Property profile

318 Farmington Ave Plainville, CT 06062

OFF-MARKET
Retail space
Property ID
US15-0766817
2,464 SF 0.34 ac lot Built 1946
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,464-square-foot retail building presents a compelling investment opportunity in Plainville, Connecticut. Situated on a 0.34-acre lot at 318 Farmington Avenue, this single-story, 1946-constructed property boasts a highly desirable location on busy Route 10, providing easy access to I-84 and significant visibility. The property is zoned GC and includes a permitted area for a rear addition, offering potential for expansion. Previously used as an automotive repair shop and convenience store, the building is accompanied by a detached 208-square-foot shed, adding to its versatility. Clean environmental reports are available. The asking price is $450,000, translating to $182.63 per square foot. This prime location benefits from proximity to major retailers and amenities, including AMC Plainville, Lowe's, Goodwill, J Timothy's Taverne, Kohl's, and Marshalls, ensuring high foot traffic and strong potential for various retail ventures. This property offers a unique blend of established infrastructure and expansion potential in a thriving commercial area. The property's address is 318 Farmington Avenue, Plainville, CT 06062.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Construction FRAME
Total area 2,464 SF
Lot 0.34 ac (14,810 SF)
Zoning code GC
APN PLAI M:07 B:D L:01
UPID US15-0766817

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
  • General Contractor

Location

318 Farmington Ave Plainville, CT 06062-1321
Plainville metro Census 420602 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2026
5 recorded transactions
2026
$340,000
2016
Price N/A
2016
$130,000
2008
$1
1969
Price N/A

Zoning & alternative use

GC · Plainville, CT
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
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