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312 Merrow Rd - 312 Merrow Rd

30.87 Acres of Commercial Land Offered at £1,972,421 in Tolland, CT 06084

Investment Highlights

  • Close proximity to The University of Connecticut.
  • New zone change to TCZ allowing many potential uses.
  • Heavy traffic count with great visibility on Merrow Road.
  • Tax abatement program available.

Executive Summary

An estimated 62,000 cars per day travel by this 30 Acre lot located in close proximity to the on and off ramps of I-84 and six miles from the University of Connecticut. . The town is currently engaged in a visioning exercise with residents and businesses for the development of the Technology Zone district. Initial benefits of the sewer expansion are evident with the recent 120,000 square-foot development known as Fieldstone Commons. Tax Abatement Program Available!! New zone change to TCZ allowing many potential uses. Sewers available. This prime location makes it the ideal location for a multitude of uses including investment, innovator, corporation or developer, office building, laboratory, research, technology or computer-based facility. Route 195 is the primary entrance route to UCONN. This property is part of the Tolland Technology Campus Zone (TCZ) with sewers available on street. The property can used used for the following designations either through a Permitted Site Plan or a Special Permit: Retail, Personal, & Professional Service, Hospitality, Commercial Office, Commecial Laboratory & R&D, Residential & Mixed Use Development, Institutional, Public & Recreational, Agriculture & Natural Resources. Conveniently located close to highways, shopping and dining. Great investment opportunity for investor, innovator, corporation or developer, office building, laboratory, research, technology or computer based facility.

Property Facts

Price £1,972,421
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Apartment Units - Condo
  • Distribution
  • Office Park
Total Lot Size 30.87 AC

1 Lot Available

Lot

Price £1,972,421
Price Per AC £63,894
Lot Size 30.87 AC

Almost 1,000 feet of frontage on a very busy state road (route 195) available. Sewers have been installed as well. Lot in high-end community close to UCONN, jobs, homes. Route 195 is the primary entrance route to the University of Connecticut.

zoning

Zoning Code TCZ
TCZ
  • Listing ID: 21178408

  • Date on Market: 27/06/2019

  • Last Updated:

  • Address: 312 Merrow Rd, Tolland, CT 06084

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