Technical
Financial
Distress signals
Property profile

53 Manning Rd Enfield, CT 06082

FOR LEASE
Industrial properties
Property ID
US15-0101977
362,568 SF 14 ac lot Built 1961
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Enfield, Connecticut industrial property offers 40,000 square feet of immediately available warehouse space within a larger 362,568 square foot building situated on 14 acres of land. The space is part of a multi-tenant building constructed in 1961 and extensively renovated in 2022. Features include 26 loading docks with 26 dock-high doors, two drive-in doors, and 166 total parking spaces. The warehouse boasts a 10'6" ceiling height, polished concrete floors, and is fully equipped with 100% heat and sprinkler coverage. One freight elevator and one ADA-compliant restroom are also available. The property benefits from a robust power supply, rated at 2,500 amps, 277/480v, 3-phase, 4-wire. Its strategic location in north-central Connecticut provides easy access to major highways, including I-91 and I-84, facilitating efficient transportation and shipping throughout the Northeast and northern Mid-Atlantic regions. Proximity to Bradley International Airport further enhances its logistical advantages. The property is zoned for industrial use and is ideal for various warehouse and distribution needs. The lease includes utilities and expenses at a rate of $6.00 per square foot.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1961
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 362,568 SF
Lot 14 ac (609,840 SF)
Zoning code I-1
APN ENFI M:034 L:0015
UPID US15-0101977

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
  • Storage Facility
  • Storage Facility Parking Lot & Garage
  • Freight Service Logistics Company

Location

53 Manning Rd Enfield, CT 06082
Enfield metro Census 480500 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN 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
$9.09M
Blend (final) Blend
$8.34M

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2022
Price N/A
2022
Price N/A
2010
$1.5M

Zoning & alternative use

I-1 · Enfield, CT
Zoning description

4/01/06) -The Commission may allow an office trailer in an I-1 zone on industrial land for municipal use only during road reconstruction subject to site plan review. 3.30.11 Trailers - Temporary Living Quarters Where a d…

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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