196 Brickyard Rd, Farmington, CT 06032
This unique 1,068-square-foot property in Farmington, Connecticut, presents a compelling investment opportunity. Located at 196 Brickyard Rd, 06032, this single-story, 1930-built structure sits on a lot ranging from 0.43 to 0.91 acres and boasts C1 industrial zoning, allowing for diverse uses. Recently renovated in 2024, the building features a new roof, siding, foundation, windows, and doors. However, interior work including electrical, plumbing, well installation, and insulation is needed. The property is being sold "as is" and must be purchased with 8059 Brickyard Rd, unless otherwise agreed upon. The building's 8-foot ceilings and convenient location adjacent to the Farmington "Rails to Trails" walking/biking path add to its appeal. The property is currently vacant and ready for immediate occupancy, with a potential use as a residential home, office, or showroom. The asking price is $240,000, translating to $224.72 per square foot. This represents a significant opportunity for investors seeking a flexible industrial or commercial space with potential for residential conversion in a desirable Connecticut location. Further details regarding permitted uses should be confirmed with the town hall.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.