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Property profile

1600 King St Enfield, CT 06082

FOR SALE
Land
Property ID
US15-0630878
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1600 King St, Enfield, CT 06082 For Sale
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1600 King St, Enfield, CT 06082
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Property summary

AI-generated overview

Located on King Street (Route 5), approximately ten acres of vacant land is available from excess acreage of the Grace & Glory church, which lies directly to the north. The property consists of one undeveloped 8.58-acre lot and a portion of the lot with the church building so that a minimum of ten acres is available to meet minimum acreage required for uses such as elderly housing or assisted living. Signalized lights and a full access interchange of Interstate 91 are within one-quarter to one-half mile of the property. The property is located directly across the street from the new CREC Civic Leadership High School. Zoning for the main parcel is R-33, allowing for elderly housing at 16 units per acre, or assisted living at 10 units per acre. 1.5 acre section is zoned General Business, allowing for a wide variety of uses. With two accesses directly on King Street and backing on I-91, the property features great visibility with an average daily traffic count over 8,000 on King Street.

Property profile

Verified
Property type Land
UPID US15-0630878

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Church

Location

1600 King St Enfield, CT 06082
Enfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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