160 Hawley Ln, Unit 1 Trumbull, CT 06611-5300
- Office Properties & Spaces
- 960 SF
Current Use by Public Records
- Trumbull Dental Arts / Dentist / Cosmetic Dentist
- Dr. Mark Waynik, MD / Psychiatrist
- Dr. Joann M. Smith, MD / Psychiatrist
- Waynik Group: Waynik Cyril MD / Psychiatrist
- The Waynik Group / Medical Group
Property Details for 160 Hawley Ln
- Year built
- 1980
- Property size
- 960 SF
- Property type
- Office Properties & Spaces
- APN
- TRUM M:K-10 L:00011 U:001
- APU
- TRUMMK10L00011U001
Description
This exceptional investment opportunity presents a portfolio of eight medical office condominiums totaling 16,662 square feet, situated at 160 Hawley Lane in Stratford, Connecticut, within Fairfield County. The property, built in 1982, is a two-story Class B building with a multi-tenant occupancy currently at 84%. Each unit is individually owned, offering flexibility and potential for diverse income streams. The property boasts ample parking, providing 140 spaces per 1,000 square feet, ensuring convenient access for patients and staff. The zoning is specifically permitted for medical use, making it ideal for a variety of healthcare practices. Its strategic location offers easy access to major roadways, including Routes 8 and 15, providing excellent connectivity for both patients and employees. Furthermore, the property benefits from its proximity to local shopping, dining, and banking amenities, enhancing its appeal and convenience. This portfolio represents a strong investment opportunity in a thriving medical market. The property's current occupancy rate and established location make it an attractive prospect for investors seeking a stable and potentially high-yielding asset in the Connecticut medical office sector.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $200,000
- 6.5%
- $205,000
- 7%
- $200,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $210,000
- Geo Method
- $215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $195,000
- Retail
- $160,000
- Mixed-Use
- $210,000
- Hospitality
- $195,000
- Educational
- $220,000
- Residential Income
- $215,000
- Energy
- $160,000
- Income-Based Land
- $200,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- Trumbull
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.1485
- Latitude
- 41.2349
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
