Property profile

8 Old Indian Trl Middlefield, CT 06455

FOR LEASE
Showrooms
Property ID
US15-0459238
4,902 SF 1.84 ac lot Built 1980
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,902-square-foot single-story office building, situated at 8 Old Indian Trail in Middlefield, Connecticut, presents a unique leasing opportunity. Built in 1980 and renovated in 2000, this Class B property sits on a generous 1.84-acre lot, offering ample parking and private entrances. The building boasts six individual offices, complemented by a substantial open area ideal for workstations, meetings, training sessions, or seminars. A naturally lit common area adds a unique and inviting atmosphere. Potential basement storage is available. The convenient location near Durham and Middletown provides easy access to major routes. Enjoy breathtaking views of rolling hills, including the Powder Ridge Ski Area. The building's proximity to the owner's construction business ensures prompt attention to tenant needs. This property is well-suited for a variety of office uses, particularly engineering firms or construction-related businesses, but is adaptable to many other office needs. The property's single-tenant occupancy ensures privacy and control. The zip code is 06455.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1980
Construction FRAME
Total area 4,902 SF
Lot 1.84 ac (80,150 SF)
Zoning code IPD2
APN MFLD M:21 L:27-4
UPID US15-0459238

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 Old Indian Trl Middlefield, CT 06455
Middlefield metro Census 580100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$450k

Owner & transaction history

since 2024
Last sale
$451,000
3 recorded transactions
2024
Price N/A
2020
$451,000
1995
$310,000

Zoning & alternative use

IPD2 · Middlefield, CT

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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