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    1579 Straits Tpke Middlebury, CT 06762

    Sponsored
    For Sale
    $295,000

    Executive Suites, 105,000 SF, CT

    Property size:
    105,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 105,000 square foot executive office building, situated on a sprawling 32-acre lot in Middlebury, Connecticut, presents a unique investment opportunity. Built in 2017, the three-story Turnpike Office Park boasts a modern design and ample parking with 425 spaces available. The property is zoned for commercial use and offers significant potential for a variety of businesses. The building's impressive size and prime location make it an ideal choice for a large corporation seeking a prestigious headquarters or a savvy investor looking for a high-yield asset. The address is 1579 Straits Turnpike, Middlebury, CT 06762, within New Haven County. This property is conveniently located and easily accessible. The building's modern construction ensures energy efficiency and low maintenance costs. With its substantial square footage and abundant parking, the Turnpike Office Park is ready to accommodate a large workforce and extensive operational needs. The asking price for this remarkable property is $295,000. This represents a significant opportunity to acquire a substantial and well-located commercial property in a thriving Connecticut market. The property's size and features make it suitable for a variety of uses, offering flexibility and potential for long-term growth.

    Property Features for 1579 Straits Tpke

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    105,000 SF
    Lot Size
    1,393,920 SF

    Building Details

    Year Built
    2017
    Stories
    3

    HighLights

    • 105,000 SF executive office building on a 32‑acre lot in Middlebury, CT.
    • Built in 2017, three‑story building with 425 parking spaces.
    • Zoned commercial, ideal for corporate headquarters or investors.
    • Located at 1579 Straits Turnpike, Middlebury, CT 06762 (New Haven County).
    • Modern construction, energy‑efficient, low maintenance.
    • Asking price: $295,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. James T ... Chiropractor Edmond Daniells, DC Chiropractor Ct Center-Advanced Vein ... Medical Clinic Pain & Spine Specialists ... Pain Control Clinic Score Physical Therapy ... Physical Therapist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0949984
    Latitude
    41.5519079

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, 105,000 SF, CT
    Where is this office property / space located?
    The property is located at 1579 Straits Tpke Middlebury, CT.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 105,000 SF executive office building on a 32-acre lot in Middlebury, CT.; Built in 2017, three-story building with 425 parking spaces.; Zoned commercial, ideal for corporate headquarters or investors.
    (203) 753-4116
    Request Owner's contact information
    1579 Straits Tpke Middlebury, CT 06762
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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
    1579 Straits Tpke Middlebury, CT 06762
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