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Property profile & analytics
OFF-MARKET
Commercial land

5 Berlin Rd Cromwell, CT 06416-1744

5 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US15-0779636
Property summary
AI-generated overview

This exceptional ±5-acre commercial land parcel presents a prime development opportunity in Cromwell, Connecticut. Located at 5 Berlin Road, this property boasts a highly desirable location within a bustling retail corridor, experiencing over 21,000 vehicles per day at the Shunpike Road and Berlin Road intersection. The site offers excellent visibility and accessibility, with convenient proximity to major transportation arteries. Less than a mile from Route 9 and 1.3 miles from Interstate-91, this location ensures easy access for both employees and customers. The zoning allows for the construction of a drive-thru building up to 3,300 square feet, making it ideal for a variety of uses including retail, medical facilities, restaurants, or banking institutions. This property benefits from the established presence of numerous national retailers in the immediate vicinity, including Walgreens, McDonald's, Dunkin', Stop & Shop, Mattress Firm, Taco Bell, and Burlington, creating a strong and vibrant commercial environment. The high traffic counts and strategic location make this a truly exceptional investment opportunity for developers seeking a high-impact commercial project in a thriving Connecticut market. Contact us for pricing details and to explore the potential of this remarkable property.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 5 ac (217,800 SF)
Zoning code HB
APN CROM M:00095900
UPID US15-0779636
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
5 Berlin Cromwell LLC · 3 yrs held
5 Berlin Cromwell LLC
since 2023
Last sale
$400,000
2 recorded transactions
2023
$400,000
2000
$63,667
Zoning & alternative use
HB · Cromwell, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name Highway Business
General category COMMERCIAL
Zone area 330.94 ac
Source Realmo
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