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    1201 Research Pkwy Meriden, CT 06450

    Sponsored
    For Lease
    $120 SF/Yr

    Large Flex Space; 47,000 sq ft; 29.6 acres

    Lot size:
    47,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    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 Features for 1201 Research Pkwy

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,000 SF
    Total Rate
    470000

    Unit(s) available at that property

    Space
    Size
    47,000 SF
    Rate per SF
    $120

    HighLights

    • 47,000 square foot industrial flex building.
    • Single‑tenant occupancy.
    • 29.6‑acre lot.
    • Build‑to‑suit opportunity available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Clothing Store Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8220064
    Latitude
    41.5385097

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    FAQs

    What type of property is this?
    Flex space - Large Flex Space; 47,000 sq ft; 29.6 acres
    Where is this flex space located?
    The property is located at 1201 Research Pkwy Meriden, CT.
    What is the lease rate?
    The lease rate is $120 SF/Yr.
    What are key features of this property?
    This property features: 47,000 square foot industrial flex building.; Single-tenant occupancy.; 29.6-acre lot.
    Request Owner's contact information
    1201 Research Pkwy Meriden, CT 06450
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    Meriden, CT 06450
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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
    1201 Research Pkwy Meriden, CT 06450
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