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Property profile & analytics
OFF-MARKET
Industrial land

1000 Southford Rd Middlebury, CT 06762-3211

3.63 ac lot
Entity Owned 17-yr Hold Free & Clear
Property ID
US15-0100576
Property summary
AI-generated overview

This exceptional 3.63-acre commercial property at 1000 Southford Road in Middlebury, Connecticut, presents a unique investment opportunity. Currently zoned Com-Ind, the site boasts pre-approved plans for a 12,000 square foot building, complete with a full basement. This versatile property offers significant potential for various commercial uses, including executive office space, as evidenced by its existing approvals. The asking price is $900,000, translating to a competitive price per square foot of $75. The property's strategic location at Exit 16, conveniently situated on the Middlebury-Southbury line, ensures high visibility and accessibility. Ample parking is available with 72 spaces provided. Past approvals for a fuel station, convenience store, and car wash further highlight the development potential of this site. The property's multi-tenancy suitability allows for diverse income streams and flexible development options. This is a rare opportunity to acquire a substantial commercial property in a prime location with a proven track record of approvals, making it ideal for both investors and developers seeking a high-return investment in a thriving Connecticut market. The property's 12,000 square foot potential building size, combined with its expansive lot and convenient location, makes it a truly compelling proposition. Don't miss this chance to secure a piece of Middlebury's vibrant commercial landscape. The property is located in New Haven County, Connecticut, with a zip code of 06762.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.63 ac (158,123 SF)
Zoning code GI40
APN MIDD M:8-04 L:008
UPID US15-0100576
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Southford Road LLC · 17 yrs held
Southford Road LLC
since 2009
2 recorded transactions
2009
$295,000
2004
$155,000
Zoning & alternative use
GI40 · Middlebury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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