140 Ledyard StHartford, CT 06114

  • Other commercial real estate
  • 8,120 SF
For Sale
$525,500 View listing

Property Details for 140 Ledyard St

Year built
1970
Construction
FRAME
Lot size
0.66 AC
Property size (Sq ft)
8,120 SF
Zone code
ID-1
Property type
Other commercial real estate
Property subtype
Showrooms
APN
HTFD M:274 B:689 L:083
APU
HTFDM274B689L083

Description

This exceptional 8,085-square-foot industrial property, located at 140 Ledyard Street in Hartford, Connecticut, presents a unique investment opportunity. Built in 1970 and zoned ID-1, the single-tenant building offers a versatile layout ideal for a variety of businesses. The space is divided into approximately 3,000 square feet of air-conditioned office space, perfect for administrative functions or client meetings. A substantial 1,700 square feet is dedicated to showroom space, providing ample area for product display and customer interaction. The remaining 5,085 square feet comprises warehouse space, offering significant storage capacity. The property boasts convenient features including truck dock access and drive-in access, ensuring efficient loading and unloading. The warehouse area features a ceiling height of 16 feet, providing ample vertical space for storage and operations. Ample parking is available directly in front of the building. The asking price is $525,500, translating to $65 per square foot. This property is situated in Hartford County, Connecticut, with the full address being 140 Ledyard Street, Hartford, CT 06114.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,973,444
    6.5%
    $1,821,640
    7%
    $1,691,523
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,673,617
    Geo Method
    $2,673,617
  • Alternative Use

    Use
    Valuation
    Residential
    $1,536,622
    Hospitality
    $1,407,537
    Educational
    $1,171,054
    Medical
    $1,211,329
    Retail
    $1,821,640
140 Ledyard St, Hartford, Connecticut

Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7453
Longitude
-72.6695
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
$23,906
$108,430
$238,280
$346,710
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-
-
-

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