1579 Straits Tpke Middlebury, CT 06762
- Commercial real estate
- 15,491 SF
Current Use by Public Records
- Dr. James T Prado / Holistic Medicine Practitioner / Pain Management Physician
- Edmond Daniells, DC / Chiropractor
- Ct Center-Advanced Vein Therapy / Medical Clinic / Doctor
- Pain & Spine Specialists of CT / Doctor / Pain Control Clinic
- Score Physical Therapy LLC / Physical Therapist / Fitness Center
Property Details for 1579 Straits Tpke
- Year built
- 1978
- Property size
- 15,491 SF
- Property type
- Commercial real estate
- APN
- MIDD M:4-08 L:427-TP1A1000
- APU
- MIDDM408L427TP1A1000
Description
This exceptional Class A office space, part of the prestigious Turnpike Office Park, offers 2,001 square feet of move-in ready executive office space. Located in New Haven County, this property boasts a prime location within a larger 105,000 square foot building, formerly the Timex World Headquarters. Built in 2017, the three-story building features ample parking with 425 spaces available. The suite itself is part of a multi-tenant building, offering a professional and collaborative environment. The expansive 32-acre lot provides a park-like setting, enhancing the overall appeal and accessibility. The property is zoned for commercial use, ensuring flexibility for a variety of businesses. This is a rare opportunity to secure high-quality office space in a desirable location. The suite is immediately available, offering a seamless transition for your business. With its modern design and convenient amenities, this executive office suite is perfect for businesses seeking a sophisticated and efficient workspace. The building's impressive size and ample parking ensure convenience for employees and clients alike. Don't miss this chance to establish your business in this exceptional location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,955,000
- 6.5%
- $3,010,000
- 7%
- $2,710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,675,000
- Geo Method
- $2,430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,505,000
- Retail
- $2,875,000
- Mixed-Use
- $2,515,000
- Hospitality
- $2,520,000
- Educational
- $2,285,000
- Residential Income
- $2,835,000
- Energy
- $2,220,000
- Income-Based Land
- $2,940,000
- Food Service
- $2,550,000
Location Insight
- Map
- Local Demand
- City
- Middlebury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0919
- Latitude
- 41.5521
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
