129 WorthingtonBerlin, CT 06037

  • Warehouses
  • 236,666 SF
Off market

Property Details for 129 Worthington

Year built
1981
Construction
STEEL FRAME
Lot size
32.60 AC
Property size (Sq ft)
236,666 SF
Zone code
R-21
Property type
Warehouses
APN
BERL M:10-2 B:127 L:19
APU
BERLM102B127L19

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $87,305,200
    6.5%
    $80,589,400
    7%
    $74,833,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $49,476,400
    Geo Method
    $49,476,400
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $41,325,800
    Mixed-Use / Specialty
    $41,178,500
    Hospitality / Lodging
    $30,211,400
    Office
    $40,933,900
    Institutional / Educational
    $42,809,000
    Residential Income
    $50,086,600
    Multifamily
    $60,071,100
    Automotive / Energy
    $36,693,500
    Parking / Income-Based Land
    $12,662,500
    Restaurant / Food Service
    $21,417,300
    Healthcare / Senior Housing
    $42,227,800

Location Insight

City
Berlin
County
Hartford
State
Connecticut
Latitude
41.6378
Longitude
-72.7295
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
$222,002
$1,297,000
$6,213,200
$7,510,200
-
-
-
-

FAQs

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