0 Merrow Rd Tolland, CT 06084
This exceptional 2-acre commercial land parcel in Tolland, Connecticut, presents a unique opportunity for restaurant development. Located on Merrow Road, this prepared pad boasts readily available utilities, including public water, sewer, and gas, significantly reducing development time and costs. The site is conveniently zoned GDD and is clearly marked as a restaurant section on the attached map. High traffic counts are a key advantage, with 11,200 vehicles daily on Merrow Road and a substantial 101,600 vehicles daily on nearby I-84, ensuring excellent visibility and accessibility for your business. The asking price for this turnkey opportunity is $1,500,000. Note that an adjacent hotel site is also available for purchase at $1,750,000, with a 10% discount offered for the purchase of both properties. For those seeking an alternative, a 2-acre land lease option is also available at $100,000 per year, NNN. This property offers unparalleled potential for a thriving restaurant venture in a high-traffic location. Don't miss this chance to secure a prime commercial site in Tolland, CT.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.