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    99 Citizens Dr Glastonbury, CT 06033

    Sponsored
    For Sale
    $1,200,000

    Prime Glastonbury location, high traffic area, owner-user opportunity.

    Property size:
    12,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 12,000-square-foot commercial building is situated on a 1.5-acre lot in the thriving town of Glastonbury, Connecticut. Its convenient location offers easy access to major highways and the town center, ensuring high visibility and accessibility for businesses. The property is currently configured to accommodate a variety of uses, presenting an ideal opportunity for an owner-occupier seeking a space to establish or expand their operations. A portion of the building, encompassing 3,500 square feet, is also available for lease at a rate of $14 per square foot, providing a potential income stream for the new owner. The existing tenants contribute to a stable and established occupancy level. This versatile property is well-suited for a range of commercial ventures, benefiting from its prime location and the potential for both owner-use and rental income. The ample 1.5-acre lot offers significant potential for future expansion or development, further enhancing the property's long-term value and investment potential. This is a rare opportunity to acquire a substantial commercial property in a highly desirable location, offering a blend of immediate occupancy and income-generating potential. The property's strategic location and flexible layout make it an attractive proposition for discerning investors and business owners alike. Serious inquiries are encouraged.

    Property Features for 99 Citizens Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,000 SF
    Lot Size
    65,340 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Yoga Bee Studio Yoga Studio Decker Marketing Agency Parveen Vohra, Therapist: ... Counselor Sunshine Direct Patient ... Osteopath Adventures In Mind Alternative Medicine Practitioner

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glastonbury
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.58923
    Latitude
    41.71581

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Glastonbury location, high traffic area, owner-user opportunity.
    Where is this commercial real estate located?
    The property is located at 99 Citizens Dr Glastonbury, CT.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (860) 659-1391
    Request Owner's contact information
    99 Citizens Dr Glastonbury, CT 06033
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    Glastonbury, CT 06033
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    99 Citizens Dr Glastonbury, CT 06033
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