Medical Office Condominium
New
For Sale
$649,900
115 Technology Drive, Trumbull, CT 06611
Commercial For Sale, Trumbull, CT
Property Size3,052 SF
Price / SF$212.94
Days on Market2
Property Features for 115 Technology Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
GPS friendly.
Standard status
Active
Size
3,052 SF
Additional Details
Property Use
Medical Office
Condition
Move-in Ready
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
12666
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Listing Agency:
RE/MAX Right Choice · RE/MAX International
Listed By:
Michael Wright · License #774647
(203) 268-1118
Added: Oct 30
Last Checked: Oct 31 at 1:06AM
MLS# 24218175
Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Units B301 and B303 are joined as a single 3,052-square-foot medical office condominium. The existing layout includes private offices, exam and treatment rooms, administrative areas, a central workspace, rooms with sinks, storage, a kitchenette, and two restrooms. Interior features include wood flooring, custom cabinetry and millwork, large windows, and central air conditioning. The property was built in 2005 and is served by public water and sewer.
Located at 115 Technology Drive in Trumbull, the office is near the Route 25 Expressway and Route 111, with access throughout Fairfield County. The two units are offered together and are not available separately.
Located at 115 Technology Drive in Trumbull, the office is near the Route 25 Expressway and Route 111, with access throughout Fairfield County. The two units are offered together and are not available separately.
Key Highlights
- 3,052 square feet across combined Units B301 and B303
- Medical layout includes private offices, exam and treatment rooms, and rooms with sinks
- Two restrooms, kitchenette, storage, administrative areas, and a central workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,734
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,680
$914.7K
Cap Rate 7%
$653,343
$653.3K
Cap Rate 9%
$508,156
$508.2K
Market Conditions
NOI Build-Up for 3,052 SF
Gross rent
$82.4K $27.00/SF
− Vacancy
−$6.2K −$2.03/SF
EGI
$76.2K $24.98/SF
− OpEx
−$30.5K −$9.99/SF
NOI
$45.7K $14.99/SF
Area
Bridgeport, CT
Vacancy
7.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,680
Cap Rate 7%
$653,343
Cap Rate 9%
$508,156
Alternative Uses
Best Use
Healthcare Medical
$653.3K
$571.7K – $762.2K
NOI $45,734 @ 7.0% cap · market cap 7.04%
Second Best
Office B
$603.2K
$527.8K – $703.7K
NOI $42,224 @ 7.0% cap · market cap 6.50%
Theoretical Best
Office A
$871.1K
$762.2K – $1.02M
NOI $60,977 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06611, CT
36,835
Population
12,468
Households
3
Avg Household Size
43
Median Age
60%
College-Educated
95%
High-School Grad
23.3 sq mi
ZIP Area
1,581
Density / Sq Mi
$163,227
Median Household Income
$75,795
Median Earnings
$2,292
Median Rent
$495,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Millie Phillippe DVM — 165 Monroe Turnpike, Trumbull, CT 06611
- Reid Veterinary Center — 165 Monroe Turnpike, Trumbull, CT 06611
Frequently Asked Questions
What type of property is this?
Medical Office Space - Combined units offer private rooms, work areas, and support spaces for clinical or professional office functions.
Where is this medical office space located?
The property is located at 115 Technology Drive Trumbull, CT.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 3,052 square feet across combined Units B301 and B303; Medical layout includes private offices, exam and treatment rooms, and rooms with sinks; Two restrooms, kitchenette, storage, administrative areas, and a central workspace
