1124 Spindle Hl Rd Wolcott, CT 06716-1222
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IND · Wolcott, CTWolcott. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.