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    7 Commerce Dr Oxford, CT 06478

    For Sale
    $975,000

    Prime 3.98-acre site, ready to build. Industrial zoning.

    Property size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 3.98-acre industrial land parcel in Oxford, Connecticut, presents a unique investment opportunity. Located at 7 Commerce Drive, this property boasts significant pre-development work already completed, saving you valuable time and resources. The site is approved for the construction of a substantial warehouse building, with plans in place for a structure of approximately 22,250 square feet. In addition, approvals are in place for a 5,200 square foot three-sided storage shed. The property is zoned for industrial use and benefits from the availability of all city utilities. The asking price for this ready-to-build site is $975,000. This represents a significant cost savings compared to starting from scratch, as substantial investment has already been made in site preparation and approvals. The property's location in Oxford, New Haven County, provides easy access to major transportation routes, making it an ideal location for a variety of industrial uses. Don't miss this chance to acquire a fully approved and prepared industrial site, ready for immediate development. The site's size and zoning make it suitable for a wide range of industrial projects. All necessary approvals are in place, minimizing delays and streamlining the construction process. This is a turnkey opportunity for investors seeking a high-return industrial property in a prime Connecticut location.

    Property Features for 7 Commerce Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    5,200 SF
    Lot Size
    173,369 SF

    HighLights

    • Approved site ready for immediate construction.
    • 3.98‑acre parcel.
    • Industrially zoned land in Oxford, CT.
    • Approved plans for a ±22,250 SF warehouse and a ±5,200 SF three‑sided storage shed.
    • All city utilities available.
    • Significant pre‑development work and approvals completed; $975,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Oxford
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.1310729
    Latitude
    41.4658907

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    FAQs

    What type of property is this?
    Distribution property - Prime 3.98-acre site, ready to build. Industrial zoning.
    Where is this distribution property located?
    The property is located at 7 Commerce Dr Oxford, CT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Approved site ready for immediate construction.; 3.98-acre parcel.; Industrially zoned land in Oxford, CT.
    Request Owner's contact information
    7 Commerce Dr Oxford, CT 06478
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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
    7 Commerce Dr Oxford, CT 06478
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