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    OFF-MARKET
    Commercial real estate

    556 Simsbury Rd, Bloomfield, CT 06002

    1 ac lot
    Property ID
    US15-1032046
    Property summary
    AI-generated overview

    Exceptional one-acre commercial land parcel located at 556 Simsbury Rd, Bloomfield, CT 06002 (APN 2215480), is available for $324,925. This unique property abuts Gail Pond, offering a serene setting. The lot boasts a minimum requirement of 80,000 square feet and 50 feet of frontage, providing ample space for development. Additional privacy is ensured by a 35-foot side yard and a 59-foot rear yard. Building height is limited to 35 feet, allowing for a two-story structure with a 15% coverage. Situated in a wonderful neighborhood with longtime residents, this location provides a sense of community and is perfect for those seeking a secluded suburban area. This property is subject to probate approval. This rare opportunity allows for the creation of a dream home or commercial venture in a beautiful, peaceful setting. The property is zoned for commercial use and offers significant potential for a variety of development projects. The tranquil pond-side location provides a unique and desirable setting for any development.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1 ac (43,560 SF)
    APN 2215480
    UPID US15-1032046
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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