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    98 Meadow St Hartford, CT 06114

    Sponsored
    For Sale
    $540,000

    9,000 SF Flex Warehouse, $540K

    Property size:
    9,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This ±9,000 square foot industrial building in Hartford, CT, presents a compelling investment opportunity. Situated on a half-acre lot at 98 Meadow Street, this single-story structure boasts ±1,100 square feet of air-conditioned office space, ideal for administrative functions. The warehouse area features a 12-foot ceiling height and three 8'x8' loading docks, facilitating efficient loading and unloading operations. The property is zoned ID-1 and offers ample parking. Built in 1967, this flex space provides excellent access to major transportation arteries, including I-91, I-84, Route 2, and the Berlin Turnpike, placing it within a half-mile of Airport Road. Its strategic location and functional design make it well-suited for sales, distribution, and various industrial uses. The asking price is $540,000, translating to $60 per square foot. This property offers a blend of warehouse and office space, making it a versatile option for a range of businesses. The 06114 zip code provides access to a robust workforce and established infrastructure. This is a rare opportunity to acquire a well-located, functional industrial property in a thriving Connecticut market.

    Property Features for 98 Meadow St

    General Information

    Property type
    Distribution properties
    Square Feet
    9,000 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1967
    Stories
    1

    HighLights

    • ±9,000 SF industrial building on a half‑acre lot in Hartford, CT.
    • ±1,100 SF of air‑conditioned office space.
    • Three 8'x8' loading docks and 12' ceiling height in the warehouse.
    • ID‑1 zoning with ample parking.
    • Excellent access to I‑91, I‑84, Route 2, Berlin Turnpike, and located within a half‑mile of Airport Road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Linde Welding Gas ... Welding Supply Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -72.6685362
    Latitude
    41.7445544

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    FAQs

    What type of property is this?
    Distribution property - 9,000 SF Flex Warehouse, $540K
    Where is this distribution property located?
    The property is located at 98 Meadow St Hartford, CT.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: ±9,000 SF industrial building on a half-acre lot in Hartford, CT.; ±1,100 SF of air-conditioned office space.; Three 8'x8' loading docks and 12' ceiling height in the warehouse.
    Request Owner's contact information
    98 Meadow St Hartford, CT 06114
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    Hartford, CT 06114
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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
    98 Meadow St Hartford, CT 06114
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