8 Smt St East Hampton, CT 06424
- Investment properties
- 4,666 SF
- 0.21 lot acres
Current Use by Public Records
- biz medic / Wholesaler
Property Details for 8 Smt St
- Year built
- 1938
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 4,666 SF
- Zone code
- VC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- EHAM M:06A B:61 L:2A
- APU
- EHAMM06AB61L2A
Description
This exceptional East Hampton, CT industrial property, located at 8 Summit Street, zip code 06424, offers 2,378 square feet of adaptable space ideal for a variety of uses. Built in 1938, this single-tenant Class D building boasts a convenient loading dock for efficient goods handling. The 9-foot ceilings provide ample room for equipment or storage, while robust 3-phase power ensures sufficient electrical capacity for demanding operations. Previously used as a machine shop, this versatile space is perfectly suited for contractors, manufacturers, or businesses requiring warehouse or distribution space. Its location in East Hampton, Connecticut offers easy access to key transportation routes and a thriving business community. The property's functional design and robust infrastructure provide a practical and efficient solution for businesses seeking to streamline their operations and expand their reach. This is a unique opportunity to acquire a well-located industrial property with significant potential for growth and profitability. The property's adaptable nature makes it an attractive investment for a wide range of businesses seeking a functional and efficient workspace. Contact us to schedule a viewing and explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $275,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $235,000
- Mixed-Use
- $230,000
- Hospitality
- $285,000
- Educational
- $300,000
- Residential Income
- $300,000
- Energy
- $280,000
- Income-Based Land
- $300,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- East Hampton
- County
- Middlesex
- State
- Connecticut
- Longitude
- -72.5014
- Latitude
- 41.5758
- CBSA code
- 25540
- CBSA name
- HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA