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Property profile & analytics
OFF-MARKET Estimated value $3,500,000
Office buildings

1154 Highland Ave Cheshire, CT 06410-1662

25,397 SF 2.15 ac lot Built 2004
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US15-0469847
Property summary
AI-generated overview

This exceptional Class A office building, located at 1154 Highland Avenue in Cheshire, Connecticut, offers a prime opportunity for businesses seeking versatile and modern workspace. The single, three-story building, constructed in 2004, boasts a total of 30,000 square feet and comprises three suites. Currently, 11,000 square feet of space is available, with individual suites ranging from 3,200 to 6,400 square feet, catering to a variety of business needs. The property sits on a generous 2.15 acres of land in New Haven County, offering ample parking and visibility. Building amenities include elevators, key card access, full conference rooms, corner offices with abundant natural light, full kitchens, and ADA-accessible bathrooms. The building's location in Cheshire, CT (zip code 06410) provides convenient access to major transportation routes and local amenities. This is an ideal opportunity for businesses seeking high-quality, well-appointed office space in a desirable location. The property's multiple suite configuration allows for flexibility in tenant size and requirements. The building's modern design and comprehensive amenities create a professional and productive work environment. This is a rare opportunity to secure premium office space in a thriving Connecticut community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction CONCRETE
Total area 25,397 SF
Lot 2.15 ac (93,654 SF)
Zoning code I-1
APN CHES M:37 B:73 L:
UPID US15-0469847
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
  • John Testa, MD Physician
  • Gaylord Physical Therapy, Cheshire Physician
  • Eaton Chen Physician
  • Paul Fortgang Physician
  • Ronald Hirokawa Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.60M
Blend (final) Blend
$3.50M
Owner & transaction history
Rpg Highland LLC · 10 yrs held
Rpg Highland LLC
since 2015
3 recorded transactions
2015
$2.3M
2002
Price N/A
2000
$250,000
Zoning & alternative use
I-1 · Cheshire, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.7M +31.7%
Commercial (general) $2.9M +1.5%
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