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Property profile & analytics
OFF-MARKET
Commercial real estate

8 Granby Rd Granby, CT 06035

3,185 SF 1.6 ac lot Built 1882
Property ID
US15-0592549
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1882
Total area 3,185 SF
Lot 1.6 ac (69,696 SF)
UPID US15-0592549
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
Current use
Occupant on record · Public records
  • East Nassau Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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