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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$41,216,280
Hospitality
$37,753,888
Educational
$31,410,794
Medical
$32,491,058
Retail
$48,861,232
Location Insight
City
Cromwell
County
Middlesex
State
Connecticut
Latitude
41.6001
Longitude
-72.6797
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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