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    238 Wolcott Rd Wolcott, CT 06716

    For Sale
    $3,900,000

    Vacant 52,574 SF Manufacturing Facility

    Property size:
    52,574 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional value-add investment opportunity presents a vacant, free-standing industrial manufacturing facility totaling 52,574 square feet situated on a 7.04-acre lot in Wolcott, Connecticut. The property, located at 238 Wolcott Rd, 06716, boasts a single-story building constructed in phases between 1980, 1988, and 1994, with a permitted IND zoning classification. The building features tilt-up construction, offering significant potential for renovation and repurposing. Seven loading docks and seven dock-high doors provide ample access for efficient material handling, complemented by abundant on-site parking. The high ceilings, measuring 20 feet, offer versatile space for various manufacturing or industrial uses. The asking price is $3,900,000, translating to $74.18 per square foot. This property presents a unique chance to acquire a substantial industrial asset in a desirable location with significant upside potential for the discerning investor. The property's size, location, and features make it an attractive prospect for a variety of industrial uses. Its vacant status allows for complete customization to meet specific operational needs. This is a rare opportunity to acquire a large industrial property in a growing market.

    Property Features for 238 Wolcott Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    52,574 SF
    Lot Size
    306,662 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    HighLights

    • $3,900,000 asking price for this value‑add, vacant industrial property.
    • 52,574 square feet on a 7.04‑acre lot in Wolcott, CT.
    • $74.18 per square foot.
    • Single‑story, 52,574 SF manufacturing building constructed between 1980 and 1994.
    • IND zoning.
    • Seven loading docks and seven dock‑high doors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NUCAP Performance Store

    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
    Wolcott
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9941319
    Latitude
    41.580919

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    FAQs

    What type of property is this?
    Manufacturing property - Vacant 52,574 SF Manufacturing Facility
    Where is this manufacturing property located?
    The property is located at 238 Wolcott Rd Wolcott, CT.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: $3,900,000 asking price for this value-add, vacant industrial property.; 52,574 square feet on a 7.04-acre lot in Wolcott, CT.; $74.18 per square foot.
    Request Owner's contact information
    238 Wolcott Rd Wolcott, CT 06716
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    Wolcott, CT 06716
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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
    238 Wolcott Rd Wolcott, CT 06716
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