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    5 Lorenz Industrial Pkwy Ledyard, CT 06339

    For Sale
    $475,000

    Office and garage space with barbershop lease through 2030.

    Property size:
    4,000 SF
    Lot size:
    5.04 Acres

    Property Features for 5 Lorenz Industrial Pkwy

    General Information

    Size
    4,000 SF
    Lot size
    5.04 Acres

    Source: Coldwell Banker Realty - East Lyme/Mystic Agent Robert Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office and Garage Space Available

    This property features a large office and garage space suitable for both small and large businesses. The layout allows for renting out office space to others, while also providing a garage for equipment storage. Alternatively, the entire space can be utilized by a single business. A barbershop has recently renewed its lease, which extends through 2030. The property is located in Ledyard, CT.
    Location Intelligence

    Current Use by Public Records

    Gabe's Barber Shop Barber Shop

    Suggested Use

    Auto Repair Shop Storage Facility Garden Center Veterinary Clinic Barber Shop Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ledyard
    County
    New London
    State
    Connecticut
    Longitude
    -72.023137
    Latitude
    41.405867

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    FAQs

    What type of property is this?
    Office space - Office and garage space with barbershop lease through 2030.
    Where is this office space located?
    The property is located at 5 Lorenz Industrial Pkwy Ledyard, CT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Barbershop lease renewed through 2030 provides immediate rental income; - Large office/garage space suitable for various business needs; - Potential for seller financing with $400k down
    (817) 800-9694
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    5 Lorenz Industrial Pkwy Ledyard, CT 06339
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Lorenz Industrial Pkwy Ledyard, CT 06339
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