Property profile

147 Elm St Enfield, CT 06082

FOR LEASE
Investment properties
Property ID
US15-1240931
2,011 SF 15.96 ac lot Built 1959
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1959
Total area 2,011 SF
Lot 15.96 ac (695,218 SF)
Zoning code BL
APN ENFI M:057 L:0114
UPID US15-1240931

Cap rate & NOI

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

Location

147 Elm St Enfield, CT 06082
Enfield metro Census 480400 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
4 recorded transactions
2021
Price N/A
2018
$1.3M
1998
Price N/A
1987
$237,000

Zoning & alternative use

BL · Enfield, CT
Zoning description

12. Drive-through facilities must be part of a financial institu tion on the same parcel and are only permitted by Special Permit in BL, BG, and BR districts. 13. Governmental Buildings and Facilities must be of design a…

General category COMMERCIAL

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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