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    15 Mill St Berlin, CT 06037

    Sponsored
    For Sale
    $130,000

    Prime 4.9-acre residential lot in Berlin, CT.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.9-acre parcel, located at 15 Mill Street in Berlin, Connecticut, presents a unique opportunity for residential development. The property is zoned R-15, offering significant potential for various residential projects. Its expansive size provides ample space for a substantial build, while the completely level terrain simplifies construction and minimizes site preparation costs. The address is 15 Mill Street, situated in Hartford County, with a zip code of 06037. The property's convenient location offers easy access to major transportation arteries, including Route 5, Route 9, and Highway 372, ensuring seamless connectivity to surrounding areas. This makes it an attractive location for both builders and potential homeowners. The asking price for this remarkable property is $130,000. Given its size, zoning, and accessibility, this land presents a compelling investment opportunity in a desirable Connecticut location. Serious inquiries are encouraged.

    Property Features for 15 Mill St

    General Information

    Property type
    Land
    Lot Size
    213,444 SF

    HighLights

    • ±4.9‑acre level site.
    • 100% buildable land.
    • R‑15 zoning.
    • Excellent access to Routes 5, 9, and Highway 372.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7522941
    Latitude
    41.6271491

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    FAQs

    What type of property is this?
    Land - Prime 4.9-acre residential lot in Berlin, CT.
    Where is this land located?
    The property is located at 15 Mill St Berlin, CT.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: ±4.9-acre level site.; 100% buildable land.; R-15 zoning.
    (860) 616-4022
    Request Owner's contact information
    15 Mill St Berlin, CT 06037
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    Berlin, CT 06037
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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
    15 Mill St Berlin, CT 06037
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