103 Elm StEnfield, CT 06082
- Other commercial real estate
- 4,645 SF
Property Details for 103 Elm St
- Year built
- 2015
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.67 AC
- Property size (Sq ft)
- 4,645 SF
- Zone code
- BG
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- ENFI M:043 L:0004
- APU
- ENFIM043L0004
Description
This exceptional 3,007 square foot freestanding retail building is ideally situated in Enfield, Connecticut, offering unparalleled visibility and accessibility. Located at 103 Elm Street, this single-tenant property boasts a prime location directly off I-91, ensuring high traffic volume and excellent exposure. Previously occupied by a Starbucks and Subway, the space is ready for immediate occupancy. The building's convenient location within Enfield Square, alongside established tenants such as Target and Cinemark, guarantees a strong customer base and significant foot traffic. The property is categorized as a restaurant space within the retail sector, offering ample space for a variety of uses. The entire 3,007 square feet is currently vacant, presenting a unique opportunity for a business seeking a high-visibility location in a thriving commercial area. The property is located in Hartford County, Connecticut, with a zip code of 06082. This is an excellent opportunity for a business looking to establish a strong presence in a high-traffic area with established anchor tenants. The property's strategic location and ample square footage make it an attractive investment for a variety of retail concepts.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,128,897
- 6.5%
- $1,042,059
- 7%
- $967,626
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,529,428
- Geo Method
- $1,529,428
-
Alternative Use
- Use
- Valuation
- Residential
- $879,016
- Hospitality
- $805,174
- Educational
- $669,895
- Medical
- $692,934
- Retail
- $1,042,059
Location Insight
- City
- Enfield
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.9984
- Longitude
- -72.5829
- 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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