Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    30 Market St Avon, CT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available in Avon Town Center on Route 44.

    Type:RETAIL
    Property size:
    1,494 SF
    Lot size:
    13.75 Acres
    Added:
    Apr 24, 2023
    Days on Market:
    1109
    Last Refresh:
    Apr 5 at 11:27 pm

    Property Features for 30 Market St

    General Information

    Standard status
    Active
    Size
    1,494 SF
    Lot size
    13.75 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 30 Market St Contact us

    We can help!

    Listing Contact
    Joe Pierik

    Listing agent Joe Pierik

    Listing office Carpionato Group

    Listing date Apr 24, 2023

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Carpionato Group

    Overview

    Retail Space in Avon Center

    The available retail space is located in Avon Town Center, prominently positioned on Route 44, which serves as the gateway to the Farmington Valley. This area is known for its prosperous and highly educated demographic. The property is part of a community that blends local artists at the Farmington Valley Arts Center with boutique Main Street retail. The Farmington Valley Greenway and Nod Brook meander throughout the acreage. The property offers 1494 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Avon
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8634
    Latitude
    41.7918

    Nearby Similar for Lease

    • $22 SF/Yr

      Avon Office Space on Route 44

      High-visibility office space available in Avon, Route 44 location.
      300 West Main Street, Avon, CT, 06001
      View Details
    • $17 SF/Yr

      Avon Office/Warehouse Space Available

      48,000 SF available in Avon, CT in October 2025.
      50 Tower Lane, Avon, CT, 06001
      View Details
    • $25 SF/Yr

      Versatile Commercial Space on Route 44

      7,336 SF commercial space in a high-traffic Avon location.
      24 West Main Street, Avon, CT 06001
      View Details
    • $20 SF/Yr

      Medical Office Space in Avon

      Medical office space for lease in Avon, Connecticut.
      35 Nod Road, Avon, CT, 06001
      View Details
    • $3,000/Mo

      Avon Office Space For Lease

      First-class office building in Avon, CT, with easy access.
      46 W Avon Road, Avon, CT 06001
      View Details
    • $20 SF/Yr

      Retail Space in Farmington Valley

      4,000 SF retail space in a major trade area.
      395 West Main Street, Avon, CT, 06001
      View Details
    • $4,775/Mo

      Avon Commercial/Light Industrial Space

      7,500 sq. ft. commercial/light industrial space for rent.
      19 Sandscreen Road #Left Side, Avon, CT 06001
      View Details
    • Contact for pricing

      Avon Retail/Office Space Available

      3,408 SF retail/office space on Route 44 in Avon, CT.
      32 West Main Street, Avon, CT, 06001
      View Details
    • Contact for pricing

      Avon Commercial Space Available

      77,000 SF Avon building with flexible space.
      35 Tower Lane, Avon, CT, 06001
      View Details
    • $400/Mo

      Avon Office Space For Rent

      First floor office space in a convenient Avon location.
      14 West Main Street #1B, Avon, CT 06001
      View Details
    • $22 SF/Yr

      Avon Office/Medical Space For Lease

      2,142 SF office/medical space for lease in Avon, CT.
      49 West Main Street, Avon, CT, 06001
      View Details
    • $400/Mo

      Avon Office Space For Rent

      First floor office space in a prime Avon location.
      14 West Main Street #1B, Avon, CT 06001
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available in Avon Town Center on Route 44.
    Where is this retail space located?
    The property is located at 30 Market St Avon, CT.
    What are key features of this property?
    This property features: Front and center location on Route 44, the gateway to the Farmington Valley.; Positioned in Avon, with a prosperous and highly educated demographic.; Unique community feel.
    (401) 273-6800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Joe Pierik
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    30 Market St, Avon, CT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!