30 Dorset XingSimsbury, CT 06070
- Office properties
- 15,359 SF
Property Details for 30 Dorset Xing
- Year built
- 2012
- Lot size
- 6.49 AC
- Property size (Sq ft)
- 15,359 SF
- Zone code
- PAD
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- SIMS M:I04403013-A B:0 L:0
- APU
- SIMSMI04403013AB0L0
Description
This exceptional 15,000-square-foot medical office building, constructed in 2012, is ideally situated at 30 Dorset Crossing in Simsbury, Connecticut, on Route 202. The property boasts 13,500 square feet of versatile clinical space, encompassing various office suites and a community room, perfectly suited for a range of medical practices. A substantial 4,000-square-foot urgent care suite is included, complete with a dedicated radiology room and lab space featuring multiple blood drawing stations. The 6.49-acre lot offers significant potential, with additional land approved for diverse uses available within the Dorset Crossing development, which also includes The Pointe apartment complex. This prime location benefits from high visibility and accessibility, featuring direct frontage on Route 202 with a signalized entrance, ensuring convenient access for patients and staff. The level land boasts excellent drainage, and all utilities are readily available. The property enjoys a strategic location, just 15 minutes from Bradley International Airport and 25 minutes from downtown Hartford, providing easy access for both local and regional clientele. The seller is open to considering a lease with an option to buy, or a lease at a rate of $17.50 per square foot annually, plus a CAM charge of $9 per square foot annually. With a daily traffic count of approximately 12,000 vehicles, this property presents a compelling investment opportunity in a thriving medical market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,539,302
- 6.5%
- $2,343,970
- 7%
- $2,176,544
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,006,807
- Geo Method
- $2,006,807
-
Alternative Use
- Use
- Valuation
- Residential
- $2,906,524
- Hospitality
- $2,662,360
- Educational
- $2,215,052
- Medical
- $2,291,231
- Retail
- $3,445,637
Location Insight
- City
- Simsbury
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.9082
- Longitude
- -72.7897
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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