219 Industrial Ln Torrington, CT 06790
- Manufacturing properties
- 27,200 SF
- 4.85 lot acres
Current Use by Public Records
- LARC Inc Administration / Social Services Organization
Property Details for 219 Industrial Ln
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 4.85 lot acres
- Property size
- 27,200 SF
- Zone code
- IP
- Property type
- Manufacturing properties
- APN
- TORR M:253 B:004 L:003
- APU
- TORRM253B004L003
Description
This exceptional 27,200-square-foot warehouse, located at 219 Industrial Lane in Torrington, Connecticut, presents a compelling investment opportunity. Built in 1984, this single-story industrial property sits on a generous 4.85-acre lot and is zoned for industrial use. The warehouse boasts impressive ceiling heights ranging from 10 to 15 feet, providing ample vertical space for storage and operations. The property includes a substantial 3,000 square feet of office space, ideal for administrative functions or tenant occupancy. Power is robust, featuring a 3000-amp, 3-phase 120/208-volt electrical service, ensuring sufficient capacity for demanding industrial applications. Ample parking is available on-site, accommodating employees, clients, and deliveries. The property's location in Litchfield County, Connecticut, offers convenient access to major transportation routes, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. The asking price for this well-maintained and strategically located warehouse is $1,495,000. This represents a significant opportunity to acquire a substantial industrial property in a thriving Connecticut market. The property's size, features, and location combine to create a highly desirable asset for a variety of industrial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $765,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,070,000
- 6.5%
- $1,090,000
- 7%
- $1,045,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $885,000
- Geo Method
- $880,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $970,000
- Retail
- $990,000
- Mixed-Use
- $1,145,000
- Hospitality
- $1,135,000
- Educational
- $830,000
- Residential Income
- $865,000
- Energy
- $1,125,000
- Income-Based Land
- $1,080,000
- Food Service
- $860,000
Location Insight
- Map
- Local Demand
- City
- Torrington
- County
- Litchfield
- State
- Connecticut
- Longitude
- -73.072
- Latitude
- 41.8743
- CBSA code
- 45860
- CBSA name
- TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
