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    FOR SALE
    Commercial land

    366 Boston Tpke, Bolton, CT 06043

    21.08 ac lot
    Individually Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US15-0902257
    366 Boston Tpke, Bolton, CT 06043 For Sale
    $995,000
    366 Boston Tpke, Bolton, CT 06043
    View Listing →
    Property summary
    AI-generated overview

    This exceptional 22-acre commercial land parcel, located at 366 Boston Turnpike in Bolton, Connecticut (zip code 06043), presents a unique investment opportunity. Situated in Tolland County, this property is zoned GB, allowing for a wide range of development possibilities. Its strategic location along the Boston Turnpike ensures convenient access to major highways and local amenities, benefiting both businesses and residents. The property's proximity to Bolton Notch State Park adds to its appeal, offering a scenic backdrop and recreational opportunities. The GB zoning permits diverse uses, including retail, light manufacturing, and mixed-use developments. Current projections suggest residential development potential for up to 55 units, capitalizing on the area's growing housing demand. This substantial acreage offers significant potential for expansion and future development, making it an attractive proposition for discerning investors and developers seeking a prime location in a desirable Connecticut town. The asking price for this remarkable property is $750,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 21.08 ac (918,245 SF)
    Zoning code GB
    APN BOLT M:00007 B:00130 L:00000
    UPID US15-0902257
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    State Of Connecticut · 9 yrs held
    State Of Connecticut
    since 2017
    2 recorded transactions
    2017
    2006
    $550,000
    Zoning & alternative use
    GB · Bolton, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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