86 Hopmeadow StSimsbury, CT 06089

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 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.

• 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

FAQs

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