Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    147 Elm St Enfield, CT 06082
    Back to Search
    Property profile & analytics

    147 Elm St Enfield, CT 06082

    View on Map
    • Investment properties
    • 2,011 SF
    • 15.96 lot acres
    For Lease
    View Listing →
    Retail Pad Sites Available For Lease
    Contact for pricing

    Retail Pad Sites Available

    Ground lease or build-to-suit pad sites available for lease.

    147 Elm St, Enfield, CT 6082
    View Listing
    Property ID
    US15-1240931
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 147 Elm St

    Year built
    1959
    Lot size
    15.96 lot acres
    Property size
    2,011 SF
    Zone code
    BL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    ENFI M:057 L:0114
    APU
    ENFIM057L0114

    Description

    This exceptional 10-acre commercial land parcel in Enfield, Connecticut, presents a unique opportunity for new development. Located at 147 Elm Street (Route 220), this property boasts unparalleled visibility with over 27,000 vehicles passing daily. A planned 4-way stoplight at the intersection of Elm Street and Palomba Avenue will ensure easy access to the new development. The site offers flexible build-to-suit options ranging from 1,575 square feet to 41,757 square feet, catering to a variety of retail, service, medical, or restaurant uses. Situated in Enfield's thriving retail corridor, this location benefits from its proximity to Enfield Square Mall and a concentration of national retailers including The Home Depot, Costco, Kohl's, Target, and Starbucks. The property is in Hartford County, Connecticut, and has a zip code of 06082. This is an ideal location for businesses seeking high visibility and convenient access to a dense customer base. The property is available for ground lease or build-to-suit arrangements. Contact us today to learn more about this exciting development opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Enfield
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.5757
    Latitude
    42.0006
    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
    $76,745
    $1,738,100
    $376,100
    $2,114,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,808 SF

      146 Ss Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4,808 SF
      146 Ss Rd, Enfield, CT 06082-4465
      View Details
    • Value Estimation by Request
      1.18 Acres

      617 Hazard Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1.18 Acres
      617 Hazard Ave, Enfield, CT 06082-4233
      View Details
    • Value Estimation by Request
      0.08 Acres

      65 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.08 Acres
      65 High St, Enfield, CT 06082-3509
      View Details
    • Value Estimation by Request
      2.01 Acres

      463 Taylor Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.01 Acres
      463 Taylor Rd, Enfield, CT 06082-4007
      View Details
    • Value Estimation by Request
      0.52 Acres

      1436 Enfield St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.52 Acres
      1436 Enfield St, Enfield, CT 06082-5545
      View Details
    • Value Estimation by Request
      0.29 Acres

      302 Hazard Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.29 Acres
      302 Hazard Ave, Enfield, CT 06082-4613
      View Details

    Similar Nearby for Sale

    • $575,000

      Versatile Mixed-Use Property Opportunity

      Three-unit mixed-use property with commercial office and residential units.
      329 Hazard Ave, Enfield, CT 06082
      View Details
    • $775,000
      9,718 SF

      Mixed-Use Property with Apartment Building

      4,000 SF commercial building with apartments and storefronts.
      740 Enfield St, Enfield, CT 06082
      View Details
    • $100,000
      1.29 Acres

      Enfield Chinese Restaurant Business

      Established eatery, seller financing available.
      284 Maple St, Enfield, CT 06082
      View Details
    • $775,000
      9,718 SF

      Mixed-Use Property with Apartment Building

      Mixed-use property with apartments, storefronts, and warehouse space for sale.
      740 Enfield St, Enfield, CT 06082
      View Details
    • $575,000

      Versatile Mixed-Use Property in Hazardville

      Three-unit mixed-use property with residential and commercial spaces.
      329 Hazard Ave, Enfield, CT 06082
      View Details
    • $775,000
      9,718 SF

      Enfield Mixed-Use Investment Opportunity

      Mixed-use property with commercial building and apartments for sale.
      740 Enfield St, Enfield, CT 06082
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Enfield Retail Building with Warehouse

      4,000 SF retail building with integrated warehouse space for lease.
      96 Alden Ave, Enfield, CT 06082
      View Details
    • $18 SF/Yr
      2,693 SF

      Customizable Commercial Space on Hazard

      New build-to-suit suites available in Enfield's Scitico district.
      619 Hazard Ave, Enfield, CT 06082
      View Details
    • $13 SF/Yr

      Retail Spaces in Scitico Plaza

      Retail spaces for lease in a busy shopping plaza.
      585 Hazard Ave, Enfield, CT 06082
      View Details
    • $2,000 /Mo
      3,063 SF

      Former Car Wash For Lease

      Self-serve car wash available for lease on busy Hazard Avenue.
      301 Hazard Ave, Enfield, CT 06082
      View Details
    • $1,500 /Mo

      Enfield Shop Space For Rent

      1,700 SF shop with office space, convenient highway access.
      1654 King St, Enfield, CT 06082
      View Details
    • $2,500 /Mo

      Enfield Retail or Office Space

      Flexible retail/office space in Thompsonville area with renovated bathrooms.
      9 N Main St, Enfield, CT 06082
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    147 Elm St
    Enfield, CT 06082
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    147 Elm St, Enfield, CT, 06082
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!