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    Donovan Rd And Bala Rdg Rd Oxford, CT 06478

    Sponsored
    For Sale
    $2,495,000

    22 Acres, I-84 Access, Tax Incentives

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 22-acre parcel, situated at the intersection of Donovan Rd and Bala Ridge Rd in Oxford, Connecticut (zip code 06478), presents a unique opportunity for industrial development. Zoned for industrial use, this property is ideally suited for a corporate headquarters, manufacturing facility, or large-scale warehouse. Its strategic location offers unparalleled access to I-84, just 1.5 miles from Exit 16, ensuring seamless transportation and logistics. The site benefits from its inclusion within a New Airport Enterprise Zone, potentially unlocking significant tax incentives for qualified projects. The seller is open to build-to-suit options, providing flexibility for prospective buyers. All utilities are considered feasible for connection to the property. This expansive landholding represents a rare chance to establish a substantial industrial presence in a thriving Connecticut location. The property is located in New Haven County and offers a compelling combination of size, accessibility, and potential tax advantages. Detailed site plans and zoning information are available upon request. This is a truly exceptional opportunity for significant industrial development.

    Property Features for 0 Donovan Rd And Bala Rdg Rd

    General Information

    Property type
    Land
    Lot Size
    958,320 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oxford
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.1473445
    Latitude
    41.4795747

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    FAQs

    What type of property is this?
    Land - 22 Acres, I-84 Access, Tax Incentives
    Where is this land located?
    The property is located at Donovan Rd And Bala Rdg Rd Oxford, CT.
    What is the asking price?
    The asking price for this property is $2,495,000.
    Request Owner's contact information
    Donovan Rd And Bala Rdg Rd Oxford, CT 06478
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    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
    Donovan Rd And Bala Rdg Rd Oxford, CT 06478
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