Property profile

217 Fld St Torrington, CT 06790

OFF-MARKET
Warehouses
Property ID
US15-0178285
6,496 SF 2 ac lot Built 1956
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1956
Total area 6,496 SF
Lot 2 ac (87,120 SF)
Zoning code I
APN TORR M:119 B:010 L:007
UPID US15-0178285

Cap rate & NOI

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

Location

217 Fld St Torrington, CT 06790
Torrington metro Census 310200 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Zoning & alternative use

I · Torrington, CT
Zoning description

The intent of this zone is to promote industrial uses.

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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