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    Property profile & analytics

    235 Spg St Southington, CT 06489-1542

    • Manufacturing properties
    • 68,608 SF
    • 21.53 lot acres
    OFF-MARKET
    Value Estimation
    $910,000
    Location Intelligence
    Property ID
    US15-0499852
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Newcomb Spring of Connecticut / Metal Stamping Service / Spring Supplier

    Property Details for 235 Spg St

    Year built
    1964
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    21.53 lot acres
    Property size
    68,608 SF
    Zone code
    I-1
    Property type
    Manufacturing properties
    APN
    SOUT M:168 L:009
    APU
    SOUTM168L009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $845,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,225,000
      6.5%
      $1,160,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,110,000
      Geo Method
      $1,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,225,000
      Retail
      $1,220,000
      Mixed-Use
      $1,150,000
      Hospitality
      $1,115,000
      Educational
      $1,195,000
      Residential Income
      $1,130,000
      Energy
      $975,000
      Income-Based Land
      $1,205,000
      Food Service
      $1,210,000

    Location Insight

    • Map
    • Local Demand
    City
    Southington
    County
    Hartford
    State
    Connecticut
    Longitude
    -72.8833
    Latitude
    41.6323
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $47,077
    $394,070
    $1,156,560
    $1,550,630
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      1516-1552 West St

      Manufacturing properties
      1516-1552 West St, Southington, CT 06489
      View Details
    • Value Estimation
      $1,655,000
      31,622 SF

      85 Robert Porter Rd

      MANUFACTURING (LIGHT) • 31,622 SF
      85 Robert Porter Rd, Southington, CT 06489-1152
      View Details
    • Value Estimation
      $490,000
      29,920 SF

      200 Town Line Rd

      MANUFACTURING (LIGHT) • 29,920 SF
      200 Town Line Rd, Southington, CT 06489-1145
      View Details
    • Value Estimation
      $240,000
      3,556 SF

      342 Carter Ln

      MANUFACTURING (LIGHT) • 3,556 SF
      342 Carter Ln, Southington, CT 06489-3612
      View Details
    • Value Estimation
      $1,045,000
      29,829 SF

      891 Queen St

      MANUFACTURING (LIGHT) • 29,829 SF
      891 Queen St, Southington, CT 06489-1032
      View Details
    • Value Estimation
      $735,000
      33,950 SF

      240 Town Line Rd

      MANUFACTURING (LIGHT) • 33,950 SF
      240 Town Line Rd, Southington, CT 06489-1145
      View Details

    Similar Nearby for Sale

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      Versatile Entertainment Venue/Industrial Conversion

      32,584 SF building suitable for entertainment or industrial use.
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      Southington Commercial Space For Sale

      Mixed-use office, showroom, retail, and warehouse space in Southington.
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      Southington Industrial Flex Space

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    Similar Nearby for Lease

    • $6 SF/Yr
      275,000 SF

      Industrial Space For Lease

      300,000± SF industrial space with docks and drive-ins.
      75 Aircraft Rd, Southington, CT 06489
      View Details
    • Contact for pricing
      50,000 SF

      Industrial Warehouse Build To Suit

      Industrial warehouse space for lease with immediate I-84 access.
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      View Details
    • $7 SF/Yr
      68,500 SF

      Southington High Bay Warehouse Space

      33,000 SF high bay warehouse space for lease.
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      View Details
    • $1,500 /Mo
      203 SF

      Industrial Property with Flexible Spaces

      Industrial property offering spaces from 200 to 14,710 square feet.
      12 Highwood Ave, Southington, CT 06489
      View Details
    • Contact for pricing
      11,200 SF

      Southington Flex Space For Rent

      Spacious flex space with customizable interior in Southington, CT.
      50 Graham Pl, Southington, CT 06489
      View Details
    • Contact for pricing
      6,984 SF

      Executive Blvd Retail Opportunity

      High-visibility retail space available.
      99 Executive Blvd, Southington, CT 06489
      View Details
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    Southington, CT 06489-1542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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