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    132 Griffin Rd Bloomfield, CT 06002

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    For Sale
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    Prime 44-acre development site in Bloomfield, CT. DDZ zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44-acre parcel presents a unique development opportunity in Bloomfield, Connecticut. Located at 132 Griffin Road North, this level lot boasts DDZ zoning, allowing for a diverse range of uses including multi-family residential, office, and educational facilities. Its strategic location offers significant advantages. The property is situated adjacent to Griffin Center, providing convenient access to amenities and services. Furthermore, its suburban setting places it in close proximity to major employers, schools, and Bradley International Airport, enhancing its appeal to potential residents and businesses. The DDZ zoning permits a 50% coverage ratio, allowing for substantial development density. Specifically, multi-family development could yield up to 16 units per acre. The site's flat topography simplifies construction and minimizes site preparation costs. Nearby recreational activities further enhance the desirability of this location. This large parcel represents a rare chance to capitalize on a prime development opportunity in a thriving Connecticut community. The property is situated in Hartford County, Connecticut, with a zip code of 06002.

    Property Features for 132 Griffin Rd

    General Information

    Property type
    Land
    Lot Size
    1,916,640 SF

    HighLights

    • Large parcel adjacent to Griffin Center.
    • DDZ zoning allows multi‑family, office, school, and other uses.
    • Suburban location near major employers, schools, and Bradley International Airport.
    • Level, buildable lot.
    • 50% lot coverage ratio.
    • 16 multi‑family units per acre allowed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Gym & Fitness Auto Parts Store Department Store Kitchen & Bath HVAC Service Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Bloomfield
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7333604
    Latitude
    41.8394458

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    FAQs

    What type of property is this?
    Land - Prime 44-acre development site in Bloomfield, CT. DDZ zoning.
    Where is this land located?
    The property is located at 132 Griffin Rd Bloomfield, CT.
    What are key features of this property?
    This property features: Large parcel adjacent to Griffin Center.; DDZ zoning allows multi-family, office, school, and other uses.; Suburban location near major employers, schools, and Bradley International Airport.
    Request Owner's contact information
    132 Griffin Rd Bloomfield, CT 06002
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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
    132 Griffin Rd Bloomfield, CT 06002
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