9 Eastview DrFarmington, CT 06032

  • Industrial properties
  • 8,340 SF
For Sale
$975,000 View listing

Property Details for 9 Eastview Dr

Year built
1986
Lot size
1.37 AC
Property size (Sq ft)
8,340 SF
Zone code
CR
Property type
Industrial properties
Property subtype
Other industrial properties
APN
FARM M:0036 B:8-05350009
APU
FARMM0036B805350009

Description

This exceptional 8,340 square foot commercial property, located at 9 Eastview Drive in Farmington, CT, presents a unique investment opportunity. Situated on a 1.37-acre lot, the building is currently occupied by Nutmeg TV, a well-established tenant. The property features modern offices and fully equipped production studios, offering a flexible layout adaptable to various commercial uses. The existing tenant, Nutmeg TV, has expressed interest in leasing back all or a portion of the space, providing a potential buyer with immediate and reliable rental income. This presents a compelling opportunity for passive income generation from day one. The building is in excellent condition and requires minimal investment. Adding to its appeal, the seller is offering flexible financing options, including owner financing with negotiable terms, making this property accessible to a wider range of potential buyers. This prime commercial space in the desirable Farmington, CT market offers a blend of immediate income potential and long-term growth prospects. The 1.37-acre lot provides ample space for future expansion or development, should the buyer choose to pursue such options. This is a rare opportunity to acquire a thriving commercial property with significant upside potential. The combination of a strong tenant, flexible financing, and a desirable location makes this an exceptional investment. Serious inquiries are encouraged.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,578,254
    Hospitality
    $1,445,672
    Educational
    $1,202,782
    Medical
    $1,244,148
    Retail
    $1,870,995
9 Eastview Dr, Farmington, Connecticut
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Location Insight

City
Farmington
County
Hartford
State
Connecticut
Latitude
41.7481
Longitude
-72.857
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,749
$124,460
$443,450
$567,910
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-
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