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Property profile & analytics
FOR LEASE
Commercial land

420 Talcottville Rd Vernon, CT 06066

2.91 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US15-1171887
Property summary
AI-generated overview

This exceptional commercial property, located at 420 Talcottville Road (Route 83) in Vernon, Connecticut, offers up to 6,000 square feet of space available for sale or lease. Situated on a 2.91-acre lot, this medical office space is part of a new development, with The Learning Experience soon to open nearby. The property boasts excellent visibility and high traffic counts, benefiting from its location in a busy retail corridor. This site conveniently serves the towns of Vernon, Rockville, Tolland, Ellington, South Windsor, and Manchester. Potential access is available via a signalized entrance, with ample shared parking and cross easements provided by the adjacent center. All essential utilities are readily available, including water, sewer, and gas. The property is zoned for commercial use, making it ideal for a variety of businesses, including retail, medical, restaurant, service, or financial institutions. The building currently has 30,000 square feet of vacant space. This presents a unique opportunity for businesses seeking a prominent location with strong accessibility and visibility in a thriving community. The property's multiple tenancy allows for flexibility in lease terms and space requirements.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 2.91 ac (126,760 SF)
Zoning code COMMER
APN VERN M:09 B:015H L:00030
UPID US15-1171887
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
Current use
Occupant on record · Public records
  • The Learning Experience - Vernon Daycare Center
  • Popeyes Louisiana Kitchen Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k
Owner & transaction history
Vernon Development LLC · 2 yrs held
Vernon Development LLC
since 2023
Last sale
$895,000
2 recorded transactions
2023
$895,000
2022
Price N/A
Zoning & alternative use
COMMER · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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