291 Terryville Rd Bristol, CT 06010-4013
- Automotive properties
- 1,224 SF
- 0.58 lot acres
Current Use by Public Records
- Automotive properties
Property Details for 291 Terryville Rd
- Year built
- 1955
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.58 lot acres
- Property size
- 1,224 SF
- Zone code
- I
- Property type
- Automotive properties
- APN
- BRIS M:67 L:19A
- APU
- BRISM67L19A
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $210,000
- 6.5%
- $225,000
- 7%
- $195,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $245,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $250,000
- Mixed-Use
- $225,000
- Hospitality
- $225,000
- Educational
- $195,000
- Residential Income
- $190,000
- Energy
- $230,000
- Income-Based Land
- $200,000
- Food Service
- $240,000
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Hartford
- State
- Connecticut
- Longitude
- -72.9756
- Latitude
- 41.6707
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA