Technical
Financial
Distress signals
Property profile

313 Spg St Southington, CT 06489

OFF-MARKET
Industrial land
Property ID
US15-1150783
3.38 ac lot
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3.38-acre parcel located at 313 Spring Street in Southington, Connecticut, presents a remarkable development opportunity. Situated in Hartford County, this property boasts approximately 385 feet of frontage on Spring Street, offering excellent visibility and accessibility. The land is zoned I-1, permitting a wide range of uses, including manufacturing, warehousing, research laboratories, business and professional offices, and more. Specifically permitted uses encompass manufacturing, processing, or assembly of goods

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.38 ac (147,233 SF)
Zoning code I-1
APN SOUT M:168 L:007
UPID US15-1150783

Cap rate & NOI

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

Location

313 Spg St Southington, CT 06489-1516
Southington metro Census 430604 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Zoning & alternative use

I-1 · Southington, CT
Zoning description

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

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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