723 Farmington Ave New Britain, CT 06053
Property profile & analytics
723 Farmington Ave, New Britain, CT 06053
- Industrial properties
- 25.69 lot acres
Property ID
US15-0317891
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Industrial properties
Property Details for 723 Farmington Ave
- Lot size
- 25.69 lot acres
- Zone code
- T
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- NBRI M:C3A B:1
- APU
- NBRIMC3AB1
Description
This exceptional 4-acre commercial lot presents a remarkable investment opportunity in New Britain, Connecticut. Ideally situated adjacent to a school and a newly constructed gas station, this property enjoys exceptional visibility with a daily traffic count exceeding 9,300 vehicles. The lot features 200 feet of frontage, providing ample space for development. Zoned for commercial use, this single-tenant property offers the potential for a long-term lease, possibly extending up to 100 years. Its strategic location near the Farmington town line and convenient access to Highway 84 ensures unparalleled connectivity. The high traffic volume, coupled with the proximity to a school and established retail, makes this site exceptionally attractive for a variety of developments. Consideration could include, but is not limited to, apartment buildings, senior housing, or a mixed-use project. This location is poised to generate strong rental income due to the high demand in the area. Don't miss this chance to acquire a prime commercial parcel in a thriving location. The total number of parking spaces is to be determined. Hartford County zoning applies.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- New Britain
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.7858
- Latitude
- 41.6976
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,057
$200,970
$166,250
$367,220
-
$0.00
$0.00
$0.00
