486 Tolland Tpke Manchester, CT 06042
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 486 Tolland Tpke
- Property type
- Commercial real estate
Description
This exceptional 1.63-acre parcel, located at 486 Tolland Turnpike in Manchester, Connecticut (zip code 06042), presents a remarkable opportunity for residential development. Boasting frontage on both Tolland Turnpike and Jefferson Street, this property enjoys excellent visibility and accessibility. Its strategic location offers proximity to Route 84 and the bustling Buckland Hills retail area, ensuring high demand and convenient access for future residents. A conceptual plan already exists, envisioning a 16-unit development comprising eight two-family units, totaling 18,240 square feet of gross building area and including 32 parking spaces. This plan demonstrates a 26% lot coverage ratio, leaving ample room for landscaping and open space. However, the property's zoning allows for flexibility, potentially accommodating higher density or an easier lot split, providing developers with considerable creative freedom. The asking price for this exceptional development opportunity is $225,000. This property is zoned for residential use and offers significant potential for a lucrative investment. Don't miss this chance to acquire a prime piece of land in a thriving Connecticut community.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manchester
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.527644
- Latitude
- 41.806277
