8 Granby Rd Granby, CT 06035
This exceptional 3,185 square foot commercial property presents a unique development opportunity in Granby, CT. Situated on a 1.6-acre lot at the prominent intersection of Salmon Brook and East Granby Road, this property benefits from high visibility and convenient access. The location is further enhanced by the presence of several new businesses nearby, creating a thriving commercial environment. Westfield Bank is an immediate neighbor, adding to the area's established commercial presence. The property is currently zoned for commercial use, making it ideal for a variety of development projects. While a previous owner initiated renovations on the existing structure, these were left incomplete, offering a blank canvas for a developer's vision. The significant value lies in the commercially zoned land itself. The property boasts existing water and sewer connections, simplifying the development process. Furthermore, the main intersection is undergoing a complete reconstruction, promising increased traffic flow and visibility once completed. This presents a rare chance to capitalize on a prime location in a growing commercial area. The property's size and location make it an attractive investment for developers seeking a high-impact project in a desirable Connecticut town. This is a truly exceptional opportunity to build upon an existing foundation and create a thriving commercial venture. The asking price reflects the significant potential of this strategically located property.
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East Nassau Apartment Building
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.