1001 Farmington AveBristol, CT 06010

  • Office properties
  • 11,792 SF
For Lease
$13.88/SF/YR View listing

Property Details for 1001 Farmington Ave

Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.63 AC
Property size (Sq ft)
11,792 SF
Zone code
BG
Property type
Office properties
Property subtype
Office buildings
APN
BRIS M:53 L:142A-2
APU
BRISM53L142A2

Description

This well-maintained, attractive professional office building at 1001 Farmington Ave, Bristol, CT 06010, offers multiple flexible office spaces for lease. Located on a 0.63-acre lot with convenient access via Stafford Avenue, the building totals 11,782 square feet and offers a variety of configurations to suit diverse business needs. The property is zoned BG Business General, allowing for a range of commercial uses. Three spaces are currently available, ranging from a minimum of 400 square feet to a maximum of 1,750 square feet. This presents an excellent opportunity for businesses seeking a modern and efficient workspace. The building provides ample parking with 38 spaces available for tenants and their clients. The building's versatile design caters to various office subtypes, including medical, creative, and traditional office spaces. Its prime location in Bristol, Connecticut, offers easy access to major transportation routes and local amenities. The available space is ready for immediate occupancy, providing a seamless transition for businesses looking to establish or expand their operations. Contact us today to schedule a viewing and explore the possibilities of this exceptional office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,949,570
    6.5%
    $1,799,603
    7%
    $1,671,060
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,540,743
    Geo Method
    $1,540,743
  • Alternative Use

    Use
    Valuation
    Residential
    $2,231,508
    Hospitality
    $2,044,049
    Educational
    $1,700,625
    Medical
    $1,759,112
    Retail
    $2,645,416
1001 Farmington Ave, Bristol, Connecticut

Location Insight

City
Bristol
County
Hartford
State
Connecticut
Latitude
41.6954
Longitude
-72.9105
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
2024
$19,205
$169,820
$433,160
$602,980
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-
-
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