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Property profile & analytics
OFF-MARKET Estimated value $1,005,000
Office buildings

449 Silas Deane Hwy Wethersfield, CT 06109-2120

18,756 SF 1.19 ac lot Built 1970
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US15-0078841
Property summary
AI-generated overview

This Wethersfield, CT property at 449 Silas Deane Hwy offers 5,993 square feet of vacant space in a three-story, 18,756 square foot building, built in 1970. The building is zoned O and sits on a 1.19-acre lot. Units range from a minimum of 327 square feet to a maximum contiguous space of 5,666 square feet, perfect for multiple tenants or a single large occupant. Recent renovations include new carpeting, paint, decorative ceiling tiles, and LED lighting throughout. Exterior improvements include a freshly paved parking lot, fresh paint, and professional landscaping. The building boasts high visibility and high daily traffic counts due to its strategic location on Silas Deane Highway. Ground-level space offers convenient accessibility via a ramp. Build-to-suit options are available to accommodate diverse business needs, from traditional offices to medical facilities. This is an exceptional opportunity to secure office space in a newly remodeled building with modern amenities and a desirable location. The property is classified as Retail and Office, with an Executive Office subtype.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,756 SF
Lot 1.19 ac (51,836 SF)
Zoning code O
APN WETH M:208 B:024
UPID US15-0078841
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
  • Nancy Araujo, Weichert Realtors ZubretskyGrp Real Estate Agency
  • Monica Barzola, Premier Properties of CT Real Estate Agency
  • Benny Cabrera Jr. Real Estate Agency
  • Superior Health & Wellness Clinic Medical Clinic
  • Medical Aesthetics Bar Spa & Massage Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$990k
CAP Approach CAP
by Request
Comparable Approach Comparable
$991k
Blend (final) Blend
$1.01M
Owner & transaction history
Adc Holdings Ne LLC · 4 yrs held
Adc Holdings Ne LLC
since 2022
Last sale
$1.0M
7 recorded transactions
2022
$1.0M
2017
Price N/A
2014
Price N/A
2013
$1.7M
2013
Price N/A
2008
Price N/A
2006
Price N/A
Zoning & alternative use
O · Wethersfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $1.6M +16.4%
Commercial (general) $1.6M +16.4%
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