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    1027-1035 Farmington Ave Farmington, CT 06032

    Sponsored
    For Lease
    $8 SF/Yr ($12,489 /Mo)

    Farmington, CT: Prime Medical Space Available

    Lot size:
    18,734 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Round Hill Square, located at 1027-1035 Farmington Avenue in Farmington, Connecticut, presents a unique opportunity for medical professionals seeking versatile office space. This four-building complex, situated on a 3.3-acre lot in Hartford County, offers a total of 18,734 square feet of retail and office space, specifically configured for medical practices. The property currently has 2,250 square feet of vacant space available, divisible into units as small as 1,050 square feet, with a maximum contiguous space of 1,200 square feet. Multiple tenancy options are available, catering to practices of various sizes. The property's convenient location in Farmington, CT, zip code 06032, provides excellent accessibility for patients and staff. The building's traditional design offers a professional and welcoming atmosphere. This is an exceptional opportunity to establish or expand a medical practice in a highly desirable location with ample space and convenient amenities. The property is classified as both retail and office, offering flexibility for various medical specialties. Interested parties should inquire about available space and lease terms.

    Property Features for 1027-1035 Farmington Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,734 SF
    Total Rate
    12489.33

    Building Details

    Buildings
    4

    Unit(s) available at that property

    Space
    Available Space 4
    Size
    1,062 SF
    Rate per SF
    $22
    Space
    Available Space 3
    Size
    3,000 SF
    Rate per SF
    $8
    Space
    Available Space 1
    Size
    1,482 SF
    Rate per SF
    $22
    Space
    Available Space 2
    Size
    1,211 SF
    Rate per SF
    $16

    HighLights

    • Four‑building, 18,734 SF commercial center on 3.3 acres in Farmington, CT.
    • 1,050 SF first‑floor retail/office suite available for lease.
    • 1,200 SF first‑floor retail/office suite available for lease.
    • 1,500 SF office space available for lease.
    • 3,000 SF of space available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Farmington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8372293
    Latitude
    41.7340317

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    FAQs

    What type of property is this?
    Individual retail property - Farmington, CT: Prime Medical Space Available
    Where is this individual retail property located?
    The property is located at 1027-1035 Farmington Ave Farmington, CT.
    What is the lease rate?
    The lease rate is $8-$22 SF/Yr.
    What are key features of this property?
    This property features: Four-building, 18,734 SF commercial center on 3.3 acres in Farmington, CT.; 1,050 SF first-floor retail/office suite available for lease.; 1,200 SF first-floor retail/office suite available for lease.
    Request Owner's contact information
    1027-1035 Farmington Ave Farmington, CT 06032
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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
    1027-1035 Farmington Ave Farmington, CT 06032
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