Real Estate Offering Package 556 New Britain Avenue, Lot 28C, Farmington, CT ± Acres of Unimproved Industrial (CR) Zoned Land 3.3.

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1 Real Estate Offering Package 556 New Britain Avenue, Lot 28C, Farmington, CT ± Acres of Unimproved Industrial (CR) Zoned Land 3.3.

2 Table of Contents Executive Summary Reduced Sale Price $449,900 Scan the QR Code below with a barcode scanner on your smart phone to access our website. Connect with us: Property Information Assessor Property Card Assessor Map Flood and Wetlands Map Location Aerial Map Location Map Zoning Map Zoning Regulations Market Overview For more information contact: Jay L. Morris jmorris@orlcommercial.com Town Profile Town Demographics ,3,5 Mile Radius Demographics 2340 Silas Deane Highway, Rocky Hill, CT Tel: (860) Fax: (860) Summit Place, Branford, CT Tel: (203) Fax: (203) In 2014, O,R&L Commercial was recognized as the #1 Brokerage firm in Hartford County and leased or sold over 1,945,000 SF throughout the State of CT at a value of more than $210,000,000. We will provide you with a highly personalized, team approach to help you map out and implement the best strategic Marketing plan. PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

3 Executive Summary 556 New Britain Avenue* (Lot 28C), Farmington, CT O,R&L Commercial is pleased to submit for your consideration the following Offering Package for a 4.00± acre parcel of unimproved Industrial (CR) Zoned Land at 556 New Britain Avenue, Map 47, Lot 28C in the town of Farmington, Connecticut. * Town Address is 8556 New Britain Avenue because it is undeveloped land but for GPS location it is 556 New Britain Avenue. Property Summary Total Site Area 4.00± Acres Potential Uses Warehouse, Wholesale/Distribution, Vet, Bakery, Trucking Min. Acres for Sale 4.00± Acres Health/Sports Club, R&D, Laundry, Lumber Yard, Number of Lots 1 Mixed Use Developments, Retail, Office, Medical, Bank, Zoning Industrial (CR) Convenience Store, Day Care, Sales & Service, Environmental None Auto Repair, Restaurant, Hotel/Motel, Theater, Printer Highway Access I-84, Rt. 4 Traffic Count 3,813 ADT Restrictions / Easements Unknown Utilities Sewer City Frontage 500 along New Britain Avenue Water City Depth Gas Yes Site Plan Approval No Electric Yes Site Improvements None Taxes Assessment $210,000 Topography Level with road grade, lightly wooded Mill Rate (2014) Max Building Coverage TBD Taxes $5, Comments Existing curb cut access, max building height 36 feet. Directions / Location I-84 to Exit 39 to Rt. 4, Straight on Rt. 4 for 1 mile, Left on Rt. 10 (Main St) Right on Meadow Rd, Right on Red Oak Hill Rd, Right on New Britain Ave PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

4 Property Information Assessor Property Card PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

5 Property Information Assessor Map PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

6 Property Information Flood and Wetlands Map PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

7 Location Aerial PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

8 Location Location Map PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

9 Location Zoning Map PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

10 Location Zoning Regulations PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

11 Location Zoning Regulations PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

12 Location Zoning Regulations PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

13 Location Zoning Regulations PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

14 Location Zoning Regulations PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

15 Market Overview Farmington was incorporated in Known as the "Mother Town", Farmington was partitioned into the towns of Avon, Bristol, Plainville, New Britain, Berlin, Southington, and Burlington. This history is reflected in the Town Seal. Today, Farmington comprises 28.7 square miles along the Farmington River. Farmington is a residential suburb in the Hartford Metropolitan area that has retained its distinctive character through maintenance of its historic districts and careful land use planning for the future. Farmington has a Council-Manager form of government with a Council Chairperson as the chief elected official and a Town Manager as the Chief Executive Officer. Farmington (pop. 25,000) sits 10 miles west of Hartford at the hub of major I-84 interchanges, 20 miles south of Bradley International Airport and 2-hours by car from NYC and Boston. A bedroom community for Hartford decision makers with a strong commercial base in the Hartford Metro area, Farmington is an ideal site for central CT business & industry. The Town has retained its distinct character through progressive land use planning, maintenance of its historic districts and by serving its business community. Business Climate Farmington s diverse grand-list allows for a commercial mill rate among the lowest 22% in Connecticut. The Town offers incentives, including property tax abatement, to new or expanding businesses. A stable, highly educated workforce, Blue Ribbon schools, low taxes, proximity to major regional highways and myriad recreational opportunities make the Town of Farmington an ideal place to do business. Major Employers The University of Connecticut Health Center is the Town s largest employer and a leading academic research institution in CT. The Center conducts $90+ million in research annually and in 2007 received $12 million from the state to develop a Stem Cell Research Center. ConnectiCare was ranked #6 on the U.S. News and World Report/NCQA list of America s Best Health Plans (2006), and the only for-profit health plan ranked in the top 10. TRUMPF is the largest manufacturer of fabricating machinery in the U.S. Headquartered in Farmington, Otis Elevator is the world s leading manufacturer, installer and maintainer of elevators, escalators and moving walkways. Town Profile Why Farmington? Location, Location, Location! - Easy access to multiple Interstate 84 interchanges. Ten minutes to Hartford, Connecticut's Capital. Thirty minutes to Bradley International Airport. Two hours by car to New York City and Boston Low Taxes - Farmington's robust grand-list, high bond rating (AA1) and healthy business environment combine for one of the lowest commercial mill-rates not only in the Farmington Valley but also among the lowest 22% in the State of Connecticut. Thriving Business Culture - Farmington prides itself on a strong and vibrant business community, boasting more than 2,000 registered businesses. From corporate headquarters, to industry, to sole proprietorship, the Town enjoys a diverse collection of commercial enterprises. Farmington has one of the largest Class A office space inventories in the greater Hartford region. Housing Options - Farmington boasts a wide range of housing options for residents. You can find many apartment complexes throughout town as well as condominiums for both purchase and rent. There are also many entry-level homes available as well as high-end real estate. A suburban lifestyle in a rural atmosphere can be found in Farmington! Farmington street map Quality of Life - Farmington decision makers work hard to maintain the Town's unique blend of historic and progressive. Farmington boasts perennially low crime-rates, numerous parks and trails, the lovely Farmington River, museums, great restaurants and much, much more. Blue Ribbon Schools - Farmington's Public Schools are recognized as Blue Ribbon Schools by the U.S. Dept. of Education and have been designated in the Top 100 nationally by Newsweek. ACT and SAT Scores at FHS are among the highest in the State of Connecticut. Superior Workforce - Connecticut enjoys one of the highest densities of higher education in the nation; Farmington is home to both the University of Connecticut Health Center and Tunxis Community College. Whatever your business, your workforce is here. Farmington prides itself on a strong and vibrant business community, boasting more than 2,000 registered businesses. From corporate headquarters, to industry, to sole proprietorship, the Town enjoys a diverse collection of commercial enterprises. Farmington has one of the largest Class A office space inventories in the greater Hartford region. PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

16 Market Overview Town Demographics PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085

17 Market Overview 1, 3, & 5 Mile Demographics Population 1 Mile 3 Mile 5 Mile 2015 Total Population: 1,947 34, , Population: 1,993 35, ,229 Pop Growth : 2.36% 1.34% 1.04% Average Age: Households 2015 Total Households: ,241 47,907 HH Growth : 2.39% 1.39% 1.02% Median Household Inc: $94,569 $81,413 $67,417 Avg Household Size: Avg HH Vehicles: Housing Median Home Value: $315,289 $262,714 $226,521 Median Year Built: MILE 3 MILE 1 MILE PAGE New Britain Avenue (Lot 28C), Farmington, CT 06085