Property profile

178 Newell St Southington, CT 06489

OFF-MARKET
Industrial properties
Property ID
US15-1025766
8,100 SF 2.21 ac lot Built 1990
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1990
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,100 SF
Lot 2.21 ac (96,268 SF)
Zoning code I-1
APN SOUT M:193 L:134
UPID US15-1025766

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor
  • Electrical Service General Contractor

Location

178 Newell St Southington, CT 06489-1123
Southington metro Census 430604 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2013
5 recorded transactions
2013
$475,000
1995
Price N/A
1989
Price N/A
1989
$98,000
1989
Price N/A

Zoning & alternative use

I-1 · Southington, CT
Zoning description

The industrial district is intended to provide suitable areas for industrial development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the a…

General category INDUSTRIAL

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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