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Property profile & analytics
OFF-MARKET Estimated value $9,100,000
Commercial real estate

1135 Farmington Ave Berlin, CT 06037-5200

61,047 SF 9.12 ac lot
Entity Owned 21-yr Hold Free & Clear
Property ID
US15-0248345
Property summary
AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Stop & Shop supermarket, offering unparalleled visibility and access to thousands of weekly customers. The 475 square foot space boasts a prime, front-of-store location, ensuring maximum customer interaction. This "Store-Within-A-Store" concept provides a range of benefits, including a fixed monthly fee encompassing real estate taxes, property insurance, common area maintenance, and utilities. The space allows for both interior and exterior branding and signage, maximizing exposure. Situated in a thriving trade area with a desirable customer base in Hartford County, Connecticut, this location is ideal for various retail uses. Suitable businesses include financial institutions (banks and credit unions), service businesses (pack & ship, repair services, dry cleaning), health and wellness providers (optical, chiropractors, weight management), insurance agencies, and real estate offices. Prohibited uses include food and beverage services, restaurants, and smoke shops. This is a unique opportunity to establish your business within one of the Northeast's most recognizable grocery store chains. The space is currently vacant and ready for immediate occupancy. The property is a single-tenant retail space within a larger building.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 61,047 SF
Lot 9.12 ac (397,267 SF)
Zoning code CCD-2
APN BERL M:9-4 B:84 L:22
UPID US15-0248345
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • S & S Gas Station Gas Station
  • Gas Station - Stop and Shop Gas Station
  • Stop & Shop Grocery & Convenience Store Food Market
  • Stop & Shop Pharmacy Pharmacy
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.99M
Blend (final) Blend
$9.10M
Owner & transaction history
Legion Square Assoc LLC · 21 yrs held
Legion Square Assoc LLC
since 2005
4 recorded transactions
2006
Price N/A
2005
$860,000
2004
$860,000
1989
Price N/A
Zoning & alternative use
CCD-2 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $10.4M +80.9%
Retail stores $7.0M +21.8%
Office building $6.7M +16.6%
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