360 Prospect St Naugatuck, CT 06770
- Industrial properties
- 15,720 SF
- 12.20 lot acres
Current Use by Public Records
- Pisani Steel Fabrication Inc / Welder / Professional Services
- Coddington Custom Stair / Stair Contractor
Property Details for 360 Prospect St
- Year built
- 1950
- Construction
- STEEL FRAME
- Lot size
- 12.20 lot acres
- Property size
- 15,720 SF
- Zone code
- R15
- Property type
- Industrial properties
- APN
- NAUG M:026 L:5010
- APU
- NAUGM026L5010
Description
This exceptional 1,056-square-foot warehouse, located at 360 Prospect Street in Naugatuck, Connecticut, presents a fantastic opportunity for businesses seeking a functional and conveniently located industrial space. Built in 1950, this two-story building offers a single-tenant occupancy, providing complete privacy and control over the entire space. The entire 1,056 square feet is currently vacant and ready for immediate occupancy. The property is zoned for industrial use, making it ideal for a variety of businesses. Its location in Naugatuck, CT, zip code 06770, offers easy access to major transportation routes, streamlining logistics and distribution. The building's age reflects its established presence within the community, offering a solid foundation for any business looking to establish or expand its operations. This property is perfect for a business needing a self-contained warehouse space without the need to share facilities with other tenants. The property's single-tenant status ensures exclusive use of the entire building, providing a high degree of operational independence and control. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $525,000
- 6.5%
- $525,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $550,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $535,000
- Mixed-Use
- $445,000
- Hospitality
- $465,000
- Educational
- $590,000
- Residential Income
- $455,000
- Energy
- $450,000
- Income-Based Land
- $575,000
- Food Service
- $525,000
Location Insight
- Map
- Local Demand
- City
- Naugatuck
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0366
- Latitude
- 41.5043
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
