22 Morgan Farms DrSouth Windsor, CT 06074
- Other commercial real estate
- 10,050 SF
Property Details for 22 Morgan Farms Dr
- Year built
- 1988
- Construction
- FRAME
- Lot size
- 2.08 AC
- Property size (Sq ft)
- 10,050 SF
- Zone code
- GC
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- SWIN M:100 B:8 L:2
- APU
- SWINM100B8L2
Description
This exceptional 10,000 square foot office building in South Windsor, CT, offers versatile spaces ideal for various professional uses. Located at 22 Morgan Farms Dr, 06074, this property boasts a prime location on a highly trafficked road, ensuring excellent visibility and accessibility. Currently, two suites are available, one measuring 1,164 square feet and the other 4,200 square feet, with a minimum divisible space of 1,184 square feet. The building features six total suites and ample parking. The property includes convenient amenities such as a handicapped-accessible first floor, a pleasant picnic area for employees, and an attractive covered exterior area for clients. The building is zoned commercial and sits on one acre of land. While medical office space is preferred, the landlord is open to other professional uses, including but not limited to legal, accounting, financial, marketing, or educational facilities. The price is negotiable, contingent upon the size of the leased space and any necessary tenant improvements. Virtual tours are available online. This is a fantastic opportunity to establish your business in a well-maintained and conveniently located building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,442,501
- 6.5%
- $2,254,616
- 7%
- $2,093,572
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,309,095
- Geo Method
- $3,309,095
-
Alternative Use
- Use
- Valuation
- Residential
- $1,901,853
- Hospitality
- $1,742,087
- Educational
- $1,449,396
- Medical
- $1,499,243
- Retail
- $2,254,616
Location Insight
- City
- South Windsor
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.8477
- Longitude
- -72.5655
- 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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- Please email our support team at [email protected] and they will add the team member.
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