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    716 Prospect St Torrington, CT 06790

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    For Sale
    Contact for pricing

    Five industrial properties with development potential for sale.

    Property size:
    46,141 SF
    Lot size:
    1.77 Acres

    Property Features for 716 Prospect St

    General Information

    Size
    46,141 SF
    Lot size
    1.77 Acres

    Source: Godin Property Brokers Agent Michael Grieder

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

    Overview

    Industrial Portfolio with Development Potential

    This offering comprises a five-property industrial portfolio. The portfolio includes the following properties: 59 Field Street (239,444 square feet), 151 Field Street (25,100 square feet, leased), 217 Field Street (5,520 square feet on 2 acres, leased), 669 Prospect Street (46,141 square feet, leased), and 70 North Street (56,000 square feet with an additional 10 acres available for development).
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Oracle Elevator Co, Main Street Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Torrington
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.1225388
    Latitude
    41.8120063

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    FAQs

    What type of property is this?
    Warehouse - Five industrial properties with development potential for sale.
    Where is this warehouse located?
    The property is located at 716 Prospect St Torrington, CT.
    What are key features of this property?
    This property features: - Five-property industrial portfolio; - Includes 10 acres for development at 70 North Street; - 59 Field Street offers a substantial 239,444 S/F
    (203) 577-2277
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    Torrington, CT 06790
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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
    716 Prospect St Torrington, CT 06790
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