Technical
Financial
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Property profile

99 Webster Sq Rd Berlin, CT 06037

OFF-MARKET
Commercial land
Property ID
US15-0202764
11.6 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 17,928-square-foot retail space, located at 99 Webster Square Road in Berlin, Connecticut, presents a unique leasing opportunity. The property, built in 1987, is a single-tenant building situated on a four-acre lot, offering ample space and visibility. Previously used as a gym/fitness center, the building boasts a convenient drive-in door, prominent on-building signage, and additional pylon signage for maximum brand exposure. The property enjoys a highly desirable location with easy access from Route 9, Exit 22, benefiting from a high traffic count of 76,800 ADT. The two-story building includes over 70 parking spaces, ensuring convenient access for customers and employees. Zoned PS-A, this Hartford County property offers significant potential for a variety of retail or special purpose uses. The expansive lot size provides ample room for expansion or outdoor amenities. This is a rare opportunity to secure a well-located, spacious retail property in a thriving area. The property's features and location make it an ideal choice for businesses seeking high visibility and convenient access for their customers. The building's previous use as a fitness center suggests adaptability to a range of uses. The ample parking ensures customer convenience.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 11.6 ac (505,296 SF)
Zoning code PS-A
APN BERL M:10-3 B:83 L:37 U:7638
UPID US15-0202764

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
  • Gym & Fitness Center
  • Vocational School Training Center

Location

99 Webster Sq Rd Berlin, CT 06037-2326
Berlin metro Census 400101 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2018
1 recorded transaction
2018
Price N/A

Zoning & alternative use

PS-A · Berlin, CT
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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