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    8 Commerce Dr Parcel A Oxford, CT 06478

    Sponsored
    For Sale
    $1,795,000

    Prime Industrial Land, Oxford, CT

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This exceptional 21.65-acre parcel, located at 8 Commerce Drive Parcel A Lot 5 in Oxford, Connecticut, presents a significant opportunity for industrial development. Zoned for industrial use, this property boasts approximately 12.7 contiguous dry acres, offering ample space for a substantial project. Preliminary feasibility studies indicate the potential for a building of up to 150,000 square feet. The site benefits from its strategic location within a thriving business park in a community known for its business-friendly environment. Further enhancing its appeal, this property is situated within a new airport enterprise zone, qualifying it for various potential tax incentives. All necessary municipal utilities are readily available, ensuring seamless infrastructure integration. Excellent highway access is provided via Interstate 84 and Route 8, facilitating efficient transportation and logistics. The asking price for this exceptional property is $1,795,000. An adjacent 5.57-acre parcel (4 Commerce Drive, Parcel A/Lot 4) is also available for purchase. This presents a unique opportunity to acquire a larger contiguous land holding to meet expanding business needs. This property is situated in New Haven County, Connecticut, with a zip code of 06478.

    Property Features for 8 Commerce Dr Parcel A

    General Information

    Property type
    Land
    Lot Size
    943,074 SF

    HighLights

    • $1,795,000 asking price.
    • 21.65‑acre industrial land parcel in Oxford, CT.
    • Located in a high‑growth, business‑friendly community within a business park.
    • Zoned for industrial use; preliminary feasibility study indicates potential for up to 150,000 square feet of development.
    • Situated in a New Airport Enterprise Zone, qualifying for potential tax incentives.
    • All municipal utilities are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oxford
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.1467619
    Latitude
    41.4274087

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Oxford, CT
    Where is this land located?
    The property is located at 8 Commerce Dr Parcel A Oxford, CT.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: $1,795,000 asking price.; 21.65-acre industrial land parcel in Oxford, CT.; Located in a high-growth, business-friendly community within a business park.
    Request Owner's contact information
    8 Commerce Dr Parcel A 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
    8 Commerce Dr Parcel A Oxford, CT 06478
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