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Property profile & analytics
OFF-MARKET
Industrial properties

1124 Spindle Hl Rd Wolcott, CT 06716-1222

2,485 SF 0.5 ac lot Built 2004
Individually Owned Absentee Owner Free & Clear
Property ID
US15-0141434
Property summary
AI-generated overview

This exceptional 2,343-square-foot flex space property, located at 1124 Spindle Hill Rd in Wolcott, Connecticut (zip code 06716), presents a compelling investment opportunity. Built in 2004 and situated on a half-acre lot, this industrial property is zoned I-1. The building boasts a 14-foot ceiling height and features a two-bay garage equipped with 12-foot doors. The garage itself encompasses 1,400 square feet, complemented by an 850-square-foot second-floor loft area, providing versatile space for various business needs. The property includes a well and septic system, with the septic tank having a 1,000-gallon capacity and last updated in 2014. This property is ideally suited for a range of uses, offering a blend of industrial and office space. The asking price is $350,000, and the property will be available January 15, 2025. Its convenient location in New Haven County, Connecticut, makes it an attractive option for businesses seeking a functional and well-maintained industrial space. The property's combination of ample square footage, high ceilings, and convenient garage access makes it a highly desirable asset.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2004
Construction FRAME
Total area 2,485 SF
Lot 0.5 ac (21,780 SF)
Zoning code IND
APN WOLC M:111 B:8 L:186A
UPID US15-0141434
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
KENNETH C PADULA
KENNETH C PADULA
Zoning & alternative use
IND · Wolcott, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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