Property profile

0 Berlin Tpke Berlin, CT 06037

OFF-MARKET
Land
3.5 ac lot
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Property summary

AI-generated overview

This exceptional ±3.5-acre commercial land parcel presents a unique investment opportunity in Berlin, Connecticut. Strategically located on Berlin Turnpike, the property boasts an impressive 473 feet of frontage, ensuring high visibility and accessibility. The site is zoned BT-2, permitting a wide range of commercial uses, including self-storage facilities. Its completely level topography simplifies development and minimizes site preparation costs. The property's convenient location offers easy access to Route 5/15, placing it in close proximity to significant traffic flow and a variety of amenities. The neighboring Hawthorne Inn further enhances the property's desirability and potential for synergistic development. This expansive lot provides ample space for a variety of commercial ventures, making it an ideal investment for developers and entrepreneurs seeking a high-impact location in a thriving Connecticut market. The asking price for this exceptional property is $900,000. Parcel number 27-2-153-20. Don't miss this chance to acquire a premier commercial site in a prime location.

Property profile

Verified
Property type Land
Lot 3.5 ac (152,460 SF)

Cap rate & NOI

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

Location

Berlin Tpke Berlin, CT 06037
Berlin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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