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Property profile & analytics
OFF-MARKET
Retail space

630 Talcottville Rd Vernon, CT 06066-2393

1.73 ac lot
Entity Owned 8-yr Hold Free & Clear
Property ID
US15-0797110
Property summary
AI-generated overview

This single-story, 9,000 square foot retail plaza, situated on 1.73 acres of land at 630 Talcottville Road in Vernon, CT, presents a prime leasing opportunity. Built in 1977, the property boasts a high-traffic location on Route 83, experiencing nearly 20,000 average daily vehicles. Its convenient proximity to apartments, condominiums, a bus route, and a high school ensures a consistent flow of potential customers. Currently, approximately 1,800 square feet of space is available for lease. One unit, totaling roughly 800 square feet, features a large room, a bathroom, gas heat, central air conditioning, and city water/sewer. This unit is immediately available. The landlord prefers a three-year lease term. Tenants are responsible for electricity and natural gas. Monthly rent for this unit is $1,000. The property also offers the potential use of an outdoor fenced area (approximately 60' x 32'). Signage opportunities are available above and on the existing sign board. The landlord prohibits the sale of CBD, THC, marijuana, and vaping products. The zoning is commercial. The maximum contiguous space available is 1,000 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.73 ac (75,359 SF)
Zoning code COMMER
APN VERN M:08 B:0025 L:00009
UPID US15-0797110
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
  • Sunshine Spa Alternative Medicine Practice Spa & Massage Center
  • Four Seasons Package Store Specialty Food Shop Wine and Liquor Store
  • Vernon Coin Center (Bike/Boat/Book/etc) Store
  • Linda's Daydreams (Bike/Boat/Book/etc) Store
  • Paul's Boutique Records (Bike/Boat/Book/etc) Store
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
575 Talcott Properties · 8 yrs held
575 Talcott Properties
since 2017
1 recorded transaction
2017
$780,000
Zoning & alternative use
COMMER · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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