Technical
Financial
Distress signals
Property profile

1082 Tolland Tpke Manchester, CT 06042

OFF-MARKET
Showrooms
Property ID
US15-0385309
2,644 SF 0.27 ac lot Built 1930
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1-acre commercial land parcel, located on Tolland Turnpike in Hartford County, presents a unique opportunity for investors and businesses alike. The property is designated for single-tenant occupancy, offering significant flexibility for development or expansion. Its prime location provides excellent visibility and accessibility, making it ideal for a wide range of commercial ventures. The site is currently vacant, allowing for complete customization to suit specific business needs. This presents a blank canvas for a new construction project or the relocation of an existing operation. The single-tenant nature ensures focused development and streamlined management. Given its size and location, this property is well-suited for a variety of uses, from retail establishments and restaurants to light industrial facilities or office spaces. The absence of existing structures minimizes upfront costs and allows for maximum design control. Serious inquiries are encouraged to explore the potential of this strategically positioned commercial land. The property is available for both sale and lease, offering options to suit diverse financial strategies. Detailed site plans and zoning information are readily available upon request. Don't miss this chance to acquire a valuable asset in a thriving market.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Construction FRAME
Total area 2,644 SF
Lot 0.27 ac (11,761 SF)
Zoning code SDC
APN MANC M:43 B:5490 L:1082
UPID US15-0385309

Cap rate & NOI

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

Location

1082 Tolland Tpke Manchester, CT 06042-1663
Manchester metro Census 514200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

SDC · Manchester, CT
Zoning description

le and dimension; (3) Exterior building elevations identifying the building finish materials and colors. e) Such other relevant information as the applicant may wish to submit or the Commission may request. 4.05.06 SDC Z…

General category COMMERCIAL

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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