44 Cidermill Rd Bolton, CT 06043
This exceptional 49.04-acre property, located at 44 Cider Mill Rd in Bolton, Connecticut (zip code 06043), presents a unique opportunity for mixed-use development. The land is zoned GB, R-1, and R-2, allowing for a variety of commercial and residential projects. A significant advantage is the presence of public sewer on-site, simplifying infrastructure needs. While water access is located 0.7 miles away on New Bolton Rd, the property boasts a substantial aquifer, previously connected to the town's water system. The site's potential is highlighted by a proposed multifamily development plan, estimating approximately 13 units per acre via 830G regulations, alongside commercial development possibilities. This expansive parcel offers significant potential for developers seeking a prime location in Tolland County, Connecticut. The asking price for this substantial land holding is $7,950,000. The property consists of two parcels: a 29.27-acre lot and a 19.77-acre lot. Detailed zoning information and development plans are available upon request.
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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No recorded transactions found for this property.
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Risks
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