Property profile

280 Talcottville Rd Vernon, CT 06066

FOR LEASE
Office buildings
Property ID
US15-0018357
9,648 SF 0.55 ac lot Built 1972
Entity Owned 5-yr Hold ~ Est. High Equity
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280 Talcottville Rd, Vernon, CT 06066 For Lease
Contact for pricing 1,408 SF available
280 Talcottville Rd, Vernon, CT 06066
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Property summary

AI-generated overview

This exceptional 0.55-acre commercial land parcel is ideally situated on Talcottville Road (Route 83) in Vernon, Connecticut, within Tolland County. The property's zoning is designated as Commercial, making it perfectly suited for a variety of retail uses. Its location along a busy retail corridor ensures high visibility and significant traffic exposure, presenting a compelling opportunity for businesses seeking a prominent presence. The single-tenancy land offers a straightforward development opportunity, eliminating the complexities of multi-tenant properties. The address is 280 Talcottville Road, Vernon, CT 06066, with GPS coordinates of 41.8382782 latitude and -72.4902952 longitude. This property presents a rare chance to establish a business in a high-traffic area with strong demographics, offering excellent potential for growth and return on investment. The site's 0.55 acres provide ample space for development, catering to a range of retail concepts. Serious inquiries are encouraged to explore the possibilities this prime location offers.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1972
Construction FRAME
Total area 9,648 SF
Lot 0.55 ac (23,958 SF)
Zoning code COMMER
APN VERN M:10 B:015K L:0030A
UPID US15-0018357

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Law Firm
  • Plumbing Service General Contractor
  • Law Firm
  • Law Firm

Location

280 Talcottville Rd Vernon, CT 06066
Vernon metro Census 530302 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2021
Last sale
$300,000
4 recorded transactions
2021
$300,000
2006
Price N/A
2001
$255,000
1987
Price N/A

Zoning & alternative use

COMMER · Vernon, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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