1604 King St Enfield, CT 06082
For Sale
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This exceptional ±24-acre industrial development site presents a unique opportunity in Enfield, Connecticut. Strategically located just off I-91 at Exit 46, this property boasts significant frontage along major transportation arteries. The site offers 2,269 feet of frontage on the east side of I-91, providing unparalleled visibility and accessibility. Additional frontage includes 540 feet along Route 5 and 1,663 feet along the Connecticut River, offering diverse development possibilities. The land itself is comprised of approximately 75% level terrain and 25% sloping area, resulting from its previous use as a borrow pit during the construction of I-91. This characteristic presents both challenges and opportunities for development. The property is zoned I-1, allowing for a variety of uses, including industrial, office, and commercial development. High traffic counts are a significant advantage, with I-91 seeing 109,218 vehicles per day (data from 2016). This prime location, combined with its flexible zoning and substantial size, makes this a highly desirable site for developers seeking a strategic foothold in a thriving Connecticut market. The asking price for this exceptional property is $2,250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Enfield, CTEnfield. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.