Technical
Financial
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Property profile

291 Terryville Rd Bristol, CT 06010

OFF-MARKET
Automotive properties
Property ID
US15-0633394
1,224 SF 0.58 ac lot Built 1955
Individually Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,224 square foot property, located at 291 Terryville Road in Bristol, Connecticut (zip code 06010), presents a unique opportunity for businesses seeking versatile space. Currently configured as a special purpose building with industrial and commercial applications, this property is offered at an asking price of $400,000. The building features a two-bay garage, ideal for storage or workshop use, complemented by a second-floor office providing administrative space. Situated in the Naugatuck Valley county, this location offers excellent accessibility and visibility. The property is classified as industrial land and is suitable for a variety of manufacturing and commercial enterprises. The absence of individual units makes this a blank canvas for customization, allowing businesses to tailor the space to their specific needs. This is a rare opportunity to acquire a well-positioned property in a thriving Connecticut market. The property's size and layout offer a balance of practical workspace and convenient office amenities, making it an attractive option for a range of businesses. Serious inquiries are encouraged to explore the potential of this versatile property. The property is zoned for commercial and manufacturing uses.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1955
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,224 SF
Lot 0.58 ac (25,265 SF)
Zoning code I
APN BRIS M:67 L:19A
UPID US15-0633394

Cap rate & NOI

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

Location

291 Terryville Rd Bristol, CT 06010-4013
Bristol metro Census 405600 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$195k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$200k

Owner & transaction history

since 2021
Last sale
$165,000
2 recorded transactions
2021
Price N/A
2008
$165,000

Zoning & alternative use

I · Bristol, CT
Zoning description

The I General Industrial Zone is intended to accommodate older industrial uses and heavy commercial operations and is intended to be less restrictive than the Industrial Park zones. 2.1.11 128BIndustrial Park Zones The I…

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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