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Property profile & analytics
OFF-MARKET
Land

0 Bokum Rd Essex, CT 06426

10 ac lot
Property ID
Property summary
AI-generated overview

This exceptional offering presents two distinct development opportunities in the desirable town of Essex, Connecticut. The properties, located in a Rural Use (RU) zoned area, are situated within an Active Adult Community adjacent to the Essex Glen condominium community, offering a unique blend of commercial and residential potential. One parcel encompasses 10 acres (Lot 14-2) and is listed at $1,450,000. Access to both parcels is conveniently located at the cul-de-sac end of Essex Glen Drive. The strategic location provides easy access to Essex Village, Route 9, and Interstate 95, ensuring excellent connectivity and visibility. The 10-acre parcel presents a compelling opportunity for developers seeking to capitalize on the growing demand for residential or commercial projects in this sought-after area. The property's zoning allows for a variety of development options, making it an attractive investment for both experienced and emerging developers. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire prime development land in a thriving Connecticut community. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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