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Property profile & analytics
OFF-MARKET
Life science properties

10 Research Pkwy Wallingford, CT 06492

69,000 SF 15.9 ac lot Built 1990
Entity Owned 3-yr Hold
Property ID
US15-0938880
Property summary
AI-generated overview

This exceptional 69,000-square-foot building, situated on 15.9 acres in Wallingford, CT, offers premier flex space for lease. Multiple suites are available, ranging from 1,300 to 16,500 contiguous square feet, adaptable to various needs, from modern office spaces to high-tech manufacturing facilities. The single-story building, constructed in 1990 and extensively renovated in 2019, boasts a 10-foot ceiling height and a state-of-the-art building automation system encompassing LED lighting, HVAC, and access control. High-speed fiber is already installed. The property features eight total suites and benefits from tax incentives. Expansion options are available for both the building and the parking lot, which includes electric vehicle charging stations. Wallingford offers the lowest electricity costs in the region, and this location provides convenient access to I-91 (Exit 15), with a short commute to both New Haven and Hartford. The property is zoned commercial and is ideal for businesses seeking flexible, modern, and efficient space in a prime Connecticut location. The minimum divisible space is 1,300 square feet.

Property profile
Verified
Property type Life science properties
Year built 1990
Total area 69,000 SF
Lot 15.9 ac (692,604 SF)
UPID US15-0938880
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • PPI Benefit Solutions Insurance Agency
  • Acrisure Wallingford, CT (HD Segur) Insurance Agency
  • Acrisure Private Risk Advisors Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Vlg Wallingford Partners · 3 yrs held
Vlg Wallingford Partners
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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