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    131 Linwood Ave Colchester, CT 06415

    Sponsored
    For Lease
    Contact for pricing

    Prime Route 16 commercial land, join Chipotle!

    Lot size:
    43,560 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1-acre commercial land parcel presents a unique investment opportunity on Route 16, boasting over 200 feet of frontage. Its strategic location within a thriving retail corridor ensures high visibility and accessibility. The property's adjacency to established businesses like Stop & Shop and Keystone Shoppes, which collectively draw over 110,000 customers monthly (source: Placer.ai), guarantees a robust customer base. The site's proximity to Route 2 further enhances its appeal, benefiting from the high average daily traffic (ADT) exceeding 25,000 vehicles. This prime location is situated in an area with an average household income (AHHI) exceeding $120,000 within a 5-mile radius, indicating strong purchasing power and consumer demand. The property's single tenancy allows for flexible development and customization, making it ideal for a variety of commercial ventures. The opportunity to join Chipotle in this established plaza adds significant value and potential for synergy. This is an exceptional chance to secure a highly visible and strategically located commercial property in a high-traffic area with proven consumer demand. The 5,100 square foot development potential offers ample space for a variety of commercial uses. This parcel presents a compelling investment opportunity for businesses seeking a prime location with high visibility and strong consumer demographics.

    Property Features for 131 Linwood Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,560 SF

    Unit(s) available at that property

    Space
    Size
    43,560 SF

    HighLights

    • 1‑acre commercial land parcel.
    • 200 feet of frontage on Route 16.
    • Located in a high‑traffic retail corridor on Route 16, near Route 2.
    • Excellent location with over 25,000+ vehicles per day.
    • Adjacent to Stop & Shop and Keystone Shoppes, drawing over 110,000 monthly customers.
    • High average household income (AHHI) exceeding $120,000 within a 5‑mile radius.
    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 Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Colchester
    County
    New London
    State
    Connecticut
    Longitude
    -72.336144422585
    Latitude
    41.572013140444

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    FAQs

    What type of property is this?
    Land - Prime Route 16 commercial land, join Chipotle!
    Where is this land located?
    The property is located at 131 Linwood Ave Colchester, CT.
    What are key features of this property?
    This property features: 1-acre commercial land parcel.; 200 feet of frontage on Route 16.; Located in a high-traffic retail corridor on Route 16, near Route 2.
    Request Owner's contact information
    131 Linwood Ave Colchester, CT 06415
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    Colchester, CT 06415
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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
    131 Linwood Ave Colchester, CT 06415
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