75 Talcottville RdVernon, CT 06066

Property Details for 75 Talcottville Rd

Year built

1965

Construction

STEEL FRAME

Lot size

0.79 AC

Property size (Sq ft)

2,130 SF

Zone code

COMMER

Property type

Retail properties

Property subtype

Gas stations

APN

VERN M:02 B:0004 L:00080

APU

VERNM02B0004L00080

Description

This exceptional investment opportunity presents a recently refinished Gulf-branded gas station and convenience store in Vernon, Connecticut. The property boasts a 2,130 square-foot building situated on a 0.79-acre lot, enjoying unparalleled visibility on a high-traffic road with approximately 17,000 vehicles passing daily. Its strategic location near major shopping centers, popular restaurants, and convenient highway access ensures consistent customer flow. Undergoing a complete renovation in 2022, the property features updated building systems, fuel tanks, pumps, and canopy, providing a modern and efficient fueling experience. The sale includes the real estate, business goodwill, equipment, and a valuable wholesale fuel supply agreement. Inventory is sold separately. This turnkey operation is perfect for investors seeking a strong return on investment, owner-operators looking for an established business, or those aiming to expand their portfolio within a thriving commercial area. The property's high visibility and convenient location make it an attractive proposition for a wide range of buyers. Serious inquiries only. A non-disclosure agreement is required before the address is disclosed.

• CAP approach

  CAP return

  Valuation

  6%

  $517,664

  6.5%

  $477,844

  7%

  $443,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $701,331

  Geo Method

  $701,331

• Alternative Use

  Use

  Valuation

  Residential

  $403,079

  Hospitality

  $369,218

  Educational

  $307,185

  Medical

  $317,750

  Retail

  $477,844

Location Insight

City

Vernon

County

Tolland

State

Connecticut

Latitude

41.8281

Longitude

-72.497

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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