394 Tunxis Ave Bloomfield, CT 06002
This exceptional 9.93-acre property presents a rare residential development opportunity in desirable Bloomfield, Connecticut. Located at 394 and 406 Tunxis Avenue, this land parcel is comprised of two contiguous lots totaling 9.93 acres. The property is conveniently situated in central Connecticut, just ten minutes west of Hartford, offering easy access to Bradley International Airport and Interstates 84 and 91. Bloomfield boasts a population of 20,000 residents and is ideally located between Boston and New York City. The area provides numerous amenities including three golf courses, Auer Farm, Farmington River Park with trails, and the Wintonbury Land Trust with trails. The property at 394 Tunxis Avenue includes a recreational trail easement and right-of-way acquired by the Town of Bloomfield for the Bloomfield Greenway Multi-Use Trail. Note that the two parcels are separated by a former railroad easement. The property is being sold "as is". This presents a unique chance to develop in a thriving community with excellent access to major transportation routes and a wealth of recreational opportunities. The asking price for this significant land holding is $400,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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