Technical
Financial
Distress signals
Property profile

15 Herman Dr Simsbury, CT 06070

OFF-MARKET
Industrial properties
Property ID
US15-0781417
1.2 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional Simsbury, CT investment opportunity presents a fully leased, light industrial property spanning 9,000 square feet across two buildings situated on a 1.2-acre lot. Building 1, a substantial 7,000 square feet, is fully occupied by reliable tenants, offering flexible industrial usage. Building 2, at 2,000 square feet, is also fully leased and ideal for smaller-scale industrial operations or storage. The property boasts ample parking for tenants and customers, a significant advantage in this desirable location. The light industrial zoning allows for a variety of uses, providing flexibility for future growth or adaptation. The current tenants are established and have long-term lease agreements in place, ensuring a consistent and stable income stream. Located in the heart of Simsbury, CT, this property offers convenient access to major roadways, local businesses, and regional markets, making it an attractive proposition for investors seeking a secure return or businesses looking to establish a strong foothold in a thriving community. This turnkey operation requires minimal management and offers immediate cash flow, making it an exceptional addition to any investment portfolio. The property's prime location and strong tenancy make it a rare find in the competitive Connecticut commercial real estate market. Don't miss this chance to acquire a high-performing, fully leased industrial property in a highly sought-after town.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.2 ac (52,272 SF)
Zoning code I-1
APN SIMS M:I02 B:439 L:7
UPID US15-0781417

Cap rate & NOI

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

Location

15 Herman Dr Simsbury, CT 06070-1451
Simsbury metro Census 466201 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Zoning & alternative use

I-1 · Simsbury, CT

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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