351 Merline Rd

Beds
Baths
16,760 Sq. Ft.
$75 / Sq. Ft.
16,760
Sq. Ft.
$75
per Sq. Ft.

Description

-Excellent and most optimal opportunity for investor/user -Turn key ready for medical office use including optometry, ophthalmology, pediatric and other professional medical uses -Located in a dense market where quality medical office space is scarce -High visibility at a stoplight with a 26,000 daily traffic count -Significant upgrades include new facade and HVAC system -Extensive quality fit out in place that is turn key ready -Broker is an owner -NOI: $134,842 -Cap Rate 9.1% -2018 Pro Forma NOI:...-Excellent and most optimal opportunity for investor/user -Turn key ready for medical office use including optometry, ophthalmology, pediatric and other professional medical uses -Located in a dense market where quality medical office space is scarce -High visibility at a stoplight with a 26,000 daily traffic count -Significant upgrades include new facade and HVAC system -Extensive quality fit out in place that is turn key ready -Broker is an owner -NOI: $134,842 -Cap Rate 9.1% -2018 Pro Forma NOI: $167,456 -Cap Rate-11.3%
  1. Listed by Bryan Atherton • Northeast Investment Realty
    P: (203)-924-9400 C: (203)-209-3337 batherton@buyandsellcre.com

Property Details for 351 Merline Road

Location
Highway Access, Office Park
Neighborhood
N/A
Garage Parking Info
Parking Lot
LISTING CLOSED: 08/08/2018 12:00 AM

Property Details for 351 Merline Road

StatusClosed
MLS #170014343
Days on Market244
Taxes$33,848 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeNon-Residential
MLS Type-
Year Built1970
Lot Size1.42 AC / 61,855 SF
CountyTolland County

Location

Listing Courtesy of Northeast Investment Realty, Bryan Atherton

Sold By H Patel Real Estate LLC, Harshal Patel

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Building Information for 351 Merline Road

Stories-Residences-Year Built1970Lot Size1.42 AC / 61,855 SF

Payment Calculator

$9,050 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,229

Property Taxes

$2,821

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 351 Merline Road

Summary
Property and Location
  • Directions: Route 83 & Merline Rd.
  • Latitude: 41.846386
  • Longitude: -72.48528
  • State: Connecticut
Parking
  • Parking Total Spaces: 0
HOA and Fees
  • Tax Year: July 2017-June 2018
  • Property Tax: $33,848
Virtual Tour
  • Virtual Tour: No
Interior and Exterior Features
Interior Features
  • Cooling System: Central Air
  • Heat Type: Gas on Gas
Property
Property and Assessments
  • Construction Description: Concrete
  • Foundation Type: Concrete
  • Road Frontage Description: Municipal Street
  • Roof: Asphalt Shingle
  • Sq Ft Source: Public Records
  • Year Built: 1970
  • Bank Owned Property: No
Lot Information
  • Documents Available: Appraisal
  • Lot Description: Level Lot
  • Parcel Number: 2359880
  • Sq Ft Total: 16760.0
  • Zoning: Commer
Utilities
  • Sewage System: Public Sewer Connected
  • Utilities Available: Electric Available, Gas, Telephone
  • Water Source: Public Water Connected

Property History for 351 Merline Road

DateEvent & SourcePriceAppreciation
Aug 1, 2018

Closed (Public Record)

Public Record #629122435

$1,250,000
Aug 1, 2018

Closed (Public Record)

Public Record #1295884910

$1,250,000

+4.9% / yr

Aug 31, 2011

Closed (Public Record)

Public Record #315584574

$900,000
DateEvent & SourcePrice
08/01/2018

Closed (Public Record)

Public Record #629122435

$1,250,000
08/01/2018

Closed (Public Record)

Public Record #1295884910

$1,250,000

+4.9% / yr

08/31/2011

Closed (Public Record)

Public Record #315584574

$900,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 351 Merline Road

Taxable ValueLand$149,100Additions$786,810Total$935,910
Tax Record2023$32,841 ($2,737 / month)
Home Facts
Baths3Total Finished SqFt16,760 SqFtAbove Grade Finished SqFt16,760 SqFtStories3Lot Size61,855 SqFtStyleMiscellaneous CommercialYear Built1970ZoningCOMMERCountyCAPITOLAPNVERN M:09 B:015H L:00019

Schools near 351 Merline Road

This home is within Vernon School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Center Road School
PublicPK to 5

Vernon Center Middle School
Public6 to 8

Rockville High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Northeast Investment Realty, Bryan Atherton

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.