295 Murphy RdHartford, CT 06114
- Other commercial real estate
- 24,841 SF
Property Details for 295 Murphy Rd
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 2.36 AC
- Property size (Sq ft)
- 24,841 SF
- Zone code
- ID-1
- Property type
- Other commercial real estate
- Property subtype
- Showrooms
- APN
- HTFD M:316 B:694 L:017
- APU
- HTFDM316B694L017
Description
This exceptional mid-size warehouse, situated on over 2.4 acres, presents a rare opportunity in Hartford, CT. Its strategic location directly off Interstate 91 and CT Route 15 ensures unparalleled accessibility. The building boasts a clear-span interior, offering versatile space for a variety of industrial uses. Loading and unloading is simplified with a full-size loading dock and four convenient drive-in bays. All utilities are readily available on-site. Ample parking is provided, accommodating 80+ cars or a combination of cars and trailers, catering to diverse business needs. This property's combination of prime location, functional design, and substantial parking makes it an ideal choice for businesses seeking efficient and accessible warehouse space in the Hartford area. The single-tenancy nature of the building offers a unique opportunity for a business to establish a strong presence in a high-traffic area. This is a truly exceptional opportunity to acquire a well-positioned industrial property in Hartford County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $6,037,230
- 6.5%
- $5,572,828
- 7%
- $5,174,768
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,179,227
- Geo Method
- $8,179,227
-
Alternative Use
- Use
- Valuation
- Residential
- $4,700,889
- Hospitality
- $4,305,989
- Educational
- $3,582,532
- Medical
- $3,705,741
- Retail
- $5,572,828
Location Insight
- City
- Hartford
- County
- Hartford
- State
- Connecticut
- Latitude
- 41.7384
- Longitude
- -72.6564
- 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
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- Please email our support team at [email protected] and they will add the team member.
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