131 Linwood Ave Colchester, CT 06415
For Lease
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This exceptional 1-acre commercial land parcel presents a unique investment opportunity on Route 16, boasting over 200 feet of frontage. Its strategic location within a thriving retail corridor ensures high visibility and accessibility. The property's adjacency to established businesses like Stop & Shop and Keystone Shoppes, which collectively draw over 110,000 customers monthly (source: Placer.ai), guarantees a robust customer base. The site's proximity to Route 2 further enhances its appeal, benefiting from the high average daily traffic (ADT) exceeding 25,000 vehicles. This prime location is situated in an area with an average household income (AHHI) exceeding $120,000 within a 5-mile radius, indicating strong purchasing power and consumer demand. The property's single tenancy allows for flexible development and customization, making it ideal for a variety of commercial ventures. The opportunity to join Chipotle in this established plaza adds significant value and potential for synergy. This is an exceptional chance to secure a highly visible and strategically located commercial property in a high-traffic area with proven consumer demand. The 5,100 square foot development potential offers ample space for a variety of commercial uses. This parcel presents a compelling investment opportunity for businesses seeking a prime location with high visibility and strong consumer demographics.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.