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Property profile & analytics
FOR SALE
Commercial land

280 Berlin Tpke Berlin, CT 06037

3.71 ac lot
Individually Owned 26-yr Hold Free & Clear
Property ID
US15-0128535
Property summary
AI-generated overview

This exceptional 6.48-acre commercial property presents a remarkable redevelopment opportunity in Berlin, Connecticut. Located at 280 Berlin Turnpike, this expansive site boasts a prime location on a major signalized corner, situated at the northwest quadrant of the Berlin Turnpike and Deming Road intersection. The property's high visibility and accessibility make it ideal for a wide range of commercial ventures. The 10,125 square foot lot is comprised of three parcels and offers a flat, clean, and readily developable landscape. Its strategic position along a busy, growing retail corridor ensures high traffic volume and excellent exposure for any new development. The property is well-suited for various uses, including restaurants, medical walk-in clinics, hotels, retail establishments, or mixed-use projects. This is a rare chance to acquire a significant parcel in a thriving commercial area. The seller is open to considering strong offers. The property's size and location make it an exceptional investment opportunity with significant potential for future growth and return. Serious inquiries are encouraged. This is a truly unique opportunity to capitalize on the vibrant commercial landscape of Berlin, CT. Don't miss this chance to secure a prime piece of real estate in a high-demand location.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 3.71 ac (161,608 SF)
Zoning code PS-B
APN BERL M:4-4 B:82 L:20
UPID US15-0128535
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
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
Financial Svcs · 26 yrs held
Financial Svcs
since 1999
1 recorded transaction
1999
$1.6M
Zoning & alternative use
PS-B · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Planned Shopping B
General category COMMERCIAL
Zone area 72.96 ac
Source Realmo
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