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    1100 Boston Tpke Bolton, CT 06043

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    1100 Boston Tpke Bolton, CT 06043

    View on Map
    • Showrooms
    • 10,716 SF
    • 1.85 lot acres
    For Sale
    $810,000
    View Listing →
    Sub-dividable Lot on Route 44 For Sale
    $810,000
    3.87 Acres

    Sub-dividable Lot on Route 44

    3.87 acre lot for sale or lease in Bolton.

    1100 Boston Turnpike, Bolton, CT 6043
    View Listing
    Property ID
    US15-0837392
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • Dollar General / Discount Store

    Property Details for 1100 Boston Tpke

    Year built
    2021
    Lot size
    1.85 lot acres
    Property size
    10,716 SF
    Zone code
    GB
    Property type
    Showrooms
    APN
    BOLT M:00005 B:00081 L:00000
    APU
    BOLTM00005B00081L00000

    Description

    This ±3.87-acre commercial and residential land parcel presents a unique development opportunity in Bolton, Connecticut. Located at 1100 Boston Turnpike, this strategically positioned lot boasts exceptional visibility and accessibility from Route 44, a major thoroughfare. The property is zoned GB, allowing for a variety of uses, making it ideal for medical facilities, service retail establishments, or a small multi-family residential development. The site is sub-dividable, offering flexibility for developers seeking to create multiple smaller lots. This presents a compelling investment opportunity for those seeking to purchase land for future development or explore a build-to-suit lease arrangement. A build-to-suit lease option is available at a rate of $30 per square foot, net, net, net (NNN), for a vanilla box build-out. The asking price for the entire 3.87-acre lot is $295,000. This property's prime location, flexible zoning, and diverse development potential make it an exceptional investment in a thriving Connecticut community. The address is easily accessible and highly visible, ensuring strong potential for any future development. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable piece of land in a rapidly growing area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $765,000
      Market price range: $651k - $1.31M
      AI Estimate
      $854,000
      Market price range: $553k - $1.45M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $960,000
      Current use
      OFFICE BUILDING
      $1,145,000
      Change: +19% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,015,000
      Change: +5% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bolton
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.4262
    Latitude
    41.7968
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,225
    $107,800
    $513,500
    $621,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,448 SF

      1262 Boston Tpke

      SHOW ROOM, WAREHOUSE • 1,448 SF
      1262 Boston Tpke, Bolton, CT 06043-7451
      View Details
    • Value Estimation
      $690,000
      6,352 SF

      921 Boston Tpke

      SHOW ROOM, WAREHOUSE • 6,352 SF
      921 Boston Tpke, Bolton, CT 06043-7479
      View Details
    • Value Estimation by Request
      2,708 SF

      1120 Boston Tpke

      SHOW ROOM, WAREHOUSE • 2,708 SF
      1120 Boston Tpke, Bolton, CT 06043-7439
      View Details
    • Value Estimation
      $930,000
      8,892 SF

      275 Boston Tpke

      SHOW ROOM, WAREHOUSE • 8,892 SF
      275 Boston Tpke, Bolton, CT 06043-7252
      View Details
    • Value Estimation by Request
      2,236 SF

      262 Boston Tpke

      SHOW ROOM, WAREHOUSE • 2,236 SF
      262 Boston Tpke, Bolton, CT 06043-7204
      View Details
    • Value Estimation
      $1,510,000
      26,901 SF

      145 Hopriver Rd

      SHOW ROOM, WAREHOUSE • 26,901 SF
      145 Hopriver Rd, Bolton, CT 06043-7443
      View Details

    Similar Nearby for Sale

    • $1,250,000
      17,822 SF

      Bolton Commercial Property - High Traffic Area

      Prime Bolton location, 17,822 sqft, 4.93 acres.
      1225 Boston Tpke, Bolton, CT 06043
      View Details
    • Contact for pricing

      Bolton Development Opportunity For Sale

      21.98 acre development opportunity in Bolton, Connecticut.
      366 Boston Tpke, Bolton, CT 06043
      View Details
    • Contact for pricing

      Sub-dividable Lot on Route 44

      3.87 acre lot for sale or lease in Bolton.
      1100 Boston Tpke, Bolton, CT 06043
      View Details
    • $250,000

      Spacious Land Parcel For Sale

      Spacious land parcel in Bolton, CT, with great potential.
      126 Hebron Rd, Bolton, CT 06043
      View Details
    • $150,000

      2.05 Acre Commercial Land

      2.05-acre commercial land near parks and dining.
      1 Notch Road Ext, Bolton, CT 06043
      View Details
    View Listing
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    Bolton, CT 06043
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1100 Boston Tpke, Bolton, CT, 06043

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