528 Monroe Tpke Monroe, CT 06468
For Lease
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This exceptional 1.96-acre commercial land parcel presents a unique investment opportunity in Monroe, Connecticut. Located at 528 Monroe Turnpike, this property boasts a highly visible position on the "pm" side of Route 111, a major commuter route experiencing significant daily traffic. Its strategic location offers unparalleled exposure for any commercial venture, ensuring high visibility and accessibility. The property's zoning (not specified in provided data) will need to be verified by the prospective buyer to determine suitable development options. The asking price for this prime commercial land is $900,000. Situated in Fairfield County, Connecticut, with a zip code of 06468, the property is conveniently located minutes from the Merritt Parkway, providing easy access to major transportation arteries. This translates to excellent connectivity for employees, customers, and suppliers. The geographic coordinates are 41.319405 latitude and -73.212557 longitude. Given its size, location, and visibility, this property is ideal for a wide range of commercial developments, making it an attractive investment for both established businesses and new ventures seeking a prominent presence in a thriving Connecticut market. Further due diligence is recommended to fully assess the development potential and confirm zoning regulations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B2 · Monroe, CTCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.