Versatile Fairfield County property, multiple uses.
Lot size:
40,707 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This exceptional Fairfield County property, located at 16 Stony Hill Rd, offers a unique investment opportunity encompassing 40,707 square feet of versatile space across multiple buildings. The main building, totaling approximately 38,497 square feet, boasts 10-foot ceilings, three loading docks, 600-amp 3-phase power, full air conditioning, and energy-efficient LED lighting. Constructed of durable block, this building is ideally suited for manufacturing, assembly, distribution, or laboratory uses. A separate, approximately 2,210-square-foot free-standing building provides additional rental income potential, currently generating $2,900 per month. The property sits on a 3.08-acre lot, zoned Route 6 Business, and includes city water, sewer, and gas connections. Building amenities include an elevator and a cafeteria. The property's prime location offers easy access to I-84, making it highly attractive for businesses seeking convenient transportation links. Built in 1976, this property presents a rare opportunity to acquire a substantial industrial complex with significant upside potential. The property taxes are $60,581 annually. The minimum divisible space is 2,210 square feet, with a maximum contiguous space of 38,497 square feet. The entire 40,707 square feet is currently vacant.
Property Features for 16 Stony Hill Rd
General Information
Property type
Medical offices
Lease Type
Gross Lease
RSF (Rentable sq. ft)
40,707 SF
Total Rate
30530.25
Building Details
Year Built
1976
Unit(s) available at that property
Space
Building B
Size
2,200 SF
Rate per SF
$9
Space
Building A
Size
38,497 SF
Rate per SF
$9
HighLights
40,707 square foot multi‑tenant industrial building with 2,210 square foot minimum divisible space and up to 38,497 contiguous square feet available.
3.08‑acre lot in Fairfield County, zoned Route 6 Business.
Building features include 600‑amp, 3‑phase power, full air conditioning, 10‑foot clear ceiling height, and energy‑efficient LED lighting.
Additional features include city water, sewer, and gas; solid block construction; three loading docks; and an elevator.
Built in 1976, the property includes a separate 2,200 square foot building currently generating $2,900 in monthly rental income.
Medical office - Versatile Fairfield County property, multiple uses.
Where is this medical office located?
The property is located at 16 Stony Hill Rd Bethel, CT.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: 40,707 square foot multi-tenant industrial building with 2,210 square foot minimum divisible space and up to 38,497 contiguous square feet available.; 3.08-acre lot in Fairfield County, zoned Route 6 Business.; Building features include 600-amp, 3-phase power, full air conditioning, 10-foot clear ceiling height, and energy-efficient LED lighting.
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16 Stony Hill Rd Bethel, CT 06801
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Realmo Value Estimation
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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
16 Stony Hill Rd Bethel, CT 06801
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16 Stony Hill Rd, Bethel, CT
Mick Consalvo
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16 Stony Hill Rd, Bethel, CT
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16 Stony Hill Rd, Bethel, CT
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16 Stony Hill Rd, Bethel, CT
Mick Consalvo
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