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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Industrial properties

4 Niblick Rd Enfield, CT 06082

20,375 SF 3.01 ac lot Built 1986
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US15-0422435
Property summary
AI-generated overview

This 5,000-square-foot industrial property in Enfield, Connecticut, offers a flexible workspace ideal for various business needs. Located at 4 Niblick Road, 06082, in Hartford County, this single-tenant Class B building is zoned Industrial 1 and features a blend of warehouse, manufacturing, and distribution space. The property boasts a 16-foot clear height, with ceilings reaching 20 feet, providing ample vertical space. Access is facilitated by one dock-high door and one drive-in door. The space includes a 12x12 garage door, a 120-square-foot office, and a bathroom. Utilities are a significant advantage, with heat and electricity included in the lease. The clear-span layout offers maximum flexibility for layout and operations. The property's strategic location offers easy access to major transportation arteries. It's conveniently situated just three minutes from I-91 and four minutes from Route 5, ensuring efficient commutes and logistics. Furthermore, the property enjoys proximity to retail giants, with Home Depot and Costco located just five minutes away. This combination of functionality, location, and included utilities presents a compelling opportunity for businesses seeking a productive and convenient workspace in Enfield, Connecticut.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 20,375 SF
Lot 3.01 ac (131,116 SF)
Zoning code I-P
APN ENFI M:055 L:0091
UPID US15-0422435
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • AAA BOTTLE REDEMPTION DEPOT Recycling Center
  • Castle Express Moving & Storage LLC Moving Company Storage Facility
  • S & S Furnace Sales Inc HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$955k
Blend (final) Blend
$1.17M
Owner & transaction history
Peerless Rentals LLC · 3 yrs held
Peerless Rentals LLC
since 2023
Last sale
$1.2M
3 recorded transactions
2023
$1.2M
1998
$465,000
1992
Price N/A
Zoning & alternative use
I-P · Enfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.9M +34.0%
Apartment house (5+ units) $1.5M +3.1%
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