Technical
Financial
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Property profile

405 Sullivan Ave South Windsor, CT 06074

FOR LEASE
Industrial properties
Property ID
US15-0524978
14,000 SF 2.4 ac lot Built 1966
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional offering presents a rare opportunity to lease two contiguous one-acre lots ideally situated at 405 Sullivan Avenue in South Windsor, Connecticut. The property, zoned for industrial use, boasts a total of two acres of land, providing ample space for various industrial applications. Each lot is conveniently fenced, offering enhanced security and the potential for secure storage. The location in Hartford County provides easy access to major transportation arteries, facilitating efficient logistics and distribution. This prime industrial land is perfect for businesses seeking a secure and well-located site for expansion or relocation. The single-tenancy nature of the property ensures exclusive use and control. The property's zoning designation specifically allows for industrial uses, making it suitable for a wide range of businesses. The two-acre parcel offers flexibility in development and layout, accommodating various operational needs. With its convenient location, secure fencing, and ample space, this property represents a compelling investment opportunity for businesses seeking a strategic foothold in the thriving South Windsor industrial market. The property is located in South Windsor, CT, zip code 06074. This is a land lease opportunity.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1966
Construction STEEL FRAME
Total area 14,000 SF
Lot 2.4 ac (104,544 SF)
Zoning code I
APN SWIN M:110 B:4 L:6
UPID US15-0524978

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
  • Sports School Training Center
  • Sports School Training Center
  • Building Supply Industrial Manufacturer
  • Gym & Fitness Center

Location

405 Sullivan Ave South Windsor, CT 06074
South Windsor metro Census 487400 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
$574k
Blend (final) Blend
$495k

Owner & transaction history

since 2022
7 recorded transactions
2022
Price N/A
2005
Price N/A
2004
Price N/A
2002
Price N/A
2000
$495,000
1993
$108,500
1969
Price N/A

Zoning & alternative use

I · South Windsor, CT
Zoning description

For industrial uses, which constitute well-planned, functional, and aesthetically pleasing environments for a prosperous industrial community and which, by design, are compatible with abutting zones and uses

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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