Technical
Financial
Distress signals
Property profile

240 Chapel Rd South Windsor, CT 06074

FOR SALE
Other industrial properties
Property ID
US15-1017933
4,960 SF 0.7 ac lot Built 1955
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A mixed-use flex commercial property in South Windsor, Connecticut, situated on a corner lot with street frontage and signage potential. The building was modernized in 2022 and includes updates to the parking area and exterior and interior systems, including a replaced roof, windows, mechanicals, and renovated interior spaces. The street-level commercial portion provides a reception and waiting area, four private offices, a kitchenette, two bathrooms, and a warehouse area with an overhead door, supporting a range of service and light commercial/industrial uses. The upper level is configured as a one-bedroom apartment with an open-concept living area, kitchen, dining area, full bathroom, and laundry facilities. The property is approximately 0.7 acres and contains about 5,281 square feet, and it is described as having flexible industrial zoning with convenient access to major highway corridors.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,960 SF
Lot 0.7 ac (30,492 SF)
Zoning code I
APN SWIN M:22 B:9
UPID US15-1017933

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
  • Auto Parts Store
  • Hardware & Home Improvement HVAC Service
  • Auto Parts Store (Bike/Boat/Book/etc) Store

Location

240 Chapel Rd South Windsor, CT 06074
South Windsor metro Census 487400 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$470k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2021
Last sale
$450,000
3 recorded transactions
2021
$450,000
2005
$300,000
1987
$230,000

Zoning & alternative use

I · South Windsor, CT
Zoning description

For industrial uses, which constitute well-planned, functional, and aesthetically pleasing environments for a prosperous industrial community and which, by design, are compatible with abutting zones and 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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