Property profile

776 Tolland St East Hartford, CT 06108

OFF-MARKET
Other industrial properties
Property ID
US15-0311098
4,040 SF 0.53 ac lot Built 1932
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property in East Hartford consists of a 4,179-square-foot main commercial building and an additional 1,800-square-foot metal building, for a total building area of 6,229 square feet. Built in 1932, it has been improved through multiple upgrades and restoration efforts. The site is located in a B3 zoning district and includes ADA-compliant exterior bathrooms. The configuration and solid construction support a range of potential business uses, including industrial, warehouse, distribution, and automotive applications, and it can also be adapted for uses such as a restaurant, bar, or clubhouse, with space that could support an outdoor beer garden or patio for event-style activities.

Property profile

Verified
Property type Other industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1932
Construction FRAME
Total area 4,040 SF
Lot 0.53 ac (23,087 SF)
Zoning code B-3
APN EHAR M:48 L:270
UPID US15-0311098

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
  • Production Facility Brewery & Distillery

Location

776 Tolland St East Hartford, CT 06108-2727
East Hartford metro Census 511300 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2020
Last sale
$144,500
4 recorded transactions
2020
$144,500
2000
Price N/A
1993
Price N/A
1992
Price N/A

Zoning & alternative use

B-3 · East Hartford, CT
Zoning description

The various business districts recognize existing development patterns in East Hartford and provide areas for business uses and development appropriate to the characteristics of each 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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