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    OFF-MARKET
    Industrial land

    45 Ml St, Glastonbury, CT 06033-1209

    2.44 ac lot
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US15-1019704
    Property summary
    AI-generated overview

    This exceptional 6.93-acre parcel presents a compelling investment opportunity in Glastonbury, Connecticut. Strategically located within the town's thriving industrial zone, this property offers unparalleled access to major transportation arteries, ensuring seamless connectivity for businesses of all sizes. The expansive acreage provides ample space for a wide range of commercial developments, from warehousing and distribution centers to light manufacturing facilities. The property's prime location near the town center also offers convenient access to local amenities and a skilled workforce. While the site presents potential environmental concerns, these aspects are negotiable and factored into the asking price of $1,250,000. Prospective buyers are encouraged to conduct their own due diligence to fully assess the property's suitability for their specific needs and development plans. This is a rare opportunity to acquire a significant land holding in a highly desirable location, offering substantial potential for future growth and profitability. The address is 45,25 Mill Street, Glastonbury, CT. Serious inquiries only. The property is zoned for general commercial use. Further details regarding environmental considerations are available upon request. This is a unique chance to secure a substantial land parcel in a prime Connecticut location.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 2.44 ac (106,286 SF)
    Zoning code PI
    APN GLAS M:F5 B:4400 L:W0005
    UPID US15-1019704
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Mill Street Realty 2 LLC · 12 yrs held
    Mill Street Realty 2 LLC
    since 2013
    3 recorded transactions
    2013
    2008
    $1
    2006
    $1
    Zoning & alternative use
    PI · Glastonbury, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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