45 Hartford TpkeVernon, CT 06066

Property Details for 45 Hartford Tpke

Year built

1975

Construction

STEEL FRAME

Lot size

1.10 AC

Property size (Sq ft)

16,346 SF

Zone code

COMMER

Property type

Office properties

Property subtype

Office buildings

APN

VERN M:01 B:0158 L:0003E

APU

VERNM01B0158L0003E

Description

This ±16,346 square foot, two-story office building situated on approximately 1.1 acres in Vernon, Connecticut, presents a compelling leasing opportunity. Located at 45 Hartford Turnpike, the property benefits from a high-traffic retail corridor location and convenient access to Interstate 84 via Interstate 384, ensuring excellent visibility and accessibility. The building, constructed in 1975, offers multiple tenancy options, with a minimum divisible space of 244 square feet and a maximum contiguous space of 365 square feet. This flexibility caters to a range of business needs, from small startups to established companies seeking expansion. The property's traditional office design provides a functional and adaptable workspace. The building's location within Hartford County, Connecticut, and its proximity to major transportation arteries make it an attractive option for businesses seeking a strategic location in a thriving commercial area. The address is 45 Hartford Turnpike, Vernon, CT 06066. Interested parties are encouraged to inquire about available suite sizes and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $2,702,482

  6.5%

  $2,494,599

  7%

  $2,316,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,135,768

  Geo Method

  $2,135,768

• Alternative Use

  Use

  Valuation

  Residential

  $3,093,302

  Hospitality

  $2,833,448

  Educational

  $2,357,396

  Medical

  $2,438,470

  Retail

  $3,667,060

Location Insight

City

Vernon

County

Tolland

State

Connecticut

Latitude

41.818

Longitude

-72.5059

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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