12 Northwood Dr Bloomfield, CT 06002-1911
- Industrial properties
- 4,020 SF
- 2.08 lot acres
Current Use by Public Records
- SavATree - Tree Service & Lawn Care / Tree Service / Arborist Service
Property Details for 12 Northwood Dr
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.08 lot acres
- Property size
- 4,020 SF
- Zone code
- I-2
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- BLOO M:21 L:67
- APU
- BLOOM21L67
Description
This Bloomfield, Connecticut industrial warehouse, situated on a 2.08-acre lot at 12 Northwood Drive, presents a compelling investment opportunity. The 4,020-square-foot building, constructed in 1984, features 2,760 square feet of industrial space and 1,260 square feet of office space. The property boasts 18-foot clear ceiling heights, providing ample vertical space. Four loading docks (two at 14 feet and two at 16 feet) ensure efficient loading and unloading, complemented by one drive-in door. The building's exterior is masonry construction with a concrete foundation and asphalt shingle roof. The interior features LED and fluorescent lighting, gas heat, and air conditioning in the office area. The property has a 200-amp electrical service, and water and sewer are provided by MDC, with gas and electric services from Eversource. Parking is available at a ratio of 1.8 spaces per 1,000 square feet. The property is zoned I-2 and includes a fenced area for outside storage. The asking price is $695,000, translating to $172.89 per square foot. This property is conveniently located off Route 187, a short distance from Interstate 91, Exit 37. This property is ideal for owner-users or those seeking a redevelopment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $555,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $595,000
- 6.5%
- $625,000
- 7%
- $635,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $660,000
- Geo Method
- $645,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $655,000
- Retail
- $565,000
- Mixed-Use
- $575,000
- Hospitality
- $575,000
- Educational
- $650,000
- Residential Income
- $690,000
- Energy
- $555,000
- Income-Based Land
- $550,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Bloomfield
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.7034
- Latitude
- 41.85
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
