396 Cromwell AveRocky Hill, CT 06067

Property Details for 396 Cromwell Ave

Year built

2007

Construction

FRAME

Lot size

2.23 AC

Property size (Sq ft)

14,935 SF

Zone code

C

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ROCK M:12 L:161

APU

ROCKM12L161

Description

This exceptional Class A retail property, located at 396 Cromwell Avenue in Rocky Hill, Connecticut, offers 14,935 square feet of space in a vibrant shopping center. Built in 2007, the single-story building sits on a 2.23-acre lot and is zoned C, ideal for a variety of retail or restaurant uses. Currently, there is one available space totaling 1,862 square feet, perfect for a quick-service restaurant (QSR) or other retail tenant. The property boasts ample parking and benefits from high daily traffic counts, ensuring excellent visibility and accessibility for businesses. The building's strategic location in Hartford County, Connecticut, provides easy access to a large customer base. This is a multiple-tenancy building, offering a thriving commercial environment. The property's 2007 construction ensures modern amenities and efficient layouts. This is an outstanding opportunity for businesses seeking a high-traffic, well-located retail space in a thriving Connecticut community. The zip code is 06067.

• CAP approach

  CAP return

  Valuation

  6%

  $3,629,726

  6.5%

  $3,350,517

  7%

  $3,111,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,917,546

  Geo Method

  $4,917,546

• Alternative Use

  Use

  Valuation

  Residential

  $2,826,286

  Hospitality

  $2,588,863

  Educational

  $2,153,904

  Medical

  $2,227,980

  Retail

  $3,350,517

Location Insight

City

Rocky Hill

County

Hartford

State

Connecticut

Latitude

41.66

Longitude

-72.6778

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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