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Development Opportunity in Bethel, CT

48 & 50 Nashville Rd, Bethel, CT 06801

For Sale
$1,400,000
Pending

4.36 acres in R-10 zone near downtown Bethel.

Property Size3,569 SF
Days on Market347

Property Features for 48 & 50 Nashville Rd

General Information

Standard status Pending
Size 3,569 SF
Property subtype Multi-Family

Building Details

Year Built 1950
Listing Agency: Howard Hanna Rand Realty
Listed By: Jim Dilillo
Source: Ctshorelinehomesforsale
Added: Nov 28, 2025 Changed: Nov 7 Last Checked: Oct 30 at 2:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard Hanna Rand Realty

Rey
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Investment Insights

Based on property information with market context.

This property presents a development opportunity with two existing homes, a single-family and a two-family, situated on 4.36 acres in an R-10 zone, conveniently located near downtown Bethel. The existing homes, which do not need to be removed for development, currently generate $7950 in monthly income. Approximately 4 undeveloped acres remain, offering adequate road frontage for access to a potential development project. Possible development ideas include a 55 or better community, condos, or single-family homes. The current owner has a development plan, not yet proposed to the town, that includes additional rental units and for-sale condos. City water and sewer, as well as natural gas, are accessible for development projects.

Key Highlights

  • Development potential on 4.36 acres in R‑10 zone near downtown Bethel.
  • Existing rental income of $7950 per month from two homes.
  • Approximately 4 undeveloped acres with road frontage.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Tech Support Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

670
Businesses Nearby

Demographics for 06801, CT

20,245
Population
7,907
Households
2.6
Avg Household Size
43
Median Age
45%
College-Educated
91%
High-School Grad
16.9 sq mi
ZIP Area
1,198
Density / Sq Mi
$115,135
Median Household Income
$52,886
Median Earnings
$1,458
Median Rent
$426,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 4.36 acres in R-10 zone near downtown Bethel.
Where is this residential land & home lot located?
The property is located at 48 & 50 Nashville Rd Bethel, CT.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Development potential on 4.36 acres in R‑10 zone near downtown Bethel.; Existing rental income of $7950 per month from two homes.; Approximately 4 undeveloped acres with road frontage.
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