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Torrington Land with Conversion Potential
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535 Migeon Ave, Torrington, CT 06790

225,000 sqft Torrington land with conversion possibilities.

Property Size225,000 SF
Price / SF$12.22
Days on Market632

Property Features for 535 Migeon Ave

General Information

Standard status Active
Size 225,000 SF
Property subtype Industrial

Building Details

Buildings 5
Listing Agency: Giglio Commercial Real Estate
Listed By: Dom Giglio · License #CT REB0788299
Source: Crexi
Added: Jan 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:36AM

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 Giglio Commercial Real Estate

Investment Insights

Based on property information with market context.

This property, located in Torrington, CT, offers a substantial land area of 225,000 square feet. The listing indicates a possible residential conversion, suggesting potential for alternative development. The property is suitable for warehouses, industrial purposes, residential land and home lots, and general commercial real estate ventures.

Key Highlights

  • PRICE REDUCTION
  • Possible Residential Conversion

Property Analytics

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Current Use

Big Daddy's Diesels ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop Storage Facility (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby
Under-served
Demand for This Use

Demographics for 06790, CT

35,486
Population
17,109
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
41.5 sq mi
ZIP Area
855
Density / Sq Mi
$69,720
Median Household Income
$40,860
Median Earnings
$1,101
Median Rent
$196,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

  • Main Street Self Storage — 446 Main St, Torrington, CT 06790
  • Ace Marine — 511 Migeon Ave, Torrington, CT 06790

Frequently Asked Questions

What type of property is this?
Warehouse - 225,000 sqft Torrington land with conversion possibilities.
Where is this warehouse located?
The property is located at 535 Migeon Ave Torrington, CT.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: PRICE REDUCTION; Possible Residential Conversion
(203) 755-0030 Call to check price and availability
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