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Property profile & analytics
FOR SALE
Commercial real estate

312 Merrow Rd Tolland, CT 06084

30.87 ac lot
Property ID
US15-0016911
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 30.87 ac (1,344,697 SF)
UPID US15-0016911
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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