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    9 Eastview Dr Farmington, CT 06032

    For Sale
    $945,000

    Versatile Space, Excellent Condition, Owner Financing Available

    Property size:
    8,340 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 8,340 square foot commercial property, located at 9 Eastview Drive in Farmington, CT, presents a unique investment opportunity. Situated on a 1.37-acre lot, the building is currently occupied by Nutmeg TV, a well-established tenant. The property features modern offices and fully equipped production studios, offering a flexible layout adaptable to various commercial uses. The existing tenant, Nutmeg TV, has expressed interest in leasing back all or a portion of the space, providing a potential buyer with immediate and reliable rental income. This presents a compelling opportunity for passive income generation from day one. The building is in excellent condition and requires minimal investment. Adding to its appeal, the seller is offering flexible financing options, including owner financing with negotiable terms, making this property accessible to a wider range of potential buyers. This prime commercial space in the desirable Farmington, CT market offers a blend of immediate income potential and long-term growth prospects. The 1.37-acre lot provides ample space for future expansion or development, should the buyer choose to pursue such options. This is a rare opportunity to acquire a thriving commercial property with significant upside potential. The combination of a strong tenant, flexible financing, and a desirable location makes this an exceptional investment. Serious inquiries are encouraged.

    Property Features for 9 Eastview Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,340 SF
    Lot Size
    59,677 SF

    Building Details

    Year Built
    1986
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nutmeg TV Video Production Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.85717
    Latitude
    41.74837

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Space, Excellent Condition, Owner Financing Available
    Where is this commercial real estate located?
    The property is located at 9 Eastview Dr Farmington, CT.
    What is the asking price?
    The asking price for this property is $945,000.
    (860) 263-2121
    Request Owner's contact information
    9 Eastview Dr Farmington, CT 06032
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    Farmington, CT 06032
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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
    9 Eastview Dr Farmington, CT 06032
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