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    Dorset Xing Dr Simsbury, CT 06070

    Sponsored
    For Sale
    $750,000

    1.08-acre commercial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.08-acre commercial lot, situated in the thriving Dorset Crossing master-planned complex in Simsbury, Connecticut, presents a unique investment opportunity. Priced at $750,000, this parcel is zoned for Master Plan development and already approved for the construction of up to 14,500 square feet of new office and commercial space. Ideal uses include a bank, restaurant, or retail store. Benefitting from a highly visible location at the main entrance to the complex, the property boasts direct frontage on Route 202 at a signalized intersection, ensuring high traffic visibility. An existing 15,000 square foot medical office building is currently on the site, adjacent to The Pointe apartment complex, providing immediate synergy and established infrastructure. The level lot features well-drained soils, and all utilities are readily available. Daily traffic counts average approximately 12,000 vehicles. This strategic location offers unparalleled convenience, situated just minutes from a new Big Y grocery store, 15 minutes from Bradley International Airport, and 25 minutes from downtown Hartford. This is an exceptional opportunity to establish a thriving business in a high-demand area with excellent visibility and accessibility. The property's location within the established Dorset Crossing complex ensures a strong foundation for success.

    Property Features for 0 Dorset Xing Dr

    General Information

    Property type
    Land
    Lot Size
    47,045 SF

    HighLights

    • 1.08‑acre commercial lot in Simsbury, CT's Dorset Crossing, priced at $750,000.
    • Zoned for Master Plan development, approved for up to 14,500 sq ft of office/commercial space.
    • High‑visibility location at Route 202 signalized intersection, with 12,000+ daily vehicle counts.
    • Adjacent to a 15,000 sq ft medical building and The Pointe apartments, offering established infrastructure and synergy.
    • Minutes from a Big Y, 15 minutes from Bradley Airport, and 25 minutes from downtown Hartford.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Simsbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7895011
    Latitude
    41.9074419

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    FAQs

    What type of property is this?
    Land - 1.08-acre commercial lot, prime location.
    Where is this land located?
    The property is located at Dorset Xing Dr Simsbury, CT.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 1.08-acre commercial lot in Simsbury, CT's Dorset Crossing, priced at $750,000.; Zoned for Master Plan development, approved for up to 14,500 sq ft of office/commercial space.; High-visibility location at Route 202 signalized intersection, with 12,000+ daily vehicle counts.
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    Dorset Xing Dr Simsbury, CT 06070
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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
    Dorset Xing Dr Simsbury, CT 06070
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