Property profile

100 Nod Way Avon, CT 06001

OFF-MARKET
Land
9.26 ac lot
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Property summary

AI-generated overview

This exceptional 9.26-acre parcel in Avon, Connecticut, presents a unique development opportunity. Situated directly across from the Blue Fox Run Golf Course on the Farmington River, this property offers unparalleled convenience and scenic beauty. Previous plans have been submitted for a mixed-use development encompassing 42 multi-family and 13 single-family homes, designed as an affordable housing project. However, the site's zoning and location also make it highly suitable for a senior housing development, with a potential for 100-125 units under an 8-30g project. Currently zoned agricultural, the land is strategically positioned amongst existing multi-family developments in RU-2A zoning, which permits Planned Elderly Residential Development or Assisted Living through special exception. All utilities are readily available. The property enjoys a prime location, just a quarter-mile north of Route 44's commercial corridor and less than a mile from Avon Village Center. Commuting is a breeze, with Bradley International Airport and downtown Hartford both within a 25-minute drive. This is an exceptional opportunity to acquire a large, well-located parcel with significant development potential in a thriving Connecticut community. The asking price is $2,500,000.

Property profile

Verified
Property type Land
Lot 9.26 ac (403,366 SF)

Cap rate & NOI

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

Location

100 Nod Way Avon, CT 06001
Avon metro
Google Maps

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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