333 Roberts StEast Hartford, CT 06108

Property Details for 333 Roberts St

Year built

1989

Construction

CONCRETE

Lot size

2.21 AC

Property size (Sq ft)

38,382 SF

Zone code

B-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

EHAR M:35 L:34A

APU

EHARM35L34A

Description

This exceptional 1.06-acre commercial pad site, located at 333 Roberts Street in East Hartford, Connecticut (zip code 06108), presents a prime opportunity for retail development. The property is zoned B1 and boasts a highly visible location at a lighted intersection, ensuring maximum exposure to significant traffic volumes. Daily traffic counts average 16,800 and 10,800 vehicles, providing substantial potential for customer reach. The site is designated for single-tenant occupancy, offering a unique opportunity for a business seeking a prominent location with high visibility. Conceptual plans for various retail uses are available, allowing for flexibility in development. This property is ideal for businesses seeking a strategic location in a busy area with strong traffic flow. The property's location in East Hartford, Connecticut offers easy access to major transportation routes and a thriving community. The land is ready for development, providing a streamlined path to establishing a successful retail presence. This is a rare opportunity to secure a highly visible and accessible location in a desirable market. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. Further details regarding zoning regulations and development possibilities are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $9,328,166

  6.5%

  $8,610,615

  7%

  $7,995,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,637,780

  Geo Method

  $12,637,780

• Alternative Use

  Use

  Valuation

  Residential

  $7,263,376

  Hospitality

  $6,653,213

  Educational

  $5,535,395

  Medical

  $5,725,766

  Retail

  $8,610,615

Location Insight

City

East Hartford

County

Hartford

State

Connecticut

Latitude

41.7685

Longitude

-72.6194

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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