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0 King St - Route 5 Land 34 Acres of Residential Land Offered at $995,000 in Enfield, CT 06082

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EXECUTIVE SUMMARY

A prime development opportunity in Enfield. Located on King Street (Route 5), 34 acres of vacant land is available, mostly consisting of open farmed acreage in the King Street / Enfield Street Design Overlay District. The property has enough acreage to accomplish a multi-family development, with all utilities available. Signalized light and a full access interchange of Interstate 91 are within one-quarter mile of the property to the south. The property is located in close proximity to Bright Beginnings Childcare, Healthtrax Fitness, Enfield Inn, and Kings Island Boat Launch. Zoning for the parcel is R-44, allowing for market rate and elderly housing at 16 units per acre, or assisted living at 8 units per acre – 100-unit continuing care community also allowed. With nearly 1,400 feet of frontage on King Street and backing on Interstate 91, the property features great visibility with an average daily traffic count of over 12,000 on King Street.

ATTACHMENTS

Carsonflyer

PROPERTY FACTS Under Contract

Price $995,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Single Family Development
Total Lot Size 34.00 AC
Zoning R-44

1 LOT AVAILABLE

Lot 17-31

Price $995,000
Price Per AC $29,264.71
Lot Size 34.00 AC

Open agricultural land ready for development. Large flexible residential housing ordinance allows multi-family development.

  • Listing ID: 20187720

  • Date on Market: 7/7/2020

  • Last Updated:

  • Address: 0 King St, Enfield, CT 06082

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