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

    855 Farmington Ave Farmington, CT 06032

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr ($4,052 /Mo)

    2,400 SF office space with conference rooms and parking.

    Property size:
    2,400 SF
    Lot size:
    0.37 Acres

    Property Features for 855 Farmington Ave

    General Information

    Size
    2,400 SF
    Lot size
    0.37 Acres

    We can help!

    Listing Contact
    Mike Hacku
    Source: Moodyscre

    Listing Agency: Atlantic National Real Estate Listing Agent: Mike Hacku

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

    Learn more

    Overview

    Professional Office Space Available

    This 2,400 square foot professional office space is located in Farmington, CT. The property is situated across from Starbucks. The layout includes two conference rooms, seven private offices, and an open work station area that accommodates up to 8 people. It also features a fully-equipped kitchen and private restrooms. Over 10 parking spaces are available for employees and visitors. This office space is suitable for businesses scaling up, relocating, or starting out.
    Location Intelligence

    Current Use by Public Records

    Odalys Bekanich & HBO ... Real Estate Agency Art Rose, Realtor-Broker ... Real Estate Agent Jared Dziekan Real Estate Agent Farmington Valley Realtor ... Real Estate Agent Tammy Powling, Farmington ... Real Estate Agent

    Suggested Use

    Restaurant Realty agency 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
    -72.8279644
    Latitude
    41.727904

    Nearby Similar for Lease

    • $15 SF/Yr
      34,000 SF

      Farmington Commercial Space For Lease

      Flexible commercial space available in Farmington, CT.
      613 New Britain Ave, Farmington, CT 06032
      View Details
    • $3,062 /Mo
      1,490 SF

      Retail Opportunity in Farmington Center

      Free-standing retail space in historic Farmington with high visibility.
      769 Farmington 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
    • 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
    • $16 SF/Yr
      19,776 SF

      Farmington Retail Center

      Prime Retail Space Available in CT
      353 Scott Swamp Rd, Farmington, CT 06032
      View Details

    FAQs

    What type of property is this?
    Office space - 2,400 SF office space with conference rooms and parking.
    Where is this office space located?
    The property is located at 855 Farmington Ave Farmington, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Prime location directly across from Starbucks, offering convenience and high visibility.; - 2,400 square feet of professional office space suitable for various business needs.; - Seven private offices providing focused work environments.
    (617) 935-5288
    Request Owner's contact information
    855 Farmington Ave 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.
    855 Farmington Ave
    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
    855 Farmington Ave 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
    Mike Hacku
    (617) 935-5288
    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.