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    44 Cidermill Rd Bolton, CT 06043

    Sponsored
    For Sale
    $7,950,000

    49-Acre Commercial/Residential Tract

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 49.04-acre property, located at 44 Cider Mill Rd in Bolton, Connecticut (zip code 06043), presents a unique opportunity for mixed-use development. The land is zoned GB, R-1, and R-2, allowing for a variety of commercial and residential projects. A significant advantage is the presence of public sewer on-site, simplifying infrastructure needs. While water access is located 0.7 miles away on New Bolton Rd, the property boasts a substantial aquifer, previously connected to the town's water system. The site's potential is highlighted by a proposed multifamily development plan, estimating approximately 13 units per acre via 830G regulations, alongside commercial development possibilities. This expansive parcel offers significant potential for developers seeking a prime location in Tolland County, Connecticut. The asking price for this substantial land holding is $7,950,000. The property consists of two parcels: a 29.27-acre lot and a 19.77-acre lot. Detailed zoning information and development plans are available upon request.

    Property Features for 44 Cidermill Rd

    General Information

    Property type
    Land
    Lot Size
    2,136,182 SF

    HighLights

    • 13‑unit multifamily property ±29.27 acres & ±19.77 acres, suitable for multifamily or commercial development.
    • Public sewer available on‑site; water access within 0.7 miles.
    • Abundant on‑site aquifer, formerly part of the town's water system.
    • $7,950,000 total price for both parcels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bolton
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4795481
    Latitude
    41.7857893

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    FAQs

    What type of property is this?
    Land - 49-Acre Commercial/Residential Tract
    Where is this land located?
    The property is located at 44 Cidermill Rd Bolton, CT.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: 13-unit multifamily property ±29.27 acres & ±19.77 acres, suitable for multifamily or commercial development.; Public sewer available on-site; water access within 0.7 miles.; Abundant on-site aquifer, formerly part of the town's water system.
    (860) 887-5000
    Request Owner's contact information
    44 Cidermill Rd Bolton, CT 06043
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    Bolton, CT 06043
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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
    44 Cidermill Rd Bolton, CT 06043
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