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    15 Palomba Dr Enfield, CT 06082

    Sponsored
    For Sale
    $395,000

    Prime Enfield location, 3,129 sq ft.

    Property size:
    1,003 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a 3,129-square-foot medical or executive office condo unit for sale at 15 Palomba Drive in Enfield, Connecticut. Located in a convenient location, less than half a mile from I-91, between routes 220 and 190, this single-story building offers easy access to major transportation arteries. The property boasts a desirable 3.48 parking ratio per 1,000 square feet, ensuring ample parking for staff and clients. Currently leased until April 30, 2026, this presents a strong owner-user opportunity or a compelling investment prospect with a 10.75% cap rate. Built in 1986, the property sits on a 3.3-acre lot and is zoned BR. Condo fees cover essential services including gas heat, trash removal, janitorial services, landscaping, and snow removal, minimizing ongoing maintenance responsibilities. The property features a total of two units within a single building. The net rentable square footage is 3,129 square feet. This property is ideal for medical professionals or businesses seeking a well-maintained, conveniently located office space in a thriving area with high traffic volume (25,800 ADT) and excellent road frontage (292 feet). The property's strong leasehold and attractive cap rate make it a compelling investment opportunity.

    Property Features for 15 Palomba Dr

    General Information

    Property type
    Medical offices
    Square Feet
    1,003 SF
    Class
    C
    Lot Size
    143,748 SF

    Building Details

    Year Built
    1986
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • One available condo unit.
    • Single‑story building.
    • 3.48 parking spaces per 1,000 square feet.
    • 25,800 Average Daily Traffic (ADT).
    • 292 feet of frontage.
    • Business Retail (BR) zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fignar Family Practice ... Family Practice Physician Fignar Family Practice ... Family Practice Physician Columbia Dental Dentist Center for the Healthy Heart Medical Center Dr. Maria Renna, ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Enfield
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.57361701
    Latitude
    41.99706248

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    FAQs

    What type of property is this?
    Medical office - Prime Enfield location, 3,129 sq ft.
    Where is this medical office located?
    The property is located at 15 Palomba Dr Enfield, CT.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: One available condo unit.; Single-story building.; 3.48 parking spaces per 1,000 square feet.
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    15 Palomba Dr Enfield, CT 06082
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    Realmo Value Estimation

    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.

    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.

    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
    15 Palomba Dr Enfield, CT 06082
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