Technical
Financial
Distress signals
Property profile

10 Grassmere Ave West Hartford, CT 06110

OFF-MARKET
Industrial properties
Property ID
US15-0963615
11,288 SF 0.34 ac lot Built 1987
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,500 square foot office space at 10 Grassmere Avenue in West Hartford, Connecticut, is available for immediate lease. Located in Hartford County, zip code 06110, this single-tenant property offers a versatile layout perfect for a variety of businesses. The space features three private offices, ideal for individual work or team collaboration, along with a dedicated break room for employee comfort and convenience. A large open area provides ample space for additional workstations, meeting areas, or creative projects, offering flexibility to adapt to your specific needs. The building benefits from central air conditioning for year-round comfort. Off-street parking is provided for the convenience of staff and clients. Utilities are thoughtfully managed: electricity is included in the monthly rent, while tenants are responsible only for natural gas. This second-floor office space presents a fantastic opportunity to establish or expand your business in a desirable West Hartford location. The property is classified as a Traditional Office, Executive Office, and Creative Office, catering to a wide range of professional settings. Its prime location and comprehensive amenities make it an attractive option for businesses seeking a productive and comfortable workspace. Inquire today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1987
Construction STEEL FRAME
Total area 11,288 SF
Lot 0.34 ac (15,000 SF)
Zoning code IG
APN WHAR M:G13 B:2401 L:10
UPID US15-0963615

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility
  • Foster Care Service Social Service Agency
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Gym & Fitness Center Alternative Medicine Practice
  • Industrial Manufacturer Production Facility

Location

10 Grassmere Ave West Hartford, CT 06110-1246
West Hartford metro Census 496100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$891k
Blend (final) Blend
$805k

Owner & transaction history

since 2022
Last sale
$800,000
3 recorded transactions
2022
$800,000
1998
$548,152
1988
Price N/A

Zoning & alternative use

IG · West Hartford, CT
Zoning description

General Industrial District (IG) and Restricted Industrial District (IR). These districts recognize development patterns prevailing in several sections of the Town's older industrial areas. Mixed residential, commercial…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $1.3M +60.3%
Retail stores $1.1M +44.3%
Auto repair, garage $1.0M +27.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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