166 Albany Tpke Canton, CT 06019-2546
- Commercial real estate
- 2.62 lot acres
Current Use by Public Records
- Praxis Martial Arts / Martial Arts School
- Kosha Yoga / Yoga Studio
- Center for Natural Wellness / Kinesiologist / Kinesiotherapist
- Dr. Stephen Karpenko / Chiropractor / Practitioner Service Location
Property Details for 166 Albany Tpke
- Lot size
- 2.62 lot acres
- Zone code
- CVDVD
- Property type
- Commercial real estate
- APN
- CANT M:31 B:101 L:0166
- APU
- CANTM31B101L0166
Description
This five-building, mixed-use center in Canton, Connecticut, totaling 27,500 square feet, offers a variety of office spaces perfect for businesses seeking a vibrant and convenient location. Recently renovated in 2024, the property boasts 14 suites ranging from 750 to 2,840 square feet, with 6,690 square feet currently available. Located at 166 Albany Turnpike, this property benefits from high visibility on Route 44, near the intersection of Dowd Avenue and Route 565, experiencing a daily traffic count of 29,000 vehicles. The center's design provides excellent signage opportunities and a pleasant open-air setting. The available suites are fully built-out and suitable for various uses, including executive, creative, traditional, and medical offices, as well as coworking spaces and retail. The property's two-story buildings offer a diverse range of options to accommodate various business needs and sizes. This prime location in Canton Village provides easy access to major transportation routes and a thriving community. The property is undergoing capital improvements to enhance its appeal and attract new tenants, creating a dynamic and active mixed-use environment. The available spaces present a unique opportunity for businesses to establish a presence in a well-positioned and upgraded commercial center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,020,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,060,000
- 6.5%
- $1,135,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,135,000
- Geo Method
- $1,195,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,050,000
- Retail
- $1,150,000
- Mixed-Use
- $1,075,000
- Hospitality
- $1,020,000
- Educational
- $1,095,000
- Residential Income
- $1,080,000
- Energy
- $1,015,000
- Income-Based Land
- $1,130,000
- Food Service
- $1,160,000
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.8938
- Latitude
- 41.8235
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
