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Property profile & analytics
OFF-MARKET Estimated value $700,000
Showrooms

621 Terryville Ave Bristol, CT 06010-4078

5,778 SF 1.5 ac lot Built 2002
Entity Owned 3-yr Hold Free & Clear
Property ID
US15-0402916
Property summary
AI-generated overview

This exceptional 6,570-square-foot commercial property in Bristol, Connecticut, presents a unique investment opportunity. Located at 621 Terryville Avenue in Hartford County (zip code 06010), this single-tenant building boasts a timeless solid brick exterior and is situated on a high-traffic route. The property features a fully finished lower level, including a spacious apartment with 2-3 bedrooms, a stunning new custom bathroom with a walk-in shower, a separate washroom, and a private entrance. The main commercial space offers 10-11 rooms (originally exam rooms) and 4 offices, with two currently configured as a large conference room. Recent renovations include new flooring and tasteful finishes throughout. Exterior improvements include a brand-new deck with a hard-top gazebo and professionally landscaped grounds. Ample parking is provided with over 30 spaces, and the property offers potential for expansion. Ideal for a variety of uses, including medical clinics, spas, recording studios, or professional offices. This pristine property offers a peaceful setting and significant potential for a discerning buyer. The property is classified as Retail and Office, with a subtype of Executive Office and Commercial.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2002
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,778 SF
Lot 1.5 ac (65,340 SF)
Zoning code R-15
APN BRIS M:67 L:43N
UPID US15-0402916
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
  • Grove Hill Medical Center: Ceplenski Paul J MD Physician
  • Georgia L. Sterpka, APRN Physician
  • Starling Physicians Physician
  • Rausch Kerry MD Physician
  • Ms. Tina Robbins Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$732k
Blend (final) Blend
$700k
Owner & transaction history
621 Terryville Ave LLC · 3 yrs held
621 Terryville Ave LLC
since 2022
Last sale
$650,000
3 recorded transactions
2022
$650,000
2001
Price N/A
2000
$115,000
Zoning & alternative use
R-15 · Bristol, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $990,000 +40.7%
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