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Property profile & analytics
FOR SALE
Commercial real estate

1201 Research Pkwy Meriden, CT 06450

20.54 ac lot
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US15-1213427
1201 Research Pkwy, Meriden, CT 06450 For Sale
$2,200,000
1201 Research Pkwy, Meriden, CT 06450
View Listing →
Property summary
AI-generated overview

This exceptional industrial property, located on Research Parkway, offers a substantial 47,000 square foot flex space, perfect for a variety of business needs. The single-suite building sits on a generous 29.6-acre lot, providing ample room for expansion, outdoor storage, or future development. The property's flex space configuration offers versatility, allowing for customization to suit specific operational requirements. The "build-to-suit" nature of this property presents a unique opportunity to create a space perfectly tailored to your company's specifications. This is an ideal solution for businesses seeking a large, adaptable industrial space with significant land area. The property is currently available for lease or purchase, offering a significant opportunity for businesses seeking to establish a substantial presence in this location. The expansive lot size provides significant potential for future growth and development, making this a long-term investment opportunity. Interested parties are encouraged to inquire for further details and to explore the possibilities this property offers. The single-suite layout provides a cohesive and efficient workspace. This property is ready for immediate occupancy or can be customized to meet your specific needs.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 20.54 ac (894,810 SF)
Zoning code M-1
APN MERI M:913 B:324D L:1-4
UPID US15-1213427
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k
Owner & transaction history
Dfc Of Research 1201 LLC · 5 yrs held
Dfc Of Research 1201 LLC
since 2021
Last sale
$562,600
1 recorded transaction
2021
$562,600
Zoning & alternative use
M-1 · Meriden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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