312 Merrow Rd Tolland, CT 06084
This exceptional 30.87-acre property in Tolland, Connecticut, presents a unique commercial investment opportunity. Located on Merrow Road, it boasts nearly 1,000 feet of road frontage and enjoys high traffic counts exceeding 9,400 vehicles daily. Its strategic location offers easy access to I-84 and is just six miles from the University of Connecticut, making it highly attractive for a variety of commercial ventures. The property is part of the Tolland Technology Campus Zone (TCZ), benefiting from readily available sewer lines. Zoned for commercial use, this land is suitable for a wide range of developments, including retail, hospitality, office buildings, laboratories, research facilities, and even residential or mixed-use projects. Permitted uses include retail, personal and professional services, hospitality, commercial office space, commercial laboratories and R&D, residential and mixed-use development, institutional, public and recreational uses, and agriculture and natural resources, either through a permitted site plan or special permit. The Tolland High School district serves the area. The property's assessment is $5,185, with an annual real estate tax of $190. Water is available via other means, and public sewer is accessible on the street. This is a rare opportunity to acquire a significant parcel of commercially zoned land in a thriving Connecticut location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.