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    892-900 Farmington Ave Berlin, CT 06037

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    For Sale
    $2,799,500

    Turn-key retail investment property, 100% leased with long-term tenants.

    Property size:
    21,119 SF
    Lot size:
    1.96 Acres

    Property Features for 892-900 Farmington Ave

    General Information

    Size
    21,119 SF
    Lot size
    1.96 Acres

    Source: O,R&L Commercial, LLC Agent Luke Massirio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fully Leased Retail Investment Property

    This retail property offers a turn-key investment opportunity with new roofs and HVAC systems. The property is 100% leased with long-term NNN tenants, including Cyclone Home Systems, Lava Salon, and Dollar General. The property generates a Net Operating Income (NOI) of $218,100, offering a 7.8% CAP rate. The property features street-level retail space and includes 73 parking spaces, providing a parking ratio of 5 spaces per 1,000 square feet. The property has 294 feet of frontage and two curb cuts. It is accessible via Rt. 9, Rt. 5, and Rt. 372 and is located near many area amenities. The property has a total size of 21,119 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7648219
    Latitude
    41.6336506

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    FAQs

    What type of property is this?
    Shopping center - Turn-key retail investment property, 100% leased with long-term tenants.
    Where is this shopping center located?
    The property is located at 892-900 Farmington Ave Berlin, CT.
    What is the asking price?
    The asking price for this property is $2,799,500.
    What are key features of this property?
    This property features: - 100% Leased with Long-term NNN Leases; - New Roofs & HVAC; - Attractive 7.8% CAP Rate
    (860) 883-6013
    Request Owner's contact information
    892-900 Farmington Ave Berlin, CT 06037
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    Berlin, CT 06037
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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
    892-900 Farmington Ave Berlin, CT 06037
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