420 John Fitch BlvdSouth Windsor, CT 06074

  • Other commercial real estate
  • 4.82 AC
For Sale
$1,200,000 View listing

Property Details for 420 John Fitch Blvd

Lot size
4.82 AC
Zone code
I
Property type
Other commercial real estate
APN
SWIN M:22 B:5
APU
SWINM22B5

Description

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
420 John Fitch Blvd, South Windsor, Connecticut

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,263
$256,700
$384,900
$641,600
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-
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