8 Old Indian TrlMiddlefield, CT 06455

Property Details for 8 Old Indian Trl

Year built

1980

Construction

FRAME

Lot size

1.84 AC

Property size (Sq ft)

4,902 SF

Zone code

IPD2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

MFLD M:21 L:27-4

APU

MFLDM21L274

Description

This exceptional 4,902-square-foot single-story office building, situated at 8 Old Indian Trail in Middlefield, Connecticut, presents a unique leasing opportunity. Built in 1980 and renovated in 2000, this Class B property sits on a generous 1.84-acre lot, offering ample parking and private entrances. The building boasts six individual offices, complemented by a substantial open area ideal for workstations, meetings, training sessions, or seminars. A naturally lit common area adds a unique and inviting atmosphere. Potential basement storage is available. The convenient location near Durham and Middletown provides easy access to major routes. Enjoy breathtaking views of rolling hills, including the Powder Ridge Ski Area. The building's proximity to the owner's construction business ensures prompt attention to tenant needs. This property is well-suited for a variety of office uses, particularly engineering firms or construction-related businesses, but is adaptable to many other office needs. The property's single-tenant occupancy ensures privacy and control. The zip code is 06455.

• CAP approach

  CAP return

  Valuation

  6%

  $1,191,357

  6.5%

  $1,099,714

  7%

  $1,021,163

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,614,048

  Geo Method

  $1,614,048

• Alternative Use

  Use

  Valuation

  Residential

  $927,650

  Hospitality

  $849,723

  Educational

  $706,959

  Medical

  $731,273

  Retail

  $1,099,714

Location Insight

City

Middlefield

County

Middlesex

State

Connecticut

Latitude

41.4948

Longitude

-72.6873

CBSA code

25540

CBSA name

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

Property Tax & Assessments

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