1699 King StEnfield, CT 06082
- Other commercial real estate
- 112,395 SF
Property Details for 1699 King St
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 7.06 AC
- Property size (Sq ft)
- 112,395 SF
- Zone code
- I-1
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- ENFI M:014 L:0025
- APU
- ENFIM014L0025
Description
This exceptional Class A office building, located at 1699 King Street in Enfield, Connecticut, presents a unique opportunity for businesses seeking high-quality space at competitive rates. The four-story building, constructed in 1986 and renovated in 2016, boasts a total of 113,515 square feet, with flexible suite sizes ranging from a minimum of 1,315 square feet to a maximum contiguous space of 5,448 square feet. Currently, 9,676 square feet of space is available for lease. The property sits on nine acres of land and is zoned I-1, offering ample parking for tenants. Building amenities include a convenient on-site vending café, covered outdoor seating areas, a fully equipped exercise room, shower and locker room facilities, and high-speed fiber optic connectivity. The professional on-site management team ensures a seamless and efficient tenant experience, complemented by an impressive lobby. Its strategic location along I-91, north of the Dexter Coffin Bridge, provides easy access for businesses and employees commuting from both Hartford and Springfield, Massachusetts. This is an ideal location for companies seeking a modern, well-maintained office space with excellent accessibility and a range of convenient amenities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $27,315,908
- 6.5%
- $25,214,684
- 7%
- $23,413,636
-
Comparable approach
- Method
- Valuation
- Relative Method
- $37,007,536
- Geo Method
- $37,007,536
-
Alternative Use
- Use
- Valuation
- Residential
- $21,269,530
- Hospitality
- $19,482,776
- Educational
- $16,209,440
- Medical
- $16,766,908
- Retail
- $25,214,684
Location Insight
- City
- Enfield
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.9371
- Longitude
- -72.6023
- 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
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].