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    321 Research Pkwy Meriden, CT 06450

    Sponsored
    For Lease
    $19 SF/Yr

    Executive suites, prime location.

    Lot size:
    51,354 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Meriden, CT office building at 321 Research Parkway offers 51,354 square feet of versatile space, ideal for businesses seeking executive or traditional office environments. The property features one three-story building constructed in 1984 and extensively renovated in 2012, boasting a Class B rating. Two suites are currently available, ranging from 2,621 to 4,716 contiguous square feet, providing flexibility for various business needs. Suite 201 (4,716 sq ft) includes private offices, a conference room, and a kitchen, while Suite 210 (2,621 sq ft) offers private offices and a conference room. The building benefits from 199 parking spaces and a passenger elevator. Recent renovations encompass common areas, restrooms, tenant spaces, and exterior landscaping and parking. The property's convenient location offers easy access to I-91/Route 15, I-691, and I-84, with nearby amenities including hotels, restaurants, and retail options on East Main Street. The 5.26-acre lot is zoned M-1. This is a fantastic opportunity for companies seeking modern, well-maintained office space in a strategic location. Minimum divisible space is 2,621 square feet. Total vacant space is 7,337 square feet.

    Property Features for 321 Research Pkwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    51,354 SF
    Class
    B
    Total Rate
    83450.25

    Building Details

    Year Built/Renovated
    1984/2012
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 210
    Size
    2,621 SF
    Rate per SF
    $19
    Space
    Suite 201
    Size
    1,950 SF
    Rate per SF
    $19

    HighLights

    • 716± SF Suite 2014 Available
    • 621± SF Suite 2102 Available
    • Three‑story building
    • 4:1,000 parking ratio
    • Building directory signage
    • Recently renovated interiors
    Property Profile Location Intelligence

    Current Use by Public Records

    Horton Paul C ... Psychiatrist State Police Credit ... Credit Union Breathtaking Portable Toilets ... Portable Toilet Supplier Dr. Bernard J. ... Psychiatrist Cox Kevin Insurance Agency

    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
    Meriden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.76472
    Latitude
    41.5179391

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    FAQs

    What type of property is this?
    Office Property / Space - Executive suites, prime location.
    Where is this office property / space located?
    The property is located at 321 Research Pkwy Meriden, CT.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 716± SF Suite 2014 Available; 621± SF Suite 2102 Available; Three-story building
    Request Owner's contact information
    321 Research Pkwy 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
    321 Research Pkwy Meriden, CT 06450
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