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Property profile & analytics

705 Migeon Ave Torrington, CT 06790-4551

  • Gas stations
  • 1,960 SF
  • 0.32 lot acres
OFF-MARKET
Value Estimations
$345,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0266090
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Citizens ATM / Atm
  • Cumberland Farms / Convenience Store / Gas Station

Property Details for 705 Migeon Ave

Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.32 lot acres
Property size
1,960 SF
Zone code
LB
Property type
Gas stations
APN
TORR M:108 B:009 L:034
APU
TORRM108B009L034

Description

This exceptional 1,960 square foot freestanding commercial building, located at 705 Migeon Avenue in Torrington, Connecticut, presents a unique investment opportunity. Previously utilized as a Cumberland Farms gas station and convenience store, this property is now available for a diverse range of retail uses, free from any deed restrictions. The site encompasses 0.32 acres of land, providing ample space for various business operations. All necessary environmental clearances have been obtained following the complete removal of underground storage tanks, ensuring a smooth transition for any prospective buyer. Benefitting from a highly desirable location, the property enjoys excellent visibility and accessibility due to its proximity to major highways, thriving shopping centers, and popular restaurants. The high daily traffic count of approximately 10,500 vehicles ensures significant exposure for any business operating from this address. The asking price is $699,000, and the seller is willing to explore various financing options to facilitate a seamless purchase. The property is being sold in its current "as-is" condition. This presents a rare chance to acquire a well-situated commercial property with significant potential in a bustling area of Torrington.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $345,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $321,000
    Market price range: $313k - $496k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Torrington
County
Litchfield
State
Connecticut
Longitude
-73.1375
Latitude
41.8143
CBSA code
45860
CBSA name
TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$17,916
$158,420
$215,140
$373,560
-
$0.00
$0.00
$0.00
More about this property
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