4 Wells Rd East Windsor, CT 06016
This exceptional 2.01-acre commercial land parcel in East Windsor, Connecticut, presents a prime development opportunity. Located at 4 Wells Road, this fee-simple property boasts a highly visible corner lot with frontage on North Road (CT Route 140), a major thoroughfare experiencing over 13,000 vehicles daily. The B-3 zoning allows for a wide range of commercial uses, offering significant flexibility for potential developers. Pre-existing approvals from 2021 are in place for a 5,095 square foot medical building, streamlining the development process. Furthermore, past approvals exist for warehouse uses up to 10,000 square feet. This strategic location, combined with the existing approvals and high traffic count, makes this property an attractive investment for businesses seeking a prominent presence in a thriving area. The asking price is $325,000. The property's zip code is 06016, situated in Hartford County. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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