Auto Body Shop with
128 Union City Rd, Prospect, CT 06712
For Sale
New
Contact for pricing
The building includes a paint room, shop equipment, office space, and a mezzanine.
Property Size8,900 SF
Lot Size3.81 Acres
Price / SF$167.98
Days on Market5
Property Features for 128 Union City Rd
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Traffic Count
Road Access
Additional Details
Asking Price
Drive-In Doors
Real Estate Included
Amenities
Oversized Drive-in Doors
Office Space
Mezzanine Space
Paint Room
Building Details
Buildings
Building Size
Listing Agency:
Godin Property Brokers
(203) 577-2277
Listed By:
Mary Buckley · License #RES.0778434
(203) 525-8870
Source:
Moodyscre
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 8 at 7:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Godin Property Brokers
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Investment Insights
Based on property information with market context.
This former auto body shop contains approximately 8,900 square feet of building area on approximately 3.81 acres. The interior includes a paint room, some equipment, office space, and a mezzanine, with seven oversized drive-in doors for vehicle access.
The property is at 128 Union City Rd in Prospect, Connecticut, along RT 69, which carries approximately 10,000 cars per day.
The property is at 128 Union City Rd in Prospect, Connecticut, along RT 69, which carries approximately 10,000 cars per day.
Key Highlights
- Approximately 8,900 +/- S/F building on 3.81 +/- acres
- Seven oversized drive‑in doors
- Former auto body shop with a paint room and some equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,246
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,920
$1.5M
Cap Rate 7%
$1,074,943
$1.1M
Cap Rate 9%
$836,067
$836.1K
Market Conditions
NOI Build-Up for 8,900 SF
Gross rent
$117.5K $13.20/SF
− Vacancy
−$10.0K −$1.12/SF
EGI
$107.5K $12.08/SF
− OpEx
−$32.2K −$3.62/SF
NOI
$75.2K $8.45/SF
Area
Waterbury, CT
Vacancy
8.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,920
Cap Rate 7%
$1,074,943
Cap Rate 9%
$836,067
Alternative Uses
Best Use
Retail
$1.07M
$940.6K – $1.25M
NOI $75,246 @ 7.0% cap · market cap 5.03%
Second Best
Industrial
$983.8K
$860.9K – $1.15M
NOI $68,869 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$2.36M
$2.07M – $2.76M
NOI $165,326 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7
Drive-in doors
10,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06712, CT
9,344
Population
3,546
Households
2.6
Avg Household Size
47
Median Age
37%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
658
Density / Sq Mi
$125,556
Median Household Income
$70,658
Median Earnings
$1,888
Median Rent
$350,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Auto shops in New Haven County, CT
Properties on Market for Auto shops in New Haven County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Premier Auto Glass — 25 Jenna, Lynn Rd, Naugatuck, CT 06770
- THE RECAL GUY — 17 Gramar Ave STR. 1, Prospect, CT 06712
- Eagle Auto Body — 128 Union City Rd, Prospect, CT 06712
- M Sport Motorwerx — 7 Industrial Rd, Prospect, CT 06712
- RPM Power Equipment Inc — 101 Waterbury Rd, Prospect, CT 06712
Frequently Asked Questions
What type of property is this?
Auto shop - The building includes a paint room, shop equipment, office space, and a mezzanine.
Where is this auto shop located?
The property is located at 128 Union City Rd Prospect, CT.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Approximately 8,900 +/- S/F building on 3.81 +/- acres; Seven oversized drive‑in doors; Former auto body shop with a paint room and some equipment
