101 Merritt Blvd Trumbull, CT 06611
- Showrooms
- 39,706 SF
- 12.95 lot acres
Current Use by Public Records
- Mutual of Omaha® Advisors - Trumbull / Insurance Agency / Investment Service
- Abraham M Hoffmann Real Estate Attorney At Law / Attorney
- RecoveryPlanner / Software Company
- LANStatus / Software Company
- Mutual of Omaha Reverse Mortgage David Reynolds / Mortgage Lender
Property Details for 101 Merritt Blvd
- Year built
- 1983
- Construction
- STEEL FRAME
- Lot size
- 12.95 lot acres
- Property size
- 39,706 SF
- Zone code
- IL3
- Property type
- Showrooms
- APN
- TRUM M:K-09 L:00039 U:000
- APU
- TRUMMK09L00039U000
Description
This exceptional Class A executive office building, located at 101 Merritt Blvd, offers a single-tenant occupancy of 19,392 square feet. Constructed in 1983, this two-story building boasts a striking glass atrium, creating a bright and modern workspace. The property is situated in Fairfield County and is zoned I-3, providing flexibility for various business uses. The building's total square footage is 66,000 square feet, indicating ample space within the larger complex. On-site management ensures smooth operations and efficient building maintenance. Its convenient location provides easy access to major transportation arteries, including Exit 52 of the Merritt Parkway and Exit 11 of Route 8, making commuting effortless for employees and clients. This property presents a unique opportunity for businesses seeking a prestigious and well-maintained office space in a highly accessible location. The building's impressive features and strategic location make it an ideal choice for discerning tenants seeking a high-quality, efficient, and conveniently located office environment. This single-tenant space offers the opportunity to establish a strong presence in a desirable business area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,065,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,280,000
- 6.5%
- $2,840,000
- 7%
- $3,035,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,400,000
- Geo Method
- $2,655,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,425,000
- Retail
- $3,120,000
- Mixed-Use
- $2,710,000
- Hospitality
- $3,635,000
- Educational
- $3,260,000
- Residential Income
- $3,465,000
- Energy
- $3,755,000
- Income-Based Land
- $3,670,000
- Food Service
- $3,640,000
Location Insight
- Map
- Local Demand
- City
- Trumbull
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1449
- Latitude
- 41.2384
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
