103 Louis St, Newington, CT 06111
For Lease
This exceptional 2.68-acre commercial/industrial lot is ideally situated in Newington, Connecticut, at 103 Louis Street, zip code 06111, offering unparalleled accessibility and development potential. The property boasts a desirable corner location, providing multiple entry and exit points, perfect for maximizing visibility and operational efficiency. Its location directly off the Berlin Turnpike ensures high traffic volume and excellent exposure. The site benefits from its proximity to major highways, I-91 and I-84, providing convenient access to regional transportation networks. This previously approved lot is zoned PD (Planned Development), allowing for a diverse range of uses including hotel, light industrial, retail, trades, banks, and professional office spaces. The land is flat and open, simplifying site preparation and construction. Importantly, an environmental assessment has already been completed, revealing no issues (available upon request). This first-generation land presents a unique opportunity for developers seeking a build-ready site with minimal pre-development hurdles. The property's zoning allows for a variety of uses, making it an attractive investment for a wide range of commercial and industrial projects. This is a rare opportunity to acquire a prime piece of land in a thriving Connecticut location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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.