$1 Auction - 1.53 Acre Outparcel to Ollie's, Tractor Supply, Dollar Tree | 14K VPD

Investment Highlights

• ±1.53 Acre Commercial Development Site in Barkhamsted, CT approximately 18 miles from Hartford
• Attractive Demographics with Annual Household Income of ±$110,164 and Population of ±20,229 Individuals (5-Mile)
• Highway Visibility on New Hartford Road (US-44) with ±14,544 Vehicles per Day and Near James H Darcey Mem Hwy with ±14K VPD
• Nearby National Retailers: Stop & Shop Supermarket, Tractor Supply, Ollie’s, Subway, Dollar Tree, Dollar General, T-Mobile, O’Reilly Auto Parts, more
• 4.2% Population Growth from 2020-2024 and Future Growth from 2024-2029 Anticipated (5-Mile Radius)
• Favorable B-2, General Business Zoning with Permitted Uses including Retail, Bank, Restaurant, Office, and more
• Absolute $1 Auction - NO RESERVE

Offering Summary

Marcus & Millichap is pleased to present a ±1.53-acre commercial development site located at 364 New Hartford Road (the “Property”) in Barkhamsted, Connecticut. This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!

The Property consists of a 1.53-acre parcel and benefits from excellent frontage along New Hartford Road (US-44) with ±14,544 vehicles per day, providing strong visibility and accessibility. The Property benefits from favorable B-2, General Business zoning that allows for a wide variety of uses including retail, restaurant, bank, office, and others.  Due to its strategic location in a growing market, the Property presents developers with a prime development opportunity with the potential for significant upside.

Barkhamsted is located near the Massachusetts border approximately 18 miles northwest of Hartford. Nearby traffic drivers include Stop & Shop Supermarket, Tractor Supply, Ollie’s, Subway, Dollar Tree, Dollar General, T-Mobile, O’Reilly Auto Parts. The Property is located in an area that serves 20,229 people within a 5-mile area and ±76,622 individuals with an AHHI of ±$114,242 within a 10-mile area further enhancing the area’s retail potential. The population has experienced 4.21% growth from 2020-2024 with 1.74% growth expected to continue through 2029.

Auctioneer: Lamar P. Fisher Fisher Auction Company Inc.