Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10 Talcott Notch Rd Farmington, CT 06032

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office building in Farmington Avenue Corridor, near UConn Health.

    Property size:
    2,417 SF
    Lot size:
    7.01 Acres

    Property Features for 10 Talcott Notch Rd

    General Information

    Size
    2,417 SF
    Lot size
    7.01 Acres

    We can help!

    Listing Contact
    Bruce Simons
    Bruce Simons
    Source: Moodyscre

    Listing Agent: Bruce Simons

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

    Learn more

    Property Insight Report

    Overview

    Attractive Office Building For Lease

    The property at 10 Talcott Notch is an office building situated in the Farmington Avenue Corridor. It offers ample parking and professional property management. The location provides convenient and uncongested highway access to both I-84 and Route 9. It is located near the University of Connecticut Health Center. The tenant roster includes established professional services firms as well as affiliates of the University of Connecticut Health Center and the University of Connecticut Foundation. The available space is 2417 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Johnson Debra J Medical Clinic Nulsen John C ... Doctor Millicent T. Flynn, ... Nurse Practitioner Lee Maurice P ... Psychiatrist Mario Fahed Psychiatrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7938394
    Latitude
    41.7400322

    Nearby Similar for Lease

    • $3,063 /Mo
      1,490 SF

      Retail Opportunity in Farmington Center

      Free-standing retail space in historic Farmington, many potential uses.
      769 Farmington Ave, Farmington, CT 06032
      View Details
    • $15 SF/Yr
      34,000 SF

      Farmington Commercial Space Available

      Flexible commercial space suitable for office, medical, flex, and industrial uses.
      613 New Britain Ave, Farmington, CT 06032
      View Details
    • $2,050 /Mo

      Updated Townhouse-Style Unit For Rent

      Updated townhouse-style unit with backyard, garage, and included utilities.
      1730 Farmington Ave, Farmington, CT 06085
      View Details
    • $18 SF/Yr
      939 SF

      Versatile Office Suite For Rent

      939 sq ft office suite suitable for various businesses.
      2 Forest Park Dr, Farmington, CT 06032
      View Details
    • $20 SF/Yr
      2,400 SF

      Professional Office Space Available

      2,400 SF office space with conference rooms and parking.
      855 Farmington Ave, Farmington, CT 06032
      View Details
    • Contact for pricing
      8,212 SF

      Class A Office Building

      Class A office building in park-like setting near I-84.
      76 Batterson Park Rd, Farmington, CT 06032
      View Details
    • $2,300 /Mo
      1,254 SF

      Versatile Commercial Space For Rent

      Commercial space near Miss Porter's School with Farmington River views.
      128 Garden St, Farmington, CT 06032
      View Details
    • $21 SF/Yr
      3,086 SF

      Versatile Office Space Near River

      Adaptable office space with shared amenities and convenient location.
      128 Garden St, Farmington, CT 06032
      View Details
    • $21 SF/Yr
      3,086 SF

      Versatile Office Space For Rent

      Adaptable office space near Miss Porter's School with utilities included.
      128 Garden St, Farmington, CT 06032
      View Details
    • $9 SF/Yr
      6,249 SF

      Farmington Ave Office Space

      Flexible workspace solutions in CT.
      1053 Farmington Ave, Farmington, CT 06032
      View Details
    • $8 SF/Yr
      18,734 SF

      Round Hill Square Medical Offices

      Farmington, CT: Prime Medical Space Available
      1027-1035 Farmington Ave, Farmington, CT 06032
      View Details
    • Contact for pricing
      8,471 SF

      Farmington Office Space Available

      Class A office space in Farmington, Connecticut, near I-84.
      1 Farm Glen Blvd, Farmington, CT 06032
      View Details

    FAQs

    What type of property is this?
    Office building - Office building in Farmington Avenue Corridor, near UConn Health.
    Where is this office building located?
    The property is located at 10 Talcott Notch Rd Farmington, CT.
    What are key features of this property?
    This property features: - Convenient highway access to I-84 and Route 9.; - Located in the heart of the Farmington Avenue Corridor.; - Near the University of Connecticut Health Center.
    (860) 313-5400
    Request Owner's contact information
    10 Talcott Notch Rd Farmington, CT 06032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10 Talcott Notch Rd
    Farmington, CT 06032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    10 Talcott Notch Rd Farmington, CT 06032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bruce Simons
    Bruce Simons
    (860) 313-5400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.