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Property profile & analytics
OFF-MARKET
Commercial real estate

892 Farmington Ave Berlin, CT 06037-2217

2.1 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US15-0078489
Property summary
AI-generated overview

This 8,288-square-foot warehouse space is available for lease at 892 Farmington Avenue in Berlin, Connecticut. The property features a single-tenant occupancy, a two-story building constructed in 1999, and a total of 40 parking spaces. The building offers 6,048 square feet on the first floor and 2,240 square feet on the second floor, including one loading dock. Situated on a 2.07-acre lot, the property boasts 250 feet of frontage and two curb cuts. The zoning is CCD-2. The location is highly visible and benefits from its proximity to the new Steele Center development, featuring 76 new apartments. The minimum divisible space is 1,170 square feet, while the maximum contiguous space available is 14,098 square feet. The property is currently entirely vacant. This versatile space is ideal for a variety of retail and warehouse uses. The property offers a unique opportunity to establish a business in a prime location with excellent visibility and ample parking.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.1 ac (91,476 SF)
Zoning code CCD-2
APN BERL M:9-1 B:80 L:3 U:7731
UPID US15-0078489
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
  • Matson Rugs Inc Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Matson Realty LLC · 5 yrs held
Matson Realty LLC
since 2021
6 recorded transactions
2023
Price N/A
2021
Price N/A
2010
Price N/A
1998
Price N/A
1990
Price N/A
1987
Price N/A
Zoning & alternative use
CCD-2 · Berlin, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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