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    10 Sebethe Dr Cromwell, CT 06416

    Sponsored
    For Sale
    $1,500,000

    ±13-acre site, I-91 visibility, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±13-acre commercial land parcel presents a unique investment opportunity in Cromwell, Connecticut. Strategically located on Sebethe Drive, the property boasts unparalleled visibility from I-91, a major transportation artery, with over 100,000 vehicles passing daily. The site offers 1,242 feet of frontage along I-91, maximizing exposure and accessibility. Zoned HB (Highway Business), this versatile property allows for a wide range of commercial developments, including office, medical, retail, hospitality, and self-storage facilities. Previous approvals exist for a substantial three-story, 74,431 square foot office building, providing a solid foundation for future development plans. The expansive lot size and prime location make this an ideal site for a significant commercial project, capitalizing on the high traffic volume and excellent visibility afforded by its I-91 proximity. Located in Middlesex County, with a 06416 zip code, this property is ready for your vision. The asking price is $1,500,000.

    Property Features for 10 Sebethe Dr

    General Information

    Property type
    Land
    Lot Size
    566,280 SF

    HighLights

    • High visibility on I‑91, exceeding 100,000 vehicles per day.
    • Highway Business zoning permits diverse uses, including self‑storage facilities.
    • 1,242 linear feet of I‑91 frontage.
    • Approved plans for a 74,431 square foot, three‑story office building.
    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 Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Cromwell
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.70668
    Latitude
    41.6054109

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    FAQs

    What type of property is this?
    Land - ±13-acre site, I-91 visibility, high traffic.
    Where is this land located?
    The property is located at 10 Sebethe Dr Cromwell, CT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: High visibility on I-91, exceeding 100,000 vehicles per day.; Highway Business zoning permits diverse uses, including self-storage facilities.; 1,242 linear feet of I-91 frontage.
    (860) 616-4028
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    10 Sebethe Dr Cromwell, CT 06416
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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
    10 Sebethe Dr Cromwell, CT 06416
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