Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7 Hurlbutt Rd Ledyard, CT 06335

    For Sale
    $1,395,000

    High-Yield Office Portfolio, 100% Occupancy

    Property size:
    22,109 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Investors: Secure this exceptional mixed-use investment opportunity in Ledyard, Connecticut. This fully renovated, 22,109 square foot property, originally a school, now boasts 14 units and 11 tenants across 18 individual income streams, all under gross leases. Built in 1959 and extensively renovated in 2016, the property features a single, one-story building situated on a 3.3-acre lot with ample private parking. The 100% occupancy rate ensures immediate cash flow, with all rent payments consistently current. Each unit, formerly a classroom, has undergone complete renovation, including roof replacement, individual classroom upgrades, private and common bathrooms, and updated mechanical systems. The property is zoned GFDD and offers a compelling value-add opportunity with built-in rent bumps. This is a turnkey investment with a strong history of reliable income and a bright future. The asking price is $1,395,000, translating to $63.10 per square foot. This represents a rare chance to acquire a stable, high-performing asset with significant upside potential. The property's history of consistent, on-time rent payments, even during the pandemic, underscores its resilience and the quality of its tenant base.

    Property Features for 7 Hurlbutt Rd

    General Information

    Property type
    Office space
    Square Feet
    22,109 SF
    Lot Size
    143,748 SF

    Building Details

    Year Built/Renovated
    1959/2016
    Buildings
    1
    Stories
    1
    Units
    14

    HighLights

    • $1,395,000 asking price for this 22,109 SF mixed‑use office building.
    • 100% occupancy with 11 tenants in a multi‑tenant building.
    • Recently renovated (2016) with all renovations complete.
    • Ample private parking available.
    • Stable income stream with existing leases and reliable, current tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pure Fit Fitness ... Gym Wolf Gang Wrestling Wrestling School Image by CG Photography Studio Tracy Harvey Photography Wedding Photographer Sonya's Hair Studio Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Hair Salon Nail Salon Pharmacy Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ledyard
    County
    New London
    State
    Connecticut
    Longitude
    -72.083883
    Latitude
    41.4276237

    Nearby Similar for Sale

    • $229,000
      1,500 SF

      Established Liquor Store Opportunity

      Profitable liquor store for sale in prime Connecticut location.
      Rt 12 Rte, Ledyard, CT 06335
      View Details
    • $199,000

      Updated Home in Rocky Knoll

      Modern 2-bedroom home in a convenient location.
      932 Long Cove Rd, Ledyard, CT 06335
      View Details
    • $475,000
      4,000 SF

      Office and Garage Space Available

      Office and garage space with barbershop lease through 2030.
      5 Lorenz Industrial Pkwy, Ledyard, CT 06339
      View Details
    • $695,000

      Ledyard Specialty Property For Sale

      Specialty property available for purchase in Ledyard, Connecticut.
      75 Homestead Rd, Ledyard, CT 06339
      View Details
    • $449,000

      Ledyard Specialty Property For Sale

      Specialty property available for purchase in Ledyard, Connecticut.
      123A Whalehead Rd, Ledyard, CT 06335
      View Details
    • $330,000

      Ledyard Specialty Property For Sale

      Specialty property available for purchase in Ledyard, Connecticut.
      308 Shewville Rd, Ledyard, CT 06339
      View Details

    FAQs

    What type of property is this?
    Office space - High-Yield Office Portfolio, 100% Occupancy
    Where is this office space located?
    The property is located at 7 Hurlbutt Rd Ledyard, CT.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: $1,395,000 asking price for this 22,109 SF mixed-use office building.; 100% occupancy with 11 tenants in a multi-tenant building.; Recently renovated (2016) with all renovations complete.
    Request Owner's contact information
    7 Hurlbutt Rd Ledyard, CT 06335
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7 Hurlbutt Rd
    Ledyard, CT 06335
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    7 Hurlbutt Rd Ledyard, CT 06335
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.