This exceptional investment opportunity presents a portfolio of four industrial buildings totaling 19,432 square feet on a sizable 4.82-acre lot in South Windsor, Connecticut. The property is currently vacant and offered for sale, with a potential for leaseback. The buildings offer a mix of flex/shop space, ideal for various industrial uses. Building 1 boasts 10,260 square feet with 14-foot ceilings and three 14-foot overhead doors, with the potential to add more. Building 2 comprises 3,360 square feet, featuring 14-foot ceilings, one 14-foot overhead door, and one 12-foot overhead door. Building 3 offers 4,300 square feet with 13'6" clear height, extending to 21 feet at the eave, and includes a 10x10 dock door, with the potential for additional doors. A separate 1,512-square-foot office building completes the complex. The property is serviced by a well and septic system, with propane and electric utilities. City water, sewer, and gas are readily available on the main road. The property is zoned I and benefits from a high traffic count of 24,800 ADT on John Fitch Blvd. A rail spur is also present on the property. This versatile property is priced at $1,200,000, offering a compelling return on investment. The asking price per square foot is $61.75.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$39,732,456
Hospitality
$36,394,716
Educational
$30,279,976
Medical
$31,321,350
Retail
$47,102,184
Location Insight
City
South Windsor
County
Hartford
State
Connecticut
Latitude
41.813
Longitude
-72.6074
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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