Technical
Financial
Distress signals
Property profile

52 Norwood St Torrington, CT 06790

FOR SALE
Warehouses
Property ID
US15-1047166
80,388 SF 3.5 ac lot Built 1889
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 52 Norwood Street in Torrington, Connecticut, presents a significant investment or end-user opportunity. Comprising 80,388 square feet of vacant warehouse and manufacturing space, this property offers substantial potential. The two-story building, constructed in 1889, sits on a 4.61-acre lot and features three loading docks, a 14-foot ceiling height, a wet sprinkler system, LED lighting, and heavy power. The property is zoned for industrial use and provides significant parking. Its convenient location near Routes 4, 8, and 202 offers excellent access to regional transportation networks. The asking price is $1,650,000, translating to $20.53 per square foot. This property is ideal for businesses seeking a large, well-equipped space in a strategic location. The vacant status allows for immediate occupancy and customization to suit specific operational needs. With its substantial size, ample parking, and desirable features, this property represents a compelling opportunity within the Torrington industrial market. The property's history and current configuration make it suitable for a variety of manufacturing and warehousing operations. The substantial lot size also offers potential for future expansion or development.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1889
Construction STEEL FRAME
Total area 80,388 SF
Lot 3.5 ac (152,460 SF)
Zoning code I
APN TORR M:119 B:003 L:002
UPID US15-1047166

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
  • Industrial Manufacturer Production Facility

Location

52 Norwood St Torrington, CT 06790
Torrington metro Census 310200 TORRINGTON, CT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$730k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2017
Price N/A
1987
Price N/A

Zoning & alternative use

I · Torrington, CT
Zoning description

The intent of this zone is to promote industrial 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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