391 Norwich-Westerly Rd North Stonington, CT 06359
This exceptional 700-square-foot medical office space is ideally situated on the second floor of Holly Green Plaza, a three-building complex boasting a total of 100 parking spaces. Located approximately 1.5 miles north of I-95, this single-tenant suite offers convenient access to major transportation routes. The Class B building, constructed in 1988, features a two-story design with elevator access. The space itself is well-appointed with a private bathroom, an open floor plan conducive to various medical or professional uses, and a separate private office. The layout is highly adaptable to a range of medical practices or professional services. The building benefits from a high average daily traffic count of 12,500 vehicles, ensuring high visibility and accessibility for patients and clients. Ample parking is readily available for tenants and visitors. This fully vacant suite is available for lease at a monthly rate of $1,150, plus utilities. Note that this unit, and a comparable adjacent space, are also available for purchase. The property is zoned C Commercial, allowing for a variety of permitted uses.
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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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.