10 Sebethe DrCromwell, CT 06416

  • Land
  • 13.01 AC
For Sale
$1,500,000 View listing

Property Details for 10 Sebethe Dr

Lot size
13.01 AC
Zone code
HB
Property type
Land
Property subtype
Other industrial land
APN
CROM M:00066400
APU
CROMM00066400

Description

This exceptional ±13-acre commercial land parcel presents a unique investment opportunity in Cromwell, Connecticut. Strategically located on Sebethe Drive, the property boasts unparalleled visibility from I-91, a major transportation artery, with over 100,000 vehicles passing daily. The site offers 1,242 feet of frontage along I-91, maximizing exposure and accessibility. Zoned HB (Highway Business), this versatile property allows for a wide range of commercial developments, including office, medical, retail, hospitality, and self-storage facilities. Previous approvals exist for a substantial three-story, 74,431 square foot office building, providing a solid foundation for future development plans. The expansive lot size and prime location make this an ideal site for a significant commercial project, capitalizing on the high traffic volume and excellent visibility afforded by its I-91 proximity. Located in Middlesex County, with a 06416 zip code, this property is ready for your vision. The asking price is $1,500,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $107,244,832
    Hospitality
    $98,235,688
    Educational
    $81,730,944
    Medical
    $84,541,792
    Retail
    $127,137,016
10 Sebethe Dr, Cromwell, Connecticut

Location Insight

City
Cromwell
County
Middlesex
State
Connecticut
Latitude
41.6054
Longitude
-72.7067
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,047
$375,620
-
$375,620
-
-
-
-

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