Property profile

520 Hartford Tpke Vernon, CT 06066

OFF-MARKET
Super regional malls
Property ID
US15-0250718
7.7 ac lot
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 520 Hartford Turnpike in Vernon, Connecticut, offers a rare opportunity to lease 2,000 square feet of versatile office space. Situated within a larger three-building complex totaling 69,230 square feet, this space is currently built out as an office but is adaptable to medical or light retail uses. The property boasts a convenient location in Tolland County, with easy access to major transportation routes. Built in 1989, the two-story buildings feature 9-foot ceilings and ample parking with 275 spaces available. The lot encompasses 7.7 acres, providing ample room for expansion or outdoor activities. The property is zoned commercial and has a 100-amp power supply. This is a multi-tenant building, offering a vibrant and collaborative work environment. The available space presents a unique chance to establish a presence in a well-maintained and strategically located commercial complex. The 2,000 square foot space is ready for immediate occupancy. Contact us today to schedule a viewing. Zip code: 06066.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Lot 7.7 ac (335,412 SF)
Zoning code COMMER
APN VERN M:19 B:0016 L:0001D
UPID US15-0250718

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
  • Pediatrician Physician
  • Insurance Agency
  • Pediatrician Physician
  • Dental Office
  • Medical Group

Location

520 Hartford Tpke Vernon, CT 06066-5037
Vernon metro Census 530302 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2009
2 recorded transactions
2009
$4.7M
2008
$1

Zoning & alternative use

COMMER · Vernon, CT

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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