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    1579 Straits Tpke Middlebury, CT 06762
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    Property profile & analytics

    1579 Straits Tpke Middlebury, CT 06762


    • Commercial real estate
    • 15,491 SF
    Turnpike Office Park: Premier Office Space For Sale
    $295,000
    105,000 SF

    Turnpike Office Park: Premier Office Space

    Executive Suites, 105,000 SF, CT

    Waterbury, CT 06762
    View Listing
    Property ID
    US15-0429145
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    7%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Dr. James T Prado / Alternative Medicine Practice
    • Edmond Daniells, DC / Alternative Medicine Practice
    • Ct Center-Advanced Vein Therapy / Medical Clinic
    • Pain & Spine Specialists of CT / Physician
    • Score Physical Therapy LLC / Physician

    Property Details for 1579 Straits Tpke

    Year built
    1978
    Property size
    15,491 SF
    Property type
    Commercial real estate
    APN
    MIDD M:4-08 L:427-TP1A1000
    APU
    MIDDM408L427TP1A1000

    Description

    This exceptional Class A office space, part of the prestigious Turnpike Office Park, offers 2,001 square feet of move-in ready executive office space. Located in New Haven County, this property boasts a prime location within a larger 105,000 square foot building, formerly the Timex World Headquarters. Built in 2017, the three-story building features ample parking with 425 spaces available. The suite itself is part of a multi-tenant building, offering a professional and collaborative environment. The expansive 32-acre lot provides a park-like setting, enhancing the overall appeal and accessibility. The property is zoned for commercial use, ensuring flexibility for a variety of businesses. This is a rare opportunity to secure high-quality office space in a desirable location. The suite is immediately available, offering a seamless transition for your business. With its modern design and convenient amenities, this executive office suite is perfect for businesses seeking a sophisticated and efficient workspace. The building's impressive size and ample parking ensure convenience for employees and clients alike. Don't miss this chance to establish your business in this exceptional location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,680,000
      ML approach
      $2,795,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,135,000
      6.5%
      $2,895,000
      7%
      $2,690,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,938,000
      Market price range: $561k - $3.03M
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $2,265,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0919
    Latitude
    41.5521
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $43,732
    $0.00
    $1,355,600
    $1,355,600
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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