51 Enfield StEnfield, CT 06082

Property Details for 51 Enfield St

Year built

1955

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.35 AC

Property size (Sq ft)

1,305 SF

Zone code

BL

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ENFI M:035 L:0206

APU

ENFIM035L0206

Description

This exceptional warehouse property at 51 Enfield Street, Enfield, CT, presents a compelling investment opportunity. Boasting 1,305 square feet of versatile space, this property sits on a 0.35-acre lot, offering ample room for operations and potential expansion. The building features two convenient 10' x 10' drive-in doors, ensuring efficient loading and unloading. Located in Hartford County, this property enjoys excellent accessibility, situated just 0.1 miles from I-91, Exit 49, providing seamless connectivity to major transportation routes. The asking price for this ready-to-occupy warehouse is $395,000. This property is zoned for retail and industrial use, making it suitable for a variety of businesses. The combination of its strategic location, functional design, and competitive price point makes this warehouse an attractive proposition for discerning investors and business owners seeking a well-positioned asset in a thriving Connecticut market. The property's address is 51 Enfield Street, Enfield, CT 06082.

• CAP approach

  CAP return

  Valuation

  6%

  $317,161

  6.5%

  $292,764

  7%

  $271,852

• Comparable approach

  Method

  Valuation

  Relative Method

  $429,688

  Geo Method

  $429,688

• Alternative Use

  Use

  Valuation

  Residential

  $246,957

  Hospitality

  $226,211

  Educational

  $188,205

  Medical

  $194,678

  Retail

  $292,764

Location Insight

City

Enfield

County

Hartford

State

Connecticut

Latitude

42.0232

Longitude

-72.5848

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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