1010 Wethersfield AveHartford, CT 06114

  • Office properties
  • 37,058 SF
For Lease
$17/SF/YR View listing

Property Details for 1010 Wethersfield Ave

Year built
1983
Construction
STEEL FRAME
Lot size
0.59 AC
Property size (Sq ft)
37,058 SF
Zone code
MX-1
Property type
Office properties
Property subtype
Office buildings
APN
HTFD M:278 B:816 L:200
APU
HTFDM278B816L200

Description

This exceptional three-story Class B office building, constructed in 1983, at 1010 Wethersfield Avenue in Hartford, Connecticut, offers a variety of flexible office spaces to suit diverse business needs. The building totals 25,520 square feet and comprises eight individual suites, with a minimum divisible space of 1,840 square feet and a maximum contiguous space of 9,289 square feet. Currently, 11,129 square feet are available for lease. The property is ideally suited for traditional office, executive office, or medical office uses. The building features ample on-site parking with 99 spaces and convenient elevator access. The main level offers three contiguous spaces, providing the option to lease a single unit or combine multiple units to create a larger space tailored to specific business requirements. The landlord is committed to working with tenants to customize the space to meet their individual needs. Its location in Hartford, CT, zip code 06114, provides easy access to major highways, ensuring convenient commuting for employees and clients. This is a fantastic opportunity to secure high-quality office space in a desirable Hartford location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,126,794
    6.5%
    $5,655,502
    7%
    $5,251,538
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,841,998
    Geo Method
    $4,841,998
  • Alternative Use

    Use
    Valuation
    Residential
    $7,012,823
    Hospitality
    $6,423,708
    Educational
    $5,344,450
    Medical
    $5,528,254
    Retail
    $8,313,588
1010 Wethersfield Ave, Hartford, Connecticut
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Location Insight

City
Hartford
County
Hartford
State
Connecticut
Latitude
41.7286
Longitude
-72.6678
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
$104,576
$115,430
$1,401,260
$1,516,690
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