Technical
Financial
Distress signals
Property profile

75 Spg St Southington, CT 06489

OFF-MARKET
Retail properties & Spaces
Property ID
US15-1044255
109,212 SF 20.15 ac lot Built 2010
Individually Owned 16-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional build-to-suit opportunity presents a 6,000 square foot commercial land parcel ideally situated in Southington, Connecticut, at 75 Spring St, 06489. The property enjoys a highly desirable location directly adjacent to a BJ's Wholesale Club, ensuring significant visibility and access to the substantial foot traffic generated by this established retail anchor. This strategic positioning within a bustling retail hub offers unparalleled potential for businesses seeking a high-traffic location. The build-to-suit nature of this offering allows for complete customization, enabling businesses to design a space perfectly tailored to their specific operational needs and brand identity. This flexibility ensures maximum efficiency and optimal utilization of the space. Southington's vibrant community and convenient access to major highways further enhance the appeal of this property, providing easy access for both customers and supply chain logistics. This is a rare chance to establish a presence in a thriving retail environment with a prominent anchor tenant. The property's location offers exceptional visibility and accessibility, making it an ideal choice for a variety of commercial ventures. This is a unique opportunity to create a successful and impactful business presence in a prime Southington location.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2010
Construction STEEL FRAME
Total area 109,212 SF
Lot 20.15 ac (877,734 SF)
Zoning code B
APN SOUT M:169 L:015
UPID US15-1044255

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
  • Bakery Specialty Food Shop
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • Gas Station
  • Mobile Phone Store Electronics & Wireless Store

Location

75 Spg St Southington, CT 06489-1550
Southington metro Census 430604 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.12M
Blend (final) Blend
$7.45M

Owner & transaction history

since 2010
4 recorded transactions
2022
Price N/A
2010
$1
2010
Price N/A
2005
Price N/A

Zoning & alternative use

B · Southington, CT
Zoning description

The business district is intended to provide suitable areas for business development appropriate to overall community and regional needs, the location and characteristics of the land, and the characteristics of the area

General category COMMERCIAL

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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