76 Palomba DrEnfield, CT 06082

Property Details for 76 Palomba Dr

Year built

1985

Construction

FRAME

Lot size

0.84 AC

Property size (Sq ft)

6,000 SF

Zone code

BL

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ENFI M:056 L:0038

APU

ENFIM056L0038

Description

This Enfield, CT property at 76 Palomba Dr offers 800 square feet of immediately available office space on the main level, perfect for a variety of businesses. The space features a large open area measuring approximately 18.5 ft x 19 ft, plus a convenient bathroom. A significant additional +/- 700 square feet of fully sprinklered basement space is also included. Located in a six-unit shopping center, this property benefits from high visibility and convenient access. The building enjoys a prime location directly across the street from a Big Y supermarket, ensuring high foot traffic and excellent exposure. Current tenants include a chiropractor, oral surgeon, and nail salon, creating a diverse and established tenant mix. The total building size is 6,000 square feet. The main level space is offered at a triple net rent of $12 per square foot, resulting in a monthly rent of approximately $1125. This is a single-tenant space within a retail and office building. The property is situated in Enfield, CT, zip code 06082.

• CAP approach

  CAP return

  Valuation

  6%

  $1,458,210

  6.5%

  $1,346,040

  7%

  $1,249,894

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,975,579

  Geo Method

  $1,975,579

• Alternative Use

  Use

  Valuation

  Residential

  $1,135,435

  Hospitality

  $1,040,052

  Educational

  $865,311

  Medical

  $895,070

  Retail

  $1,346,040

Location Insight

City

Enfield

County

Hartford

State

Connecticut

Latitude

41.9909

Longitude

-72.5724

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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