31 Tobey RdBloomfield, CT 06002

  • Industrial properties
  • 44,995 SF
For Sale
$4,000,000 View listing

Property Details for 31 Tobey Rd

Year built
1954
Construction
STEEL FRAME
Lot size
18.84 AC
Property size (Sq ft)
44,995 SF
Zone code
I-1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
BLOO M:44 L:26
APU
BLOOM44L26

Description

This exceptional 46,743-square-foot multi-use building, located at 31 Tobey Road in Bloomfield, Connecticut, presents a compelling investment opportunity. Situated on a 7.2-acre beautifully landscaped lot, this "Green Building" is zoned I-1, allowing for a diverse range of uses including industrial, office, business, retail, service, school, storage, warehouse, and manufacturing. The property boasts 17 dock-high doors, ensuring efficient loading and unloading. The building features heavy power, gas heat, and all utilities are separately metered for optimal cost management. Abundant natural light is provided by numerous skylights. Currently, the property enjoys a 95% occupancy rate, generating an annual income of $462,576. Tax abatements are available for manufacturing businesses. The asking price is $4,000,000, translating to $85.57 per square foot. This property offers a unique blend of functionality and versatility, making it an ideal investment for a wide range of potential buyers. The location in Bloomfield, Hartford County, CT, 06002 provides excellent access to major transportation routes and a thriving business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,514,814
    Hospitality
    $7,799,524
    Educational
    $6,489,112
    Medical
    $6,712,282
    Retail
    $10,094,175
31 Tobey Rd, Bloomfield, Connecticut

Location Insight

City
Bloomfield
County
Hartford
State
Connecticut
Latitude
41.8077
Longitude
-72.7123
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,878
$193,340
$229,880
$423,220
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