912 Old Colony Rd Meriden, CT 06451
- Commercial real estate
- 1.54 lot acres
Current Use by Public Records
- Legacy Woodworking LLC / Woodworker
- Diversified Layup / Woodworker
Property Details for 912 Old Colony Rd
- Lot size
- 1.54 lot acres
- Zone code
- M-3
- Property type
- Commercial real estate
- APN
- MERI M:803 B:135A L:113
- APU
- MERIM803B135AL113
Description
This exceptional 11,264-square-foot industrial warehouse, located at 912 Old Colony Road in Meriden, Connecticut, presents a fantastic leasing opportunity. The single-tenant building sits on a 1.58-acre lot and boasts a spacious single-story design constructed in 1977. The warehouse features a ceiling height ranging from 9 to 16 feet, providing ample vertical space for storage and operations. Loading and unloading are facilitated by one loading dock and one drive-in door, ensuring efficient material handling. The property is equipped with robust three-phase power, delivering 400 amps at 480 volts, suitable for a variety of industrial applications. The building is zoned M-3, allowing for a range of industrial uses. Utilities include gas heating, city water, and city sewer. The property benefits from convenient access to major transportation arteries, with proximity to Exit 48 off I-91 and Exit 65 of Route 15. Fluorescent lighting throughout the space ensures a well-lit and productive work environment. This property is ideal for businesses seeking a functional and strategically located warehouse in Meriden, CT. The zip code is 06451.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $495,000
- 6.5%
- $445,000
- 7%
- $520,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $440,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $490,000
- Mixed-Use
- $570,000
- Hospitality
- $515,000
- Educational
- $560,000
- Residential Income
- $530,000
- Energy
- $440,000
- Income-Based Land
- $530,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Meriden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.8143
- Latitude
- 41.5154
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA