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    FOR LEASE
    Commercial real estate

    103 Louis St, Newington, CT 06111

    2.68 ac lot
    Property ID
    US15-1061535
    103 Louis St, Newington, CT 06111 For Lease
    Contact for pricing 5,400 SF available
    103 Louis St, Newington, CT 06111
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    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.68 ac (116,741 SF)
    UPID US15-1061535
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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