Technical
Financial
Distress signals
Property profile

244 Queen St Southington, CT 06489

OFF-MARKET
Retail space
Property ID
US15-0895087
3,200 SF 0.47 ac lot Built 1987
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

The property is a commercial space located on a major, high-traffic corridor in Southington, with an entrance controlled by a traffic light that provides access for customers and employees. The unit contains approximately 1,100 square feet and is configured for a range of commercial uses, including retail, professional office, barbershop, bakery, healthcare services, or a cafe. Internally, the layout features a reception area, private offices, a kitchenette, and a restroom. The site is positioned for convenient access to major highways and is situated among surrounding retail and service businesses, with Walmart located directly across the street.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction FRAME
Total area 3,200 SF
Lot 0.47 ac (20,473 SF)
Zoning code B
APN SOUT M:145 L:027
UPID US15-0895087

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
  • Take-out & Catering Catering Service
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Insurance Agency

Location

244 Queen St Southington, CT 06489-1938
Southington metro Census 430603 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$410k
Blend (final) Blend
$610k

Owner & transaction history

since 2022
Last sale
$609,375
4 recorded transactions
2022
$609,375
1993
Price N/A
1992
$1.1M
1987
Price N/A

Zoning & alternative use

B · Southington, CT
Zoning description

The business district is intended to provide suitable areas for business development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the area

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 244 Queen St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message