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    199 Park Road Ext Middlebury, CT 06762

    Sponsored
    For Lease
    $6 SF/Yr

    Versatile flex space, warehouse, & distribution.

    Lot size:
    278,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Middlebury, CT industrial property at 199 Park Road Extension offers a total of 278,000 square feet of flexible space, ideal for a variety of uses. The single-story building, constructed in 1985, sits on a generous 29.87-acre lot and boasts a remarkable 15'3" clear ceiling height. The property is available for multiple tenants, with spaces ranging from a minimum of 20,000 square feet to a maximum contiguous space of 125,000 square feet. This presents a unique opportunity for businesses seeking adaptable warehouse, distribution, or flex space in a prime location. The property's size and layout offer significant potential for customization to meet specific operational needs. Its strategic location in Middlebury, CT, provides easy access to major transportation routes, ensuring efficient logistics and distribution capabilities. The ample lot size also allows for convenient loading, unloading, and ample parking. This is a rare opportunity to secure a substantial and versatile industrial space in a thriving Connecticut market. Contact us today to learn more about leasing options and explore the possibilities this property offers. The property is zoned for industrial use.

    Property Features for 199 Park Road Ext

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    278,000 SF
    Total Rate
    144791.67

    Building Details

    Year Built
    1985
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    125,000 SF
    Rate per SF
    $6

    HighLights

    • 125,000+ SF Available for Lease
    • 29.87 Acres
    • Readily subdividable to 10,000+ SF
    • Suitable for executive offices, data centers, commercial, industrial, manufacturing, and R&D uses
    • Excellent location, 1 mile north of I‑84 at Exit 17
    • Industrial space lease rate: $6.25/SF NNN; Office space lease rate: $11.75/SF NNN
    Property Profile Location Intelligence

    Current Use by Public Records

    Garmin - Middlebury Software Company J & L MEDICAL ... Medical Equipment Supplier International Union of Operating ... Labor Union VITAS Healthcare Hospice Owandy Radiology - I-Max ... Medical Clinic

    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
    -73.0991917
    Latitude
    41.5543202

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    FAQs

    What type of property is this?
    Distribution property - Versatile flex space, warehouse, & distribution.
    Where is this distribution property located?
    The property is located at 199 Park Road Ext Middlebury, CT.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 125,000+ SF Available for Lease; 29.87 Acres; Readily subdividable to 10,000+ SF
    Request Owner's contact information
    199 Park Road Ext 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
    199 Park Road Ext Middlebury, CT 06762
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