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    27 Lucy St Woodbridge, CT 06514

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    For Sale
    $475,000

    5324 SF office building with conversion potential.

    Property size:
    5,324 SF
    Lot size:
    0.13 Acres

    Property Features for 27 Lucy St

    General Information

    Size
    5,324 SF
    Lot size
    0.13 Acres

    Source: Coldwell Banker Realty | Woodbridge Agent Buddy Degennaro

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

    Overview

    Three-Story Office Building For Sale

    This three-story office building offers approximately 5324 square feet of finished office space. The property currently contains 7 separate office spaces across the three floors, offering flexible configuration options. There are currently 3 tenants in place on a month-to-month basis. The property is conveniently located with access to Route 15, downtown New Haven, and Yale. Investors may have the potential to convert the space to residential apartments.
    Location Intelligence

    Current Use by Public Records

    HACK | SOLVE Contractor Svendsen Insurance Agency Insurance Agency On The Road Again LLC Limousine Service Lady in A Suit Productions Film Production Company Ct Association-Golf Course ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9436513
    Latitude
    41.3519736

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    FAQs

    What type of property is this?
    Office building - 5324 SF office building with conversion potential.
    Where is this office building located?
    The property is located at 27 Lucy St Woodbridge, 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: - 5324 sq ft of finished office space, ideal for investors, attorneys, physicians, insurance agents, etc.; - Potential to convert to residential apartments.; - 7 separate office spaces offering flexible configuration.
    (203) 710-2548
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    27 Lucy St Woodbridge, CT 06514
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    Woodbridge, CT 06514
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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
    27 Lucy St Woodbridge, CT 06514
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