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    Property profile & analytics

    32 Industrial Rd Prospect, CT 06712

    • Industrial land
    • 3.70 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Sep 15, 2023
    Location Intelligence
    Property ID
    US15-0207729
    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

    • Industrial land

    Property Details for 32 Industrial Rd

    Lot size
    3.70 lot acres
    Zone code
    IND
    Property type
    Industrial land
    APN
    PROS M:105 B:68 L:32
    APU
    PROSM105B68L32

    Description

    This exceptional 20,000 square foot industrial flex space at 32 Industrial Road presents a unique opportunity. The property, constructed in 2024, boasts a single-tenant occupancy and sits on a generous 5.57-acre lot. The building features a total of 12,200 square feet of immediately available space, comprised of eight individual units, each measuring 1,525 square feet (61' x 25'). Each unit is equipped with a private bathroom and a small office, making it ideal for a variety of businesses. The high ceilings, measuring 17 feet, provide ample vertical space, and each unit includes a 12' x 12' overhead door for easy loading and unloading. The property is zoned for industrial use and offers plenty of on-site parking. The units are designed for flexibility and can be combined to accommodate larger tenants. This is a rare opportunity to secure brand-new, modern flex space in a prime location. Contact us today to discuss your specific needs and explore the possibilities of combining units to create a customized workspace. Don't miss out on this chance to establish your business in this newly constructed, high-quality facility.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Prospect
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9982
    Latitude
    41.511
    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
    $3,233
    $83,790
    $17,500
    $101,290
    -
    $0.00
    $0.00
    $0.00

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    32 Industrial Rd
    Prospect, CT 06712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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