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Property profile & analytics
FOR LEASE
Office buildings

86 Hopmeadow St Simsbury, CT 06089

42,447 SF 4.9 ac lot Built 1989
Individually Owned 13-yr Hold Free & Clear
Property ID
US15-1165980
Property summary
AI-generated overview

This exceptional Class B office building, located at 86 Hopmeadow Street in Simsbury, Connecticut, offers a variety of flexible office spaces to suit diverse business needs. The property boasts a total of 42,212 square feet spread across three stories, with a minimum divisible space of 1,917 square feet and a maximum contiguous space of 15,064 square feet. This makes it ideal for businesses of all sizes, from small startups to larger established companies. The building is situated within the desirable Tower Business Park, offering a prestigious address and convenient access to major transportation routes. Ample parking is available with 135 spaces provided for tenants and their clients. The property is zoned I-1, providing flexibility for a range of professional office uses. The building is located in Hartford County, Connecticut, with the precise address being 86 Hopmeadow Street, Simsbury, CT 06089. This presents a unique opportunity to secure high-quality office space in a prime Simsbury location. Multiple tenancy options are available, allowing for customization to meet specific business requirements. Inquire today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1989
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 42,447 SF
Lot 4.9 ac (213,444 SF)
Zoning code I-1
APN SIMS M:E18 B:154 L:3A-B-347300
UPID US15-1165980
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sodexo Property Management Company
  • HealthAbility Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.00M
Blend (final) Blend
$2.94M
Owner & transaction history
Tower Bus Pk 86 Infinity · 13 yrs held
Tower Bus Pk 86 Infinity
since 2013
6 recorded transactions
2013
$1
2013
Price N/A
2008
$1.9M
2002
$5.1M
1995
$3.5M
1990
Price N/A
Zoning & alternative use
I-1 · Weatogue, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $4.9M +4.4%
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More about this property
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