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Property profile & analytics
FOR SALE
Industrial land

70 Nutmeg Ln Glastonbury, CT 06033

7.88 ac lot
Entity Owned Free & Clear
Property ID
US15-0721051
Property summary
AI-generated overview

This exceptional 7.88-acre parcel of land in Glastonbury, Connecticut, presents a unique opportunity for commercial development. Located at 70 Nutmeg Lane, 06033, this property boasts convenient access to major transportation arteries, including Routes 2, 3, 17, I-84, and I-91, ensuring excellent connectivity for businesses and employees. Zoned Planned Commercial (PC), the site offers considerable flexibility for a variety of uses. Permitted uses include, but are not limited to, daycare centers, office spaces, industrial facilities, medical offices, manufacturing plants, recreational facilities, vehicle maintenance and repair shops, and warehouse/distribution centers. While the total acreage is 7.88 acres, approximately 2.5 acres are considered usable. This versatile land presents an ideal location for businesses seeking a strategic position within a thriving Connecticut community. The property's location and zoning regulations provide a strong foundation for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this significant commercial land opportunity. Detailed site plans and zoning information are available upon request. This is a rare opportunity to acquire a substantial commercial land parcel in a highly desirable location.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 7.88 ac (343,253 SF)
Zoning code PI
APN GLAS M:E6 B:4840 L:S0002A
UPID US15-0721051
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
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k
Owner & transaction history
STOP & SHOP SUPERMARKET CO
STOP & SHOP SUPERMARKET CO
Zoning & alternative use
PI · Glastonbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Intent of this to promote Planned Industrial Uses.

Zone name Planned Industrial
General category INDUSTRIAL
Zone area 24.71 ac
Source Realmo
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