593 Farmington AveHartford, CT 06105

  • Office properties
  • 9,500 SF
For Lease
$12/SF/YR View listing

Property Details for 593 Farmington Ave

Year built
1957
Construction
STEEL FRAME
Lot size
0.34 AC
Property size (Sq ft)
9,500 SF
Zone code
MX-1
Property type
Office properties
Property subtype
Office buildings
APN
HTFD M:111 B:375 L:080
APU
HTFDM111B375L080

Description

This exceptional 9,500 square foot office building in Hartford County presents a unique opportunity for a single tenant. Currently, 4,750 square feet are immediately available, offering versatile space ideal for a variety of uses. The building's classification encompasses Medical Office, Creative Office, and Traditional Office spaces, providing flexibility for diverse business needs. The open-concept layout of the vacant space allows for customization to suit specific operational requirements. The property is situated at 593 Farmington Avenue, offering convenient access and visibility. The building's total square footage is 9,500 square feet, suggesting ample room for expansion or future growth within the same location. This single-tenant occupancy ensures privacy and control over the entire space. The property's location in Hartford County provides access to a robust infrastructure and a thriving business community. This is an excellent opportunity to secure a well-located, adaptable office space in a desirable area. The available space is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Interested parties are encouraged to inquire further to explore the potential of this prime commercial real estate offering. The property is categorized as both Office and Special Purpose, highlighting its adaptability and potential for unique uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,570,634
    6.5%
    $1,449,816
    7%
    $1,346,258
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,241,270
    Geo Method
    $1,241,270
  • Alternative Use

    Use
    Valuation
    Residential
    $1,797,772
    Hospitality
    $1,646,749
    Educational
    $1,370,076
    Medical
    $1,417,195
    Retail
    $2,131,229
593 Farmington Ave, Hartford, Connecticut

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7657
Longitude
-72.7125
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
$24,239
$84,770
$266,770
$351,540
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-
-
-

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