Technical
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Property profile

0 Dorset Xing Dr Simsbury, CT 06070

OFF-MARKET
Land
1.08 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.08 ac (47,045 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Dorset Xing Dr Simsbury, CT 06070
Simsbury metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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