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Property profile & analytics

500 Bic Dr Milford, CT 06461

  • Industrial properties
  • 745,516 SF
  • 32.74 lot acres
Value Estimation
Location Intelligence
Property ID
US15-0822667
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Territory Ahead / Clothing Store
  • TRC Companies, Inc. / Environmental Consultant
  • DePuma's Gluten Free Pasta / Pasta Shop / Manufacturer
  • Seasonal Catering / Caterer / Event Management Company
  • Premium Home Air Duct Service / Air Duct Cleaning Service

Property Details for 500 Bic Dr

Year built
1952
Construction
STEEL FRAME
Lot size
32.74 lot acres
Property size
745,516 SF
Zone code
HDD
Property type
Industrial properties
APN
MILF M:40 B:301 L:28-B
APU
MILFM40B301L28B

Description

This exceptional multi-tenant industrial property, encompassing 156,000 square feet, presents a unique investment opportunity. Buildings 3 & 4 at 500 BIC Drive offer flexible spaces ranging from a minimum of 53,593 contiguous square feet up to the entire 156,000 square feet. The two-story Class B building, constructed in 1978, boasts a 0.44 building floor area ratio and sits on a substantial 32.74 acres of land. The property features a 16-foot ceiling height, ideal for various manufacturing or warehousing needs. Loading capabilities include one loading dock equipped with a mechanical levelator and one drive-in door. Ample parking is provided with 585 spaces available, along with trailer parking. The building is fully sprinklered and offers gas-fired heating and full air conditioning. Power is supplied by a 600-amp, 277-480V 3-phase system. The property is zoned MDD and is conveniently located less than one mile from Exit 35 of I-95, offering excellent access to major transportation routes. On-site amenities include a full-service cafeteria for tenant convenience. This property is perfect for a variety of uses, including warehouse, manufacturing, and research and development. The available space is immediately ready for occupancy.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Milford
County
New Haven
State
Connecticut
Longitude
-73.1006
Latitude
41.2195
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$519,533
$3,077,450
$16,044,120
$19,121,570
-
$0.00
$0.00
$0.00
More about this property
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