1395 West St Middlebury, CT 06762
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.