122 Prospect Hill RdEast Windsor, CT 06088

  • Retail properties
  • 35,700 SF
For Lease
$16/SF/YR View listing

Property Details for 122 Prospect Hill Rd

Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
4.88 AC
Property size (Sq ft)
35,700 SF
Zone code
M-1
Property type
Retail properties
Property subtype
Retail space
APN
EWIN M:112 B:17 L:1-A-B-C
APU
EWINM112B17L1ABC

Description

This exceptional 1200-square-foot commercial space, located at 122 Prospect Hill Road, Unit #4, in East Windsor, Connecticut, presents a fantastic opportunity for a variety of businesses. Currently zoned B2, this single-tenant space previously housed a chiropractic office and requires minimal modification for similar medical or retail uses. Situated in a vibrant neighborhood plaza, the property boasts excellent visibility from the highway and surrounding streets, ensuring high traffic counts and strong exposure. The plaza features a diverse mix of both national and local tenants, creating a thriving and attractive commercial environment. Ample parking is available for customers and employees. A unique advantage is the availability of a landlord-owned, environmentally friendly solar hook-up for select tenants, offering potential cost savings and sustainability benefits. This property in Hartford County (zip code 06088) is ready for immediate occupancy and offers a compelling combination of location, amenities, and potential. Don't miss this chance to establish your business in a high-traffic, well-established commercial center.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,676,346
    6.5%
    $8,008,935
    7%
    $7,436,868
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,754,696
    Geo Method
    $11,754,696
  • Alternative Use

    Use
    Valuation
    Residential
    $6,755,836
    Hospitality
    $6,188,310
    Educational
    $5,148,601
    Medical
    $5,325,670
    Retail
    $8,008,935
122 Prospect Hill Rd, East Windsor, Connecticut

Location Insight

City
East Windsor
County
Hartford
State
Connecticut
Latitude
41.9292
Longitude
-72.6047
CBSA code
25540
CBSA name
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$54,677
$275,140
$1,229,860
$1,505,000
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-
-
-

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