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Property profile & analytics

8 E Granby Rd Granby, CT 06035

  • Commercial real estate
  • 3,185 SF
  • 1.60 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US15-0592549
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.

Current Use by Public Records

  • East Nassau / Apartment Building

Property Details for 8 E Granby Rd

Year built
1882
Lot size
1.60 lot acres
Property size
3,185 SF
Property type
Commercial real estate

Description

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.


Value Estimations

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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

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  • Local Demand
City
Granby
County
Hartford
State
Connecticut
Longitude
-72.78845
Latitude
41.95413
More about this property
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