Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    370 Boston Post Rd Orange, CT 06477

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,800 /Mo ($6 SF/Yr)

    Office space for lease in high-traffic Orange location.

    Property size:
    3,472 SF
    Lot size:
    0.57 Acres

    Property Features for 370 Boston Post Rd

    General Information

    Standard status
    Active
    Size
    3,472 SF
    Lot size
    0.57 Acres

    Building Details

    Year built
    1986

    We can help!

    Listing Contact
    Michael Richetelli
    Michael Richetelli
    Source: Exitrealty

    Listing Agency: Colonial Properties Inc Listing Agent: Michael Richetelli

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

    Learn more

    Overview

    Turnkey Office Space Available

    Turnkey office space is available for lease in a centrally located area of Orange. The location benefits from high visibility with a traffic count of 20,700 cars per day. Pylon signage is available. The property provides convenient access to I-95 and is situated near various stores and restaurants. Current availabilities include a 1,160 square foot unit on the first floor, offered at $2,150 per month plus utilities. A 1,250 square foot unit in the lower level is available for $2,100 per month plus utilities. A 940 square foot unit in the lower level is currently leased. The property contains a total of 3,472 square feet.
    Location Intelligence

    Current Use by Public Records

    Center for the Healing Arts-Integrative ... Hospital Michelle A. Hessberger, ND Alternative Medicine Practice Luxe Theoree Skin ... Medical Clinic Pro Skin Studio Hair Salon Beth Robson LCSW Counselor

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0075126
    Latitude
    41.2612613

    Nearby Similar for Lease

    • $25 SF/Yr
      3,300 SF

      New Construction Commercial Space

      3300 SF commercial space suitable for various businesses.
      33 Old Tavern Rd, Orange, CT 06477
      View Details
    • $30 SF/Yr
      3,000 SF

      Retail Space with Drive-Thru

      Prime corner retail space with drive-thru in Orange, CT.
      33 Old Tavern Rd, Orange, CT 06477
      View Details
    • $3,000 /Mo
      2,000 SF

      Prime Retail/Office Space Available

      2,000 SF available on busy Route 1 in Orange, CT.
      501 15, Orange, CT 06477
      View Details
    • $10 SF/Yr
      30,360 SF

      Prime Commercial Space in Orange, CT

      Highly visible professional office space available for lease in Orange.
      325 Boston Post Rd, Orange, CT 06477
      View Details
    • $20 SF/Yr
      1,681 SF

      Prime Retail Space on Route 1

      High-visibility storefront in a busy, high-traffic commercial corridor.
      200 Boston Post Rd, Orange, CT 06477
      View Details
    • $20 SF/Yr
      1,530 SF

      Prime Commercial Space in Orange

      High-traffic location ideal for medical or professional use.
      236 Boston Post Rd, Orange, CT 06477
      View Details
    • $22 SF/Yr

      Prime Retail/Medical Space Available

      High-visibility retail/medical space on busy Route 1.
      464 Boston Post Rd, Orange, CT 06477
      View Details
    • $16 SF/Yr

      Retail Space with Open Layout

      Two retail spaces available with large windows and open floorplans.
      278 Boston Post Rd, Orange, CT 06477
      View Details
    • $14 SF/Yr

      Retail Space on Boston Post

      Retail space available for lease with high traffic count.
      477 Boston Post Rd, Orange, CT 06477
      View Details
    • $8 SF/Yr

      Modern Office Flex Space Available

      Updated office flex space near I-95 and Boston Post Road.
      45 Connair Rd, Orange, CT 06477
      View Details
    • $23 SF/Yr

      Prime Office Space on Route 1

      Office suites available for lease in Orange, CT.
      569 Boston Post Rd, Orange, CT 06477
      View Details
    • $2,188 /Mo

      Route 1 Retail/Office Space

      High-traffic location, ideal for retail or office use.
      153 Boston Post Rd, Orange, CT 06477
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for lease in high-traffic Orange location.
    Where is this office units located?
    The property is located at 370 Boston Post Rd Orange, CT.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Route 1 with 20,700 cars per day.; - Turnkey office space available immediately.; - Pylon signage available.
    (203) 795-8060
    Request Owner's contact information
    370 Boston Post Rd Orange, CT 06477
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    370 Boston Post Rd
    Orange, CT 06477
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    370 Boston Post Rd Orange, CT 06477
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael Richetelli
    Michael Richetelli
    Real Estate License ID: REB.0751325
    (203) 795-8060 (203) 376-0904
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!