For Sale
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Property summary
An industrial facility constructed in 1986 with approximately 320,000 square feet of total space, including an approximately 38,500 square foot mezzanine and approximately 45,000 square feet of office space. The building has masonry construction and a composite built-up roof, with a 30-foot clear ceiling height, LED lighting, and a wet sprinkler fire protection system. Interior spaces are 100% air-conditioned. The facility includes 37 loading docks sized 9’ x 10’ and two drive-in doors, supported by a 4,000-amp, 277/480-volt, 3-phase electrical system. Site improvements provide 402 automobile parking spaces and 95 trailer spaces on 72.62 acres. The property is zoned I-2 and is positioned for access to Interstates 84 and 91 via Interstate 691 (exit 7).
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Zoning & alternative use
General Industrial I-2 5.3 PERMITTED AND SPECIALLY PERMITTED USES KEY: Y- PERMITTED AS OF RIGHT; Z- PERMITTED VIA APPROVAL OF ADMINSTRATIVE ZONING PERMIT S- PERMITTED VIA APPROVAL OF SITE PLAN; P- PERMITTED VIA APPROVAL…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Cheshire, CTGeneral Industrial I-2 5.3 PERMITTED AND SPECIALLY PERMITTED USES KEY: Y- PERMITTED AS OF RIGHT; Z- PERMITTED VIA APPROVAL OF ADMINSTRATIVE ZONING PERMIT S- PERMITTED VIA APPROVAL OF SITE PLAN; P- PERMITTED VIA APPROVAL…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
General Industrial I-2 5.3 PERMITTED AND SPECIALLY PERMITTED USES KEY: Y- PERMITTED AS OF RIGHT; Z- PERMITTED VIA APPROVAL OF ADMINSTRATIVE ZONING PERMIT S- PERMITTED VIA APPROVAL OF SITE PLAN; P- PERMITTED VIA APPROVAL…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 in Cheshire, CT.
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