Property profile

1565 Monroe Tpke Monroe, CT 06468

OFF-MARKET
Showrooms
Property ID
US15-0176278
32,315 SF 6.14 ac lot Built 1976
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,000 square foot flex space is situated within a larger 20,250 square foot industrial building located at 1565 Monroe Turnpike in Monroe, Connecticut, zip code 06468. The property, classified as Class B, boasts a single story design with an impressive 18-foot ceiling height. Built in 1984 and renovated in 2021, the building offers modern amenities alongside its established presence. The space includes convenient access to three loading docks and one drive-in door, making loading and unloading efficient. Ample parking is available with 45 total spaces. The property is zoned for Business District 2 use. This particular unit offers 1,000 square feet of refrigerated space, ideal for various businesses requiring temperature-controlled storage, and includes a private office. The building is currently multi-tenant. This prime location in Monroe, CT offers easy access to major transportation routes, making it an ideal location for businesses seeking convenient logistics and a functional workspace. Don't miss this opportunity to secure this well-maintained and strategically located flex space.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1976
Construction STEEL FRAME
Total area 32,315 SF
Lot 6.14 ac (267,458 SF)
APN MONR M:150 B:001 L:02
UPID US15-0176278

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • Church
  • Wedding Service

Location

1565 Monroe Tpke Monroe, CT 06468-1400
Monroe metro Census 100300 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.57M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2021
Last sale
$995,000
3 recorded transactions
2024
Price N/A
2024
Price N/A
2021
$995,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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