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    4 Wells Rd East Windsor, CT 06016

    Sponsored
    For Sale
    $325,000

    2.01 Acres, B-3 Zoning, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.01-acre commercial land parcel in East Windsor, Connecticut, presents a prime development opportunity. Located at 4 Wells Road, this fee-simple property boasts a highly visible corner lot with frontage on North Road (CT Route 140), a major thoroughfare experiencing over 13,000 vehicles daily. The B-3 zoning allows for a wide range of commercial uses, offering significant flexibility for potential developers. Pre-existing approvals from 2021 are in place for a 5,095 square foot medical building, streamlining the development process. Furthermore, past approvals exist for warehouse uses up to 10,000 square feet. This strategic location, combined with the existing approvals and high traffic count, makes this property an attractive investment for businesses seeking a prominent presence in a thriving area. The asking price is $325,000. The property's zip code is 06016, situated in Hartford County. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Serious inquiries are encouraged.

    Property Features for 4 Wells Rd

    General Information

    Property type
    Land
    Lot Size
    87,556 SF

    HighLights

    • $325,000 asking price.
    • 2.01‑acre commercial land parcel.
    • B‑3 zoning.
    • Fee simple ownership.
    • Located at 4 Wells Rd, East Windsor, CT 06016.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Windsor
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.572695
    Latitude
    41.936399

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    FAQs

    What type of property is this?
    Land - 2.01 Acres, B-3 Zoning, High Visibility
    Where is this land located?
    The property is located at 4 Wells Rd East Windsor, CT.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 2.01-acre commercial land parcel.; B-3 zoning.
    Request Owner's contact information
    4 Wells Rd East Windsor, CT 06016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Wells Rd East Windsor, CT 06016
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