8 Commerce Dr Parcel A Oxford, CT 06478
- Land
- 21.65 lot acres
Current Use by Public Records
- Land
Property Details for 8 Commerce Dr Parcel A
- Lot size
- 21.65 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oxford
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.1468
- Latitude
- 41.4274