Merrow Rd Tolland, CT 06084
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Merrow Rd
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tolland
- County
- Tolland
- State
- Connecticut
- Longitude
- -72.3657
- Latitude
- 41.8666
