103 Elm StEnfield, CT 06082

  • Other commercial real estate
  • 4,645 SF
For Lease

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
103 Elm St, Enfield, Connecticut

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

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
$30,173
$281,300
$549,900
$831,200
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-
-
-

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