0 Cottage Grove Rd

0 Cottage Grove Rd Bloomfield, CT 06002

0 Cottage Grove Rd, Bloomfield, CT, 06002
0 Cottage Grove Rd, Bloomfield, CT, 06002 0 Cottage Grove Rd, Bloomfield, CT, 06002
FOR SALE
Property Type:
Other Land
Amount:
$550,000
Last Verified:
Sep 27, 2024

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Highlights

  • Bloomfield Commercial Development Land 1.642 Acres
  • Gateway Development District Zone
  • High Visibility, High Density, High Traffic
  • Near intersection of Routes 187 and 218 (32,000 ADT)
  • Greater Hartford Market
  • 1.5 Miles From I-291 & I-91
  • Great Retail, Multi-Family, Hotel or Mixed-Use Site Location
  • Strong Demographics - Very Busy Commercial Business Area

Description

Bloomfield Commercial Development Land, approximately 1.642 acres, the site is GWD Zone (Gateway Development District Zone). The property has high visibility and is near the intersection of CT Routes 187 & 218. This site is 1.5 Miles From I-291 & I-91. Great Retail, Multifamily, Hotel or Mixed-Use Site Location with Strong Demographics.

Bloomfield is located in Central Connecticut, just 10 minutes northwest of the state capitol, Hartford. It is easily accessible to Bradley International Airport and interstates 84 and 91. The Town encompasses 26.4 square miles and has a population of 20,000 residents. Interstate-91 is just minutes away by car while Routes 218, 187, and 189 run through Bloomfield, giving the town easy access to major roadways. The CT Transit bus line provides public transportation to and from Bloomfield. This town is a picturesque Connecticut village, graced with rural beauty, abundant land, quality schools, dynamic commercial building projects, and a highly educated work force. Homeowners value Bloomfield as a quiet, friendly haven from the big cities. Bloomfield also offers an unmatched opportunity for businesses seeking a strategic location in New England, with the largest tract of undeveloped industrial land in the Capitol Region, making Bloomfield the perfect place to build a dream home or an international headquarters.

Lot Size: 1.64 acres


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Map of 0 Cottage Grove Rd, Bloomfield, CT, 06002

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.