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    927 Southford Rd Middlebury, CT 06762

    Sponsored
    For Sale
    $995,000

    5.81-acre lot, I-84 access, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.81-acre property, located at 927 Southford Road (Rt. 188) in Middlebury, Connecticut, presents a unique redevelopment opportunity. Situated within the Gateway Industrial Design District (GIDD), this commercially zoned land offers versatile usage potential, including retail, restaurants, executive offices, and light manufacturing. The property boasts excellent visibility and accessibility, bordering Interstate 84 West, which sees nearly 100,000 vehicles daily, and situated on Route 188 with a daily traffic count of 8,100 vehicles. This prime location provides unparalleled exposure for any business. The site also includes a single-family house. Utilities including water, sewer, and gas are readily available. Furthermore, potential tax incentives may be available

    Property Features for 927 Southford Rd

    General Information

    Property type
    Manufacturing properties
    Lot Size
    253,084 SF

    HighLights

    • 5.81‑acre parcel including a single‑family home.
    • Gateway Industrial Design District (GIDD) zoning.
    • Suitable for retail, restaurants, executive offices, and light manufacturing.
    • High‑traffic location on Route 188 (8,100 VPD) and I‑84 West (nearly 100,000 VPD).
    • Excellent I‑84 access (Exit 16).
    • Water, sewer, and gas available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Pharmacy Auto Parts 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
    -73.1525471
    Latitude
    41.5019639

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    FAQs

    What type of property is this?
    Manufacturing property - 5.81-acre lot, I-84 access, high traffic.
    Where is this manufacturing property located?
    The property is located at 927 Southford Rd Middlebury, CT.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 5.81-acre parcel including a single-family home.; Gateway Industrial Design District (GIDD) zoning.; Suitable for retail, restaurants, executive offices, and light manufacturing.
    Request Owner's contact information
    927 Southford Rd Middlebury, CT 06762
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    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
    927 Southford Rd Middlebury, CT 06762
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