3 Nelson Dr Preston, CT 06365-8428
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Bills Auto Inc Auto Repair Shop
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Intoxalock Ignition Interlock Building Supply General Contractor
4.1.5 R-40 Residential - This district is intended to be used primarily for single-family detached dwellings in conventional subdivisions; however, does allow for multi-family uses by special exception. The district is aimed at encouraging, stabilizing and protecting family life in residential neighborhoods and serving these areas with adjacent non-residenti…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-40 · Preston, CT4.1.5 R-40 Residential - This district is intended to be used primarily for single-family detached dwellings in conventional subdivisions; however, does allow for multi-family uses by special exception. The district is aimed at encouraging, stabilizing and protecting family life in residential neighborhoods and serving these areas with adjacent non-residential services and facilities. 4.1.6 Commercial (C-1) - This district provides opportunities for a variety of retail and personal service activities to serve the residents of both Preston and the surrounding area. Selection of these areas and the standards relating to them are intended to make them as compatible as possible with nearby residential uses. 4.1.7 Planned Industrial (PI) - Activities in this district are intended to provide opportunities for uses that will broaden the Town’s non-residential tax base without resulting in undesirable impacts on the physical and social environment. 4.1.8 Resort Commercial (RC) - The purpose of this district is to promote tourism-oriented commercial development along portions of State Route 2 or in the future may include other state highways. Such development should incorporate engineering and planning techniques, which promote traffic safety. 4.1.9 Thames River D istrict (TRD) - The purpose of this district is to promote the commercial use and re-use of property at Preston Riverwalk and the surrounding area utilizing the area’s unique locational characteristics and site amenities. 4.1.10 Preston City Village District (PCVD) - This district contains Preston City which is a National Register Historic District. It is an exceptionally well preserved entity containing a high concentration of historic contributing buildings and sites dating from the late seventeenth to the twentieth centuries.This is a mixed-use development district that encourages the enhancement of its historic character. 4.1.11 Poquetanuck Village District (PVD) - This district contains Poquetanuck Village, which is a National Register Historic District, is an exceptionally well-preserved historic area containing a high concentration of historically contributing buildings and sites dating from the late seventeenth to the twentieth century. This is a mixed-use development district that encourages the enhancement of its historic character.
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.