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    170 Hale Rd Manchester, CT 06042

    Sponsored
    For Lease
    Contact for pricing

    3.44 Acres, High-Traffic Location

    Lot size:
    6,084 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.44-acre property at 170 Hale Road, Manchester, CT 06042, presents a significant redevelopment opportunity in the bustling Buckland Hills retail corridor. The existing 6,084 square foot building, constructed in 1995, sits on a single-story structure and offers a versatile canvas for a variety of uses. Boasting excellent visibility at a traffic light intersection with over 15,000 vehicles daily, and a mere two-minute drive from Interstate-84, this location ensures high exposure and accessibility. The B3 zoning allows for the potential construction of up to 30,000 square feet, making it ideal for a wide range of developments. Consider retail, medical, hotel, restaurant, service businesses, a gas station/convenience store, or even apartments. The property's strategic position amongst established businesses like Ashley's Furniture, Courtyard by Marriott, Urban Air Adventure Park, Walmart, and the Buckland Hills Mall, guarantees a strong foundation for success. Ground lease or build-to-suit options are available. This is a prime location for investors seeking high-impact development in a thriving Connecticut market. The property is conveniently located near the intersection of Hale Road and I-84. This is a rare opportunity to acquire a significant parcel in a high-demand area. Don't miss this chance to capitalize on this exceptional redevelopment potential.

    Property Features for 170 Hale Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,084 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,084 SF

    HighLights

    • 3.44‑acre site with potential for up to 30,000 SF of new construction.
    • Excellent visibility in the high‑traffic Buckland Hills retail corridor on Hale Road.
    • Signalized intersection providing main access to Buckland Hills.
    • Ample parking with traffic light access to Hale Road.
    • High‑traffic location with over 13,500 vehicles per day.
    • Close proximity to I‑84 (Exit 63).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Manchester
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.53275080419
    Latitude
    41.810348398672

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    FAQs

    What type of property is this?
    Restaurant - 3.44 Acres, High-Traffic Location
    Where is this restaurant located?
    The property is located at 170 Hale Rd Manchester, CT.
    What are key features of this property?
    This property features: 3.44-acre site with potential for up to 30,000 SF of new construction.; Excellent visibility in the high-traffic Buckland Hills retail corridor on Hale Road.; Signalized intersection providing main access to Buckland Hills.
    Request Owner's contact information
    170 Hale Rd Manchester, CT 06042
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    Manchester, CT 06042
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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
    170 Hale Rd Manchester, CT 06042
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