357 Hartford Tpke Vernon, CT 06066-4838
Property profile & analytics
357 Hartford Tpke Vernon, CT 06066-4838
- Medical Office Space
- 9,048 SF
- 1.15 lot acres
Property ID
US15-0267713
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Martin Elizabeth MD / Pediatrician / Medical Clinic
- Dr. Jerome E. Lahman, MD / Pediatrician / Medical Clinic
- Judy Huang-Bulger, MD, FAAP / Pediatrician / Medical Clinic
- Amy Davidson Rapaport, MD, FAAP / Pediatrician / Medical Clinic
- CHANDRANNI QUINONES / Physician
Property Details for 357 Hartford Tpke
- Year built
- 1984
- Construction
- STEEL FRAME
- Lot size
- 1.15 lot acres
- Property size
- 9,048 SF
- Zone code
- COMMER
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- VERN M:11 B:0015 L:00012
- APU
- VERNM11B0015L00012
Description
This 9,150 sq ft medical office building in Vernon, CT, offers a compelling investment opportunity with a strong 8.52% cap rate and a 100% occupancy rate. The property features two credit-rated tenants, Starling Physicians and Integrated Dermatology Group, both under long-term net leases with annual rent bumps. Built in 1984, the single-building property sits on a 1.15-acre lot with 25 parking spaces and boasts a prime location on Hartford Turnpike, providing excellent visibility and accessibility to I-84. The current leases have a weighted average lease term of 4.9 years, with options for two additional five-year renewals. The property's strong tenant base, favorable lease terms, and strategic location make it an attractive investment for discerning buyers. The Net Operating Income (NOI) is $115,013, and the asking price is $1,350,000. The property is zoned commercial and has undergone consistent maintenance since its construction.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,145,000
- ML approach
- $1,200,000
-
Alternative Use
- Use
- Estimation
- RESTAURANT
- $1,115,000
- OFFICE BUILDING
- $910,000
- COMMERCIAL (GENERAL)
- $805,000
- AUTO REPAIR, GARAGE
- $780,000
- RETAIL STORES
- $765,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Vernon
- County
- Tolland
- State
- Connecticut
- Longitude
- -72.4875
- Latitude
- 41.8281
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,929
$161,000
$705,410
$866,410
-
$0.00
$0.00
$0.00
