69 Prospect Hill RdEast Windsor, CT 06088

Property Details for 69 Prospect Hill Rd

Year built

1997

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

15.09 AC

Property size (Sq ft)

130,577 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Retail space

APN

EWIN M:102 B:14 L:7B

APU

EWINM102B14L7B

Description

This exceptional 123,000-square-foot industrial property, located at 69 Prospect Hill Road in East Windsor, Connecticut, presents a unique investment opportunity. Built in 1997, the building offers a flexible layout suitable for manufacturing or flex uses, currently entirely vacant and available for immediate occupancy. The property boasts a substantial 14'9" clear ceiling height, providing ample vertical space for various operational needs. With 691 parking spaces, and the potential for expansion, ample parking is readily available for employees and visitors. The building is equipped with robust power infrastructure, including 600 amps, 480/277 volts, 3-phase, 4-wire service. Situated in Hartford County, the property benefits from convenient access to Interstate 91 via exits 44 and 45, providing efficient connectivity to the New York City metro area, Boston, and the broader Southern New England market. The property is being offered as a warm lit shell, allowing for customization to suit a tenant's specific requirements. The possibility of subdividing the space exists, offering flexibility for multiple tenants or expansion plans. This prime location and versatile space make this an ideal choice for businesses seeking a strategic foothold in a thriving Connecticut market. The property's zip code is 06088.

• CAP approach

  CAP return

  Valuation

  6%

  $31,734,770

  6.5%

  $29,293,634

  7%

  $27,201,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $42,994,200

  Geo Method

  $42,994,200

• Alternative Use

  Use

  Valuation

  Residential

  $24,710,276

  Hospitality

  $22,634,480

  Educational

  $18,831,622

  Medical

  $19,479,270

  Retail

  $29,293,634

Location Insight

City

East Windsor

County

Hartford

State

Connecticut

Latitude

41.9239

Longitude

-72.6079

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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