Property profile

500 Berlin Tpke Berlin, CT 06037

OFF-MARKET
Land
5 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional ±13-acre industrial land parcel in Berlin, Connecticut, presents a unique investment opportunity. Strategically located on the Berlin Turnpike, this property offers unparalleled visibility and convenient access to major transportation arteries, including Routes 5, 15, and 9. The site is comprised of two contiguous lots: a ±5-acre parcel and a ±8-acre parcel, both entirely level and ready for development. The property is zoned BT-1, permitting a wide range of industrial and commercial uses. Existing utilities are already on-site, simplifying the development process and reducing upfront costs. This prime location ensures high traffic counts and excellent brand exposure, making it ideal for a variety of industrial or commercial ventures. The level topography of the land minimizes site preparation needs, further enhancing its appeal to developers. With its exceptional location, ample acreage, and existing utilities, this property represents a rare opportunity to establish a significant presence in a thriving Connecticut market. The two-lot configuration offers flexibility for potential buyers, allowing for phased development or the possibility of separate sales. Don't miss this chance to acquire a highly desirable industrial land parcel in a prime location.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

500 Berlin Tpke Berlin, CT 06037
Berlin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 Berlin Tpke?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message