96 Depot St East Windsor, CT 06016
This exceptional 10.92-acre property in East Windsor, Connecticut, presents a remarkable redevelopment opportunity. The site includes a 4,700 square foot, 13-room colonial home built in 1999, featuring six bedrooms, three full baths, and two half baths, requiring cosmetic upgrades. An attached one-bedroom apartment is also present, ideal for a caretaker or in-laws. The property further boasts a large barn and paddocks, suitable for continued agricultural use or repurposing. Zoned R2, the land offers significant potential for subdivision and the creation of a 35+ unit residential development, with the town indicating that maintaining 30% open space allows for 5 units per acre on the remaining 70%. The existing home could be sold separately to recoup investment costs. The property's location on Depot Street provides convenient access to Interstate 91 and local amenities. Infrastructure, including utilities, is readily available. This prime location in a growing community offers substantial returns for developers seeking a high-impact project. The existing structures and ample land provide flexibility for various development scenarios, making this a truly unique investment opportunity. The property's value is further enhanced by its scenic surroundings and the potential for significant appreciation in a thriving market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.