30 Dorset Crossing, Simsbury, CT 06070

$2,868,000
List Price
$2,868,000
Status
ACTIVE
MLS#
170182240
Price Change
▲ $96,000 1693051792
Acres
4.50

Property Description

4.5 acres of the Dorset Crossing master planned complex is approved for 72 multi-family units, including 64 market rate units and 8 affordable units based on area median income. The Pointe at Dorset Crossing with 168 units is a successful existing apartment complex with low vacancy rates, and has been sold twice since 2017. An additional 72 units to the rear of The Pointe are also recently approved under separate ownership. An existing medical office / retail building of about 15,000 square feet is adjacent to the site and also available for sale or lease, and another available one-acre lot to the southeast would be ideal for a bank, restaurant, or other commercial enterprise. The site has great visibility from Route 202, where there is a signalized entrance into the complex. The land is level with very well drained soils. Daily traffic count is about 12,000, and all utilities are available. The site is just 15 minutes from Bradley International Airport, and 25 minutes from downtown Hartford.

Additional Information

Taxes
$43,588
Lot Size
196,020
Waterfront Desc
Not Applicable
Sewer
Public Sewer In Street
Water Source
Public Water In Street

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Gregory Walwer from Academic Co-Realty Services

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.