Commercial Lot For
For Lease
$2,000/Mo
723 Farmington Avenue, New Britain, CT 06053
4-acre commercial lot for lease in New Britain, CT.
Space SizeContact for details
Lot Size4.00 Acres
Days on Market1272
Property Features for 723 Farmington Avenue
General Information
Standard status
Active
Lot size
4.00 Acres
Property subtype
Commercial
Amenities
Dry
Level Lot
No Heat Heating
Building Details
Year Built
2022
Listing Agency:
Berkshire Hathaway NE Prop.
(860) 677-4949
Listed By:
JACEK MIKOLAJCZYK
Source:
Corcoran
Added: Mar 7, 2023
Changed: Aug 27
Last Checked: Aug 29 at 6:28AM
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 Berkshire Hathaway NE Prop.
Investment Insights
Based on property information with market context.
This 4-acre commercial lot is available for lease in New Britain, CT. A 100-year lease is possible, making it suitable for apartment buildings. The property is located adjacent to a school and a recently developed gas station. It benefits from a traffic count of 9,300 cars per day. Situated near the Farmington line, the lot provides access to Highway 84. The location is suitable for a modern apartment complex, senior housing, or a mixed-use project. The property's proximity to educational institutions and retail growth positions it for high demand and consistent rental income.
Key Highlights
- Commercial 4‑acre lot suitable for apartment buildings or mixed‑use development.
- Possible 100‑year lease.
- High traffic count of 9,300 cars per day.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 06053, CT
35,024
Population
14,995
Households
2.3
Avg Household Size
35
Median Age
22%
College-Educated
85%
High-School Grad
7.9 sq mi
ZIP Area
4,433
Density / Sq Mi
$61,498
Median Household Income
$36,132
Median Earnings
$1,288
Median Rent
$201,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 4-acre commercial lot for lease in New Britain, CT.
Where is this commercial land located?
The property is located at 723 Farmington Avenue New Britain, CT.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Commercial 4‑acre lot suitable for apartment buildings or mixed‑use development.; Possible 100‑year lease.; High traffic count of 9,300 cars per day.
