Property profile

200 Executive Blvd Southington, CT 06489

OFF-MARKET
Office buildings
Property ID
US15-0807843
150,972 SF 9.99 ac lot Built 1984
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A office building, located at 200 Executive Boulevard North in Southington, Connecticut (zip code 06489), offers immediate occupancy for two remaining suites. The property, a single four-story building totaling 150,000 square feet, underwent a complete renovation in 2015. Currently, 9,750 square feet of space is available, divisible into units ranging from a minimum of 2,050 square feet to a maximum contiguous space of 7,700 square feet. The building features high ceilings (8'11" to 13'), ample parking (600 spaces, exceeding 4 spaces per 1,000 square feet), and four convenient loading docks. The property sits on a 9.99-acre lot and benefits from excellent visibility and accessibility, with convenient access to I-84 via Exit 31. The building's robust power supply (10,000 amps, 277/480 volt, 3-phase) ensures reliable operation. Built in 1984, this property is zoned I-1 and presents a rare opportunity for businesses seeking modern, well-maintained office space in a desirable location. The available space is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1984
Total area 150,972 SF
Lot 9.99 ac (435,164 SF)
Zoning code I-1
APN SOUT M:131 L:005
UPID US15-0807843

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Bank Loan Service
  • Charitable Organization Social Service Agency
  • Business Management Consultant
  • Accounting Firm

Location

200 Executive Blvd Southington, CT 06489-1042
Southington metro Census 430604 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.54M
Blend (final) Blend
$15.22M

Owner & transaction history

since 2014
3 recorded transactions
2017
Price N/A
2014
Price N/A
2013
Price N/A

Zoning & alternative use

I-1 · Southington, CT
Zoning description

The industrial district is intended to provide suitable areas for industrial development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the a…

General category INDUSTRIAL
Top alternative use upside
Retail stores $17.4M +4.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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