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    1395 West St Middlebury, CT 06762

    Sponsored
    For Sale
    $495,000

    1.16 Acres, 6,500 SF Potential

    Property size:
    6,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.16-acre commercial property in Middlebury, Connecticut, presents a unique investment opportunity. Located at 1395 West Street, this site boasts a permitted Commercial (Com) zoning designation and offers significant development potential. The existing land area totals 6,500 square feet, with an asking price of $495,000, translating to $76.15 per square foot. The property's location in the vibrant town of Middlebury, within New Haven County, provides excellent access to major transportation routes and a strong local market. Site approval has already been granted for the construction of a 13,000 square foot, two-level building, significantly reducing development hurdles and accelerating the potential for return on investment. Municipal water and ample electrical service (phase unspecified) are readily available, simplifying infrastructure needs. This property is ideal for developers seeking a strategically located site with pre-approved plans, ready for immediate development or redevelopment. The address is 1395 West Street, Middlebury, CT 06762. This is a rare opportunity to acquire a well-situated commercial parcel in a thriving Connecticut community. Don't miss this chance to capitalize on the potential of this prime commercial land.

    Property Features for 1395 West St

    General Information

    Property type
    Land
    Square Feet
    6,500 SF
    Lot Size
    50,530 SF

    HighLights

    • $495,000 asking price.
    • 6,500 square foot retail, office, and land property.
    • $76.15 price per square foot.
    • Commercially zoned.
    • 1.16‑acre lot.
    • Located at 1395 West Street, Middlebury, CT 06762.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Gym & Fitness Skin Care Clinic Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.1294054
    Latitude
    41.5273076

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    FAQs

    What type of property is this?
    Land - 1.16 Acres, 6,500 SF Potential
    Where is this land located?
    The property is located at 1395 West St Middlebury, CT.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: $495,000 asking price.; 6,500 square foot retail, office, and land property.; $76.15 price per square foot.
    Request Owner's contact information
    1395 West St Middlebury, CT 06762
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    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
    1395 West St Middlebury, CT 06762
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