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Property profile & analytics
OFF-MARKET
Commercial land

647 Rte 165 Preston, CT 06365-8128

1.5 ac lot
Individually Owned 30-yr Hold ~ Est. High Equity
Property ID
US15-0268522
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.5 ac (65,340 SF)
Zoning code C-1
APN PRES M:9-0 B:165 L:647
UPID US15-0268522
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Joseph Biber · 30 yrs held
Joseph Biber
since 1996
1 recorded transaction
1996
Price N/A
Zoning & alternative use
C-1 · Preston, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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) - Act…

Zone name Commercial
General category COMMERCIAL
Zone area 126.19 ac
Source Zoning Regulations | Preston, CT
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