This exceptional 9,128-square-foot industrial building, situated on a 0.58-acre lot in West Hartford, Connecticut's desirable industrial park, presents a unique leasing opportunity. Constructed in 1958, this single-story structure boasts a single tenancy and offers significant advantages for manufacturing businesses. The property features one loading dock and one drive-in bay, ensuring efficient loading and unloading operations. Ample parking is provided with 12 spaces available on-site. The building is zoned IG, reflecting its suitability for industrial uses. Internal features include heavy power capabilities, full air conditioning for a comfortable work environment, and recently remodeled bathrooms. The property's location in Hartford County, at 84 Custer Street, West Hartford, CT 06110, offers convenient access to major transportation routes and other essential amenities. This well-maintained building provides a solid foundation for any manufacturing operation seeking a functional and strategically located space. The property's single-story design and generous lot size offer potential for future expansion or modification to suit specific business needs. This is an excellent opportunity to secure a well-equipped and conveniently located industrial space in a thriving Connecticut market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,367,280
6.5%
$3,108,260
7%
$2,886,240
Comparable approach
Method
Valuation
Relative Method
$1,908,260
Geo Method
$1,908,260
Alternative Use
Use
Valuation
Retail / Commercial
$1,593,900
Mixed-Use / Specialty
$1,588,220
Hospitality / Lodging
$1,165,230
Office
$1,578,780
Institutional / Educational
$1,651,110
Residential Income
$1,931,800
Multifamily
$2,316,890
Automotive / Energy
$1,415,230
Parking / Income-Based Land
$488,380
Restaurant / Food Service
$826,045
Healthcare / Senior Housing
$1,628,690
Location Insight
City
West Hartford
County
Hartford
State
Connecticut
Latitude
41.7242
Longitude
-72.721
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Custer St West Hartford, CT 06110
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Custer St West Hartford, CT 06110
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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