40-48 Merrow Rd Tolland, CT 06084
This exceptional 26-acre parcel, located at 40-48 Merrow Road in Tolland, Connecticut, presents a unique opportunity for significant commercial development. Zoned TVA-GD, the property offers versatile usage potential, including hotel, restaurant, multi-family residential, and retail options. The site boasts significant road frontage, with 530 feet along Merrow Road and an impressive 1,960 feet of frontage along I-84. This prime location benefits from exceptional visibility and accessibility, supported by high traffic counts: 77,700 vehicles daily on I-84 and 14,500 on Merrow Road/Route 195. Public water and sewer are readily available, simplifying infrastructure development. The asking price for this expansive and strategically located property is $4,500,000. This is an ideal investment for developers seeking a high-impact location with substantial development potential in a thriving Connecticut community. The property's zip code is 06084, and it is situated in Tolland County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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