36 Acre Development Investment Opportunity

Vacant Land for Sale
Catylist Listing ID: 30342062
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 36 Acres
Sale Price: $3,950,000
Unit Price: $109,722 Per Acre
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 6/21/2019

Overview / Comments

500 Flatbush Avenue is a +/-36 acre retail development site in Hartford, Connecticut. This opportunity is ideally located off highly-traveled I-84 directly across from retail shops, big box stores and restaurants and the new busway.

Opportunity Zone Location - Federal Program that offers incentives for
investments in the form of preferential capital gains treatment.

• +/-36 acre retail development site
• Visibility on I-84
• Proposed new highway off-ramp to site
• 100% level site
• 119,600 vpd on I-84

Attachments & Media

Additional Details

Nearest MSA: Hartford-West Hartford-East Hartford
County: Hartford
Tax ID/APN: 139483001
Zoning: I-1
Area Description: From I-91, take Exit 32A on left and merge onto I-84. Take Exit 45 on the left for Flatbush Avenue. Turn right onto Flatbush Avenue.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,644 176,497 318,202
Median Age: 32.12 35.65 36.84
Households: 10,108 68,935 123,122

Contact

Photograph of Listing Agent

Nicholas R Morizio

Colliers International CTCList Member
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