SITE 1 (160.34 ACRES) SITE 2 (43.98 ACRES) www.cbre.com/windsordevelopmentland FOR SALE CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture 20 ONE MILE TO BRADLEY INTERNATIONAL AIRPORT 20 MINUTES TO SPRINGFIELD, MA 20 MINUTES TO HARTFORD, CT 1190 KENNEDY ROAD/ 451 HAYDEN STATION ROAD 1201 KENNEDY ROAD 204 ACRES AVAILABLE TWO SITES, PRIME DEVELOPMENT OPPORTUNITY KENNEDY ROAD Windsor, CT 91 EXIT 40 EXIT 39 THE OPPORTUNITY EXCELLENT DISTRIBUTION/OFFICE/R&D/WAREHOUSE POTENTIAL CBRE/New England is pleased to present two land sites for sale along Kennedy Road and Route 20 in Windsor, CT. Both parcels are adjacent to each other and share common features. Topography is primarily flat and cleared. 1201 Kennedy Road is a total of 160.34 acres with couple areas with slope and stream beds, which can be easily circumvented with proper site planning. This parcel features excellent visibility from Route 20. 1190 Kennedy Road/451 Hayden Station Road is a total of 43.98 acres, completely cleared, flat and ready for development. There are no topographical or wetland impediments to site layout. Both sites have all utilities available to or near the property including municipal water and sewer, natural gas, electricity and all telecom capabilities. + 1201 Kennedy Road: 160.34 acres + 1190 Kennedy Road/451 Hayden Road: 43.98 acres + Flat topography, ideal for development, no wetlands + Zoning: Industrial (permitted uses include distribution, manufacturing, office and R&D) + Ideal, centralized location just one mile to Bradley International Airport and approximately 20 minutes to Hartford, CT and Springfield, MA via Interstate 91 + Part of the Bradley Airport Development Zone (tax incentives to area businesses utilizing the airport) PRICING Contact listing agent for details.
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SITE 1(160.34 ACRES)
SITE 2(43.98 ACRES)
www.cbre.com/windsordevelopmentland
FOR SALE
CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture
20
ONE MILE TO BRADLEY INTERNATIONAL AIRPORT
20 MINUTES TOSPRINGFIELD, MA
20 MINUTES TOHARTFORD, CT
1190 KENNEDY ROAD/451 HAYDEN STATION ROAD
1201 KENNEDY ROAD
204 ACRES AVAILABLETWO SITES, PRIME DEVELOPMENT OPPORTUNITYKENNEDY ROADWindsor, CT
1284
225
91
EXIT 40
EXIT 39
THE OPPORTUNITYEXCELLENT DISTRIBUTION/OFFICE/R&D/WAREHOUSE POTENTIAL
CBRE/New England is pleased to present two land sites for sale along Kennedy Road and Route 20 in Windsor, CT. Both parcels are adjacent to each other and share common features. Topography is primarily flat and cleared. 1201 Kennedy Road is a total of 160.34 acres with couple areas with slope and stream beds, which can be easily circumvented with proper site planning. This parcel features excellent visibility from Route 20. 1190 Kennedy Road/451 Hayden Station Road is a total of 43.98 acres, completely cleared, flat and ready for development. There are no topographical or wetland impediments to site layout. Both sites have all utilities available to or near the property including municipal water and sewer, natural gas, electricity and all telecom capabilities.
+ 1201 Kennedy Road: 160.34 acres
+ 1190 Kennedy Road/451 Hayden Road: 43.98 acres
+ Flat topography, ideal for development, no wetlands
+ Zoning: Industrial (permitted uses include distribution, manufacturing, office and R&D)
+ Ideal, centralized location just one mile to Bradley International Airport and approximately 20 minutes to Hartford, CT and Springfield, MA via Interstate 91
+ Part of the Bradley Airport Development Zone (tax incentives to area businesses utilizing the airport)
PRICINGContact listing agent for details.
TWO SITES, PRIME DEVELOPMENT OPPORTUNITY204 ACRES AVAILABLE
BRADLEY INTERNATIONAL AIRPORT
WINDSORLOCKS
WINDSOR
SITE 1
SITE2
20
1284
225
91
EXIT 39
1201 KENNEDY ROAD
1190 KENNEDY ROAD/451 HAYDEN STATION ROAD
ONLINE RETAILER(FULFILLMENT CENTER)
(DISTRIBUTION CENTER)(DISTRIBUTION CENTER)
(DISTRIBUTION CENTER)
187
(DISTRIBUTION CENTER)
20
MARKET AERIAL
FOR SALEKENNEDY ROAD
Windsor, CT
PROPERTY FEATURES
ZONING
The current zoning is Industrial (I) for both properties. A small portion of
the southwest boundary (over five acres) of 1201 Kennedy Road is zoned
agricultural (AG). Permitted uses include warehouse/distribution,
manufacturing, R&D and general office. Uses by special permit include
full-service hotels, conference centers, extended-stay hotels and retail
that are accessory to the primary facility.
TAXES
The Town of Windsor underwent revaluation effective October 1, 2013.
Those real estate values will remain in place for five years, until 2018
when a revaluation will take place. Property is assessed at 70% of
market value. The mill rate is 30.92 mills. The properties are currently
being taxed as farmland. Any other uses that are developed on the land
would be taxed at a different rate to go into effect as soon as the present
use ceases. Current annual taxes on the combined properties is
$24,760.84.
BRADLEY AIRPORT DEVELOPMENT ZONE (BADZ)
The Bradley International Airport, New England’s second largest, is a
major economic driver for Connecticut. The BADZ extends tax incentives
to airport-related firms utilizing the airport for distribution,
manufacturing and other specified use. If they handle goods shipped by
air, warehousing and motor-freight distribution uses qualify for
incentives. Business services also qualify if its determined that they
depend upon or relate directly to the airport. Newly constructed,
renovated or expanded facilities qualify for property tax exemption
based on the value of the improvement. The exemption equals 80% of
improvement’s assessed value and is applicable for five years.
Businesses developing or acquiring a facility also qualify for a five-year,
80% exemption on the assessed value of machinery and equipment they
install. Businesses that qualify for property tax exemptions also qualify
for a 10-year corporation business tax credit equal to the portion of the
tax attributable to the facility. The credit equals 25% of the tax.
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.