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    70 Nutmeg Ln Glastonbury, CT 06033

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    For Sale
    Contact for pricing

    Prime Commercial Land, Glastonbury, CT

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.88-acre parcel of land in Glastonbury, Connecticut, presents a unique opportunity for commercial development. Located at 70 Nutmeg Lane, 06033, this property boasts convenient access to major transportation arteries, including Routes 2, 3, 17, I-84, and I-91, ensuring excellent connectivity for businesses and employees. Zoned Planned Commercial (PC), the site offers considerable flexibility for a variety of uses. Permitted uses include, but are not limited to, daycare centers, office spaces, industrial facilities, medical offices, manufacturing plants, recreational facilities, vehicle maintenance and repair shops, and warehouse/distribution centers. While the total acreage is 7.88 acres, approximately 2.5 acres are considered usable. This versatile land presents an ideal location for businesses seeking a strategic position within a thriving Connecticut community. The property's location and zoning regulations provide a strong foundation for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this significant commercial land opportunity. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

    Property Features for 70 Nutmeg Ln

    General Information

    Property type
    Land
    Lot Size
    343,253 SF

    HighLights

    • 7.88‑acre commercial land parcel for sale.
    • Zoned Planned Commercial (PC), allowing for diverse uses.
    • Convenient access to Rts. 2, 3, 17, I‑84, and I‑91.
    • Approximately 2.5 usable acres.
    • Permitted uses include daycare, office, industrial, medical, manufacturing, recreation, vehicle repair, and warehouse/distribution.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Glastonbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.595909
    Latitude
    41.7094189

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Glastonbury, CT
    Where is this land located?
    The property is located at 70 Nutmeg Ln Glastonbury, CT.
    What are key features of this property?
    This property features: 7.88-acre commercial land parcel for sale.; Zoned Planned Commercial (PC), allowing for diverse uses.; Convenient access to Rts. 2, 3, 17, I-84, and I-91.
    Request Owner's contact information
    70 Nutmeg Ln Glastonbury, CT 06033
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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
    70 Nutmeg Ln Glastonbury, CT 06033
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