Property profile

447 Naubuc Ave A Glastonbury, CT 06033

OFF-MARKET
Office Spaces
Property ID
US15-1030445
1,420 SF Built 2010
Individually Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,350 square foot commercial condo, located at 447 Naubuc Avenue #109 in Glastonbury, Connecticut, presents a fantastic opportunity for businesses seeking a convenient and accessible location. Built in 2012, this first-floor unit is part of a twelve-unit building and is currently vacant, ready for immediate occupancy. The asking price is $384,900, translating to $285.11 per square foot. Situated in Hartford County, this property boasts a prime location on Naubuc Avenue, offering easy access to major highways, making commuting a breeze. Its strategic position halfway between Boston and New York City, and a short ten-minute drive from Hartford, provides unparalleled connectivity to a large and diverse market. The property's traditional office layout, suitable for executive offices, is ideal for a variety of businesses seeking a professional and efficient workspace. The 06033 zip code ensures a desirable address within a thriving community. This is a rare opportunity to acquire a well-located, move-in ready commercial space in a highly sought-after area.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 2010
Total area 1,420 SF
APN GLAS M:B4 B:4700 L:S0029 U:110
UPID US15-1030445

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
  • Physician
  • Physician
  • Loan Service Bank
  • Loan Service Bank
  • Loan Service Bank

Location

447 Naubuc Ave, Unit A Glastonbury, CT 06033-1068
Glastonbury metro Census 520302 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
Last sale
$350,000
2 recorded transactions
2023
$350,000
2013
$290,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 447 Naubuc Ave, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message