29 Windsor Ave Windsor, CT 06095
- Showrooms
- 2,016 SF
- 13.80 lot acres
Current Use by Public Records
- Showrooms
Property Details for 29 Windsor Ave
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 13.80 lot acres
- Property size
- 2,016 SF
- Property type
- Showrooms
- APN
- WSOR M:00081 B:00009 L:00012A
- APU
- WSORM00081B00009L00012A
Description
This exceptional 13.8-acre commercial land parcel presents a unique investment opportunity. Strategically located at 29 Windsor Avenue, the property boasts unparalleled highway visibility due to its prime position at the I-91/Route 159 interchange, boasting over 160,000 average daily traffic. The site benefits from significantly expanded trade area access via its proximity to major roadways including I-91, I-291, Route 159, Route 84, and Route 218. This advantageous location provides seamless connectivity to key destinations such as downtown Hartford, the future East Windsor Casino, the already-opened MGM Springfield Casino (opened August 2018), and the Naismith Basketball Hall of Fame. The property is suitable for ground lease or build-to-suit development, offering flexibility for a variety of commercial ventures. This is a rare opportunity to acquire a substantial land parcel in a high-traffic, high-visibility location with excellent access to regional attractions and major transportation arteries. The single-tenant zoning allows for focused development and streamlined permitting processes. This prime location offers significant potential for long-term growth and return on investment. Contact us today to learn more about this exceptional opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,725,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,410,000
- 6.5%
- $2,615,000
- 7%
- $2,510,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,470,000
- Geo Method
- $2,115,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,875,000
- Retail
- $2,185,000
- Mixed-Use
- $2,695,000
- Hospitality
- $2,250,000
- Educational
- $2,485,000
- Residential Income
- $2,145,000
- Energy
- $2,660,000
- Income-Based Land
- $2,585,000
- Food Service
- $2,425,000
Location Insight
- Map
- Local Demand
- City
- Windsor
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.6614
- Latitude
- 41.8043
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA