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    251 Newfield Ave Hartford, CT 06106

    Sponsored
    For Lease
    $5 SF/Yr ($13,750 /Mo)

    ±30,000 SF Warehouse, Newly Renovated

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional ±30,000 square foot industrial warehouse, situated on approximately two acres of land in West Hartford, Connecticut, presents a unique leasing opportunity. The property, located at 251 Newfield Avenue & 600 Oakwood Avenue, zip code 06106, boasts a single-story design and is zoned I-G. Built in 1960 and extensively renovated in 2024, this warehouse offers modern functionality combined with a prime location. The recent renovation included a complete overhaul of the roof and mechanical systems, ensuring peak efficiency and minimal maintenance costs for the tenant. The property also features a newly paved parking lot, providing ample space for vehicles and equipment. Convenient loading and unloading are facilitated by two loading docks and two drive-in doors, streamlining operations. This property is ideal for businesses requiring significant storage space and easy access to major transportation routes. The single-tenant occupancy ensures privacy and control over the entire facility. Don't miss this chance to secure a state-of-the-art warehouse in a highly desirable West Hartford location. Contact us today to schedule a viewing.

    Property Features for 251 Newfield Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF
    Total Rate
    13750

    Building Details

    Year Built/Renovated
    1960/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    30,000 SF
    Rate per SF
    $5

    HighLights

    • 30,000 SF industrial building.
    • 2‑acre site (1.75 acres at 251 Newfield Ave, 0.33 acres at 600 Oakwood Ave).
    • 2,000 SF of new office space.
    • Two loading docks and two drive‑in doors.
    • 14' clear ceiling height.
    • Fully sprinklered (wet system).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Hartford
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.7153604
    Latitude
    41.7404189

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    FAQs

    What type of property is this?
    Distribution property - ±30,000 SF Warehouse, Newly Renovated
    Where is this distribution property located?
    The property is located at 251 Newfield Ave Hartford, CT.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 30,000 SF industrial building.; 2-acre site (1.75 acres at 251 Newfield Ave, 0.33 acres at 600 Oakwood Ave).; 2,000 SF of new office space.
    Request Owner's contact information
    251 Newfield Ave Hartford, CT 06106
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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
    251 Newfield Ave Hartford, CT 06106
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