86 Hopmeadow StSimsbury, CT 06089
- Office properties
- 42,447 SF
Property Details for 86 Hopmeadow St
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.90 AC
- Property size (Sq ft)
- 42,447 SF
- Zone code
- I-1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- SIMS M:E18 B:154 L:3A-B-347300
- APU
- SIMSME18B154L3AB347300
Description
This exceptional Class B office building, located at 86 Hopmeadow Street in Simsbury, Connecticut, offers a variety of flexible office spaces to suit diverse business needs. The property boasts a total of 42,212 square feet spread across three stories, with a minimum divisible space of 1,917 square feet and a maximum contiguous space of 15,064 square feet. This makes it ideal for businesses of all sizes, from small startups to larger established companies. The building is situated within the desirable Tower Business Park, offering a prestigious address and convenient access to major transportation routes. Ample parking is available with 135 spaces provided for tenants and their clients. The property is zoned I-1, providing flexibility for a range of professional office uses. The building is located in Hartford County, Connecticut, with the precise address being 86 Hopmeadow Street, Simsbury, CT 06089. This presents a unique opportunity to secure high-quality office space in a prime Simsbury location. Multiple tenancy options are available, allowing for customization to meet specific business requirements. Inquire today to learn more about the available spaces and lease terms.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $7,017,757
- 6.5%
- $6,477,930
- 7%
- $6,015,220
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,546,125
- Geo Method
- $5,546,125
-
Alternative Use
- Use
- Valuation
- Residential
- $8,032,632
- Hospitality
- $7,357,848
- Educational
- $6,121,644
- Medical
- $6,332,176
- Retail
- $9,522,556
Location Insight
- City
- Weatogue
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.8276
- Longitude
- -72.8253
- 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
FAQs
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