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Property profile & analytics
FOR LEASE
Commercial land

131 Linwood Ave Colchester, CT 06415

1,752 SF 0.79 ac lot Built 1880
Entity Owned 9-yr Hold Free & Clear
Property ID
US15-0689804
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1880
Total area 1,752 SF
Lot 0.79 ac (34,412 SF)
APN COLC M:011 B:000 L:027-000
UPID US15-0689804
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
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kettle Club LLC · 9 yrs held
Kettle Club LLC
since 2017
1 recorded transaction
2017
$335,500
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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