Property profile

199 Lazy Ln Southington, CT 06489

OFF-MARKET
Truck terminals
Property ID
US15-0998627
19,400 SF 4.13 ac lot Built 2012
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 2012
Construction STEEL FRAME
Total area 19,400 SF
Lot 4.13 ac (179,903 SF)
Zoning code I-2
APN SOUT M:145 L:047 U:0009
UPID US15-0998627

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
  • Trucking Company

Location

199 Lazy Ln Southington, CT 06489-1764
Southington metro Census 430603 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2021
2 recorded transactions
2021
Price N/A
2011
Price N/A

Zoning & alternative use

I-2 · 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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