Property profile

475 Knotter Dr Cheshire, CT 06410

FOR SALE
Showrooms
Property ID
US15-0735142
318,092 SF 72.62 ac lot Built 1986
Individually Owned 3-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 318,092 SF
Lot 72.62 ac (3,163,327 SF)
Zoning code I-2
APN CHES M:17 B:3 L:
UPID US15-0735142

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
  • Warehouse & Storage

Location

475 Knotter Dr Cheshire, CT 06410
Cheshire metro Census 343200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.47M
Blend (final) Blend
$9.79M

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2020
Price N/A
1999
$16.6M
1996
$15.9M
1993
$12.4M
1987
Price N/A

Zoning & alternative use

I-2 · Cheshire, CT
Zoning description

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…

General category INDUSTRIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message