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Property profile

125 Hazard Ave Enfield, CT 06082

FOR SALE
Commercial land
Property ID
US15-1109979
9.47 ac lot
Entity Owned Absentee Owner Free & Clear
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125 Hazard Ave, Enfield, CT 06082 For Sale
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125 Hazard Ave, Enfield, CT 06082
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Property summary

AI-generated overview

This exceptional ±3.5-acre commercial land parcel, located at 125 & 135 Hazard Avenue in Enfield, Connecticut (zip code 06082), presents a unique investment opportunity. The property, situated in Hartford County, is zoned BP and boasts pre-approved plans for the construction of two medical buildings. One building is planned for 20,000 square feet, and the second for 15,000 square feet. This strategic location offers significant potential for immediate development and strong returns. The asking price for this prime Enfield real estate is $950,000. The property's ±3.5-acre size allows for efficient development and ample parking. Furthermore, the possibility of a third development on the site adds to its considerable long-term value. This is a rare opportunity to acquire a ready-to-develop parcel in a thriving Connecticut market, perfectly suited for medical facilities. The property's location offers convenient access to major transportation routes and a strong local demographic. Detailed plans and specifications for the approved medical buildings are available upon request. Don't miss this chance to secure a high-value commercial property in a desirable location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 9.47 ac (412,513 SF)
Zoning code BP
APN ENFI M:065 L:0070
UPID US15-1109979

Cap rate & NOI

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

Location

125 Hazard Ave Enfield, CT 06082
Enfield metro Census 480800 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Zoning & alternative use

BP · Enfield, CT
Zoning description

F. (Amended 7/30/02) In any Business District, except BP, the Planning and Zoning Commission may grant approval for seasonal outdoor dining areas for restaurants, as defined in these Regulations, as an accessory use, sub…

General category COMMERCIAL

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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