1555 Tolland Tpke Manchester, CT 06042-1635
This exceptional 4.84-acre industrial land parcel, located at 1555 Tolland Turnpike in Manchester, Connecticut, presents a remarkable development opportunity. Zoned for industrial use (Ind), this property boasts unparalleled visibility and accessibility, situated on a signalized corner lot with approximately 350 feet of frontage on Tolland Turnpike and an impressive 900 feet of frontage on I-291. Its strategic location offers immediate access to I-291 (Exit 5 Southbound) and is a short four-minute drive to I-84 ramps. The high-traffic location sees 49,000 vehicles daily on I-291 and 19,000 on Tolland Turnpike, ensuring maximum exposure. Surrounded by established industrial facilities, including the Raymour & Flanigan and J.C. Penney Distribution Centers, this site benefits from a strong local workforce and consistent truck traffic. Its proximity to Manchester's busiest retail corridor adds further appeal. The property is ideal for distribution, manufacturing, or R&D uses. While currently zoned for industrial use, potential buyers should conduct their own due diligence regarding zoning variances for alternative uses. The seller may consider a ground lease. This prime location offers significant branding potential and ease of access, making it an exceptional investment in a thriving commercial and industrial area. The total square footage is 210,830, and there are no existing buildings on the site. The asking price is $890,000.
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
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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.