1475 Palisado Ave Windsor, CT 06095
- Industrial properties
- 21,890 SF
- 4.00 lot acres
Current Use by Public Records
- DAT4PRO / Software Company
- AIW-Alton Inc / Plastic Fabrication Company
Property Details for 1475 Palisado Ave
- Year built
- 1940
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 4.00 lot acres
- Property size
- 21,890 SF
- Property type
- Industrial properties
- APN
- WSOR M:00060 B:00470 L:00003A
- APU
- WSORM00060B00470L00003A
Description
This exceptional commercial property, located at 1475 Palisado Avenue in Windsor, Connecticut, presents a prime investment opportunity. Boasting a substantial 22,250 square feet of space, this versatile building is ideally suited for a range of businesses. The property includes 7,000 square feet of dedicated refrigeration space, perfect for food storage or processing, and 6,000 square feet of recently updated office space, providing a modern and efficient workspace. Situated on a generous 4-acre lot, the property offers significant potential for expansion or the development of additional structures. The zoning designation allows for the construction of a building up to four stories high, opening up a wide array of possibilities. Its strategic location provides easy access to Interstate 91 and the airport, ensuring excellent connectivity for both employees and clients. The property's functionality is further enhanced by a brand-new septic system installed in the summer of 2022. This turnkey opportunity is being delivered vacant, allowing for immediate occupancy and customization to meet specific business needs. Ideal uses include self-storage facilities, logistics operations, or wholesale distribution centers. Don't miss this chance to acquire a significant commercial property in a thriving location. The asking price is $2,950,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $605,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $710,000
- 7%
- $665,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $635,000
- Geo Method
- $695,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $685,000
- Retail
- $615,000
- Mixed-Use
- $575,000
- Hospitality
- $750,000
- Educational
- $625,000
- Residential Income
- $695,000
- Energy
- $585,000
- Income-Based Land
- $565,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Windsor
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.627
- Latitude
- 41.9018
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
