217 Fld St Torrington, CT 06790
- Warehouses
- 6,496 SF
- 2.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 217 Fld St
- Year built
- 1956
- Lot size
- 2.00 lot acres
- Property size
- 6,496 SF
- Zone code
- I
- Property type
- Warehouses
- APN
- TORR M:119 B:010 L:007
- APU
- TORRM119B010L007
Description
This exceptional portfolio comprises five warehouse properties strategically located in Torrington, Connecticut, within Litchfield County, offering a diverse range of sizes and features to suit various business needs. The portfolio includes properties at 217 Field St (5,520 sq ft, built 1956, 12' ceiling height, 1 loading dock, 2 drive-in bays, 2 acres, I zoning), 59 Field St (312,357+ sq ft, built 1916-1965, 10' and 14' ceiling heights, 5.4 acres, Light Industrial zoning, ample parking, significant office space available), 151 Field St (25,100 sq ft, built 1978, 1 loading dock, 2 acres, I zoning), 669 Prospect St (46,141 sq ft, built 1966, 1 loading dock, 1.77 acres, I zoning), and 70 North St (56,000+ sq ft, built 1907, 1 loading dock, 9.39 acres, I zoning). All properties boast ample parking and are situated in a prime industrial area with easy access to major transportation routes. The buildings offer a mix of ceiling heights ranging from 10' to 14', accommodating diverse storage and operational requirements. The total square footage across the portfolio is substantial, providing significant potential for various industrial uses. This is a rare opportunity to acquire a well-established portfolio of industrial properties in a thriving Connecticut market. The properties are zoned I or Light Industrial, offering flexibility for a variety of businesses. Building ages range from 1907 to 1978, reflecting a mix of established and potentially renovated spaces.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $375,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $345,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $380,000
- Retail
- $350,000
- Mixed-Use
- $315,000
- Hospitality
- $335,000
- Educational
- $355,000
- Residential Income
- $350,000
- Energy
- $420,000
- Income-Based Land
- $345,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Torrington
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.125
- Latitude
- 41.8092
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA