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    Property profile & analytics

    172 Lazy Ln Southington, CT 06489-1700

    • Warehouses
    • 24,750 SF
    • 3.68 lot acres
    OFF-MARKET
    Value Estimation
    $670,000
    Location Intelligence
    Property ID
    US15-1028507
    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.

    Current Use by Public Records

    • Vision Driven Logistics and Truck Repair / Mechanic
    • Progressive Development Corporation / Excavating Contractor
    • R.F.Wood Door co. / Garage Door Supplier
    • Sean’s Lawn Care, LLC / Lawn Care Service / Snow Removal Service
    • JZ Excavation LLC / Excavating Contractor

    Property Details for 172 Lazy Ln

    Year built
    2011
    Construction
    STEEL FRAME
    Lot size
    3.68 lot acres
    Property size
    24,750 SF
    Zone code
    I-2
    Property type
    Warehouses
    APN
    SOUT M:145 L:015
    APU
    SOUTM145L015

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $640,000

    • CAP approach

      CAP return
      Estimation
      6%
      $760,000
      6.5%
      $845,000
      7%
      $870,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $795,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $695,000
      Retail
      $885,000
      Mixed-Use
      $745,000
      Hospitality
      $675,000
      Educational
      $655,000
      Residential Income
      $820,000
      Energy
      $875,000
      Income-Based Land
      $705,000
      Food Service
      $815,000

    Location Insight

    • Map
    • Local Demand
    City
    Southington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.88
    Latitude
    41.6199
    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
    $20,335
    $158,000
    $511,790
    $669,790
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $430,000
      8,700 SF

      117 Birch St

      WAREHOUSE, STORAGE • 8,700 SF
      117 Birch St, Southington, CT 06489-1106
      View Details
    • Value Estimation
      $200,000
      4,920 SF

      172 Flanders St

      WAREHOUSE, STORAGE • 4,920 SF
      172 Flanders St, Southington, CT 06489-2096
      View Details
    • Value Estimation
      $215,000
      6,325 SF

      36 Triano Dr

      WAREHOUSE, STORAGE • 6,325 SF
      36 Triano Dr, Southington, CT 06489-1779
      View Details
    • Value Estimation
      $250,000
      3,732 SF

      203 Birch St

      WAREHOUSE, STORAGE • 3,732 SF
      203 Birch St, Southington, CT 06489-1106
      View Details
    • Value Estimation
      $355,000
      13,864 SF

      146 Industrial Dr

      WAREHOUSE, STORAGE • 13,864 SF
      146 Industrial Dr, Southington, CT 06489-1182
      View Details
    • Value Estimation
      $335,000
      9,918 SF

      74 Robert Porter Rd

      WAREHOUSE, STORAGE • 9,918 SF
      74 Robert Porter Rd, Southington, CT 06489
      View Details

    Similar Nearby for Sale

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      32,584 SF building suitable for entertainment or industrial use.
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    Similar Nearby for Lease

    • Contact for pricing
      50,000 SF

      Industrial Warehouse Build To Suit

      Industrial warehouse space for lease with immediate I-84 access.
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      View Details
    • $6 SF/Yr
      275,000 SF

      Industrial Space For Lease

      300,000± SF industrial space with docks and drive-ins.
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      View Details
    • $7 SF/Yr
      68,500 SF

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      33,000 SF high bay warehouse space for lease.
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    • $1,500 /Mo
      203 SF

      Industrial Property with Flexible Spaces

      Industrial property offering spaces from 200 to 14,710 square feet.
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    • Contact for pricing
      11,200 SF

      Southington Flex Space For Rent

      Spacious flex space with customizable interior in Southington, CT.
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      View Details
    • $5,400 /Mo
      9,062 SF

      Southington Office Suites Available

      Prime downtown Southington office space.
      51 Main St, Southington, CT 06489
      View Details
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    Southington, CT 06489-1700
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    Realmo Value Estimation

    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.

    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.

    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
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