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    500 Berlin Tpke Berlin, CT 06037

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    For Sale
    Contact for pricing

    ±13 Acres, Prime Industrial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±13-acre industrial land parcel in Berlin, Connecticut, presents a unique investment opportunity. Strategically located on the Berlin Turnpike, this property offers unparalleled visibility and convenient access to major transportation arteries, including Routes 5, 15, and 9. The site is comprised of two contiguous lots: a ±5-acre parcel and a ±8-acre parcel, both entirely level and ready for development. The property is zoned BT-1, permitting a wide range of industrial and commercial uses. Existing utilities are already on-site, simplifying the development process and reducing upfront costs. This prime location ensures high traffic counts and excellent brand exposure, making it ideal for a variety of industrial or commercial ventures. The level topography of the land minimizes site preparation needs, further enhancing its appeal to developers. With its exceptional location, ample acreage, and existing utilities, this property represents a rare opportunity to establish a significant presence in a thriving Connecticut market. The two-lot configuration offers flexibility for potential buyers, allowing for phased development or the possibility of separate sales. Don't miss this chance to acquire a highly desirable industrial land parcel in a prime location.

    Property Features for 500 Berlin Tpke

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • High‑traffic location on Berlin Turnpike.
    • Two available parcels: approximately 5 and 8 acres.
    • Completely level land.
    • All necessary utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7365348
    Latitude
    41.6367439

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    FAQs

    What type of property is this?
    Land - ±13 Acres, Prime Industrial Location
    Where is this land located?
    The property is located at 500 Berlin Tpke Berlin, CT.
    What are key features of this property?
    This property features: High-traffic location on Berlin Turnpike.; Two available parcels: approximately 5 and 8 acres.; Completely level land.
    Request Owner's contact information
    500 Berlin Tpke Berlin, CT 06037
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    Berlin, CT 06037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    500 Berlin Tpke Berlin, CT 06037
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