161 Park Rd Putnam, CT 06260-3032
This exceptional 42,000 square foot industrial property in Putnam, Connecticut, presents a compelling investment opportunity. Situated on a generous 6.77-acre lot, this facility boasts a versatile layout ideal for distribution, warehousing, or manufacturing. The main building features approximately 42,000 square feet of space, complemented by an additional 6,000+ square feet of high-quality storage. A 2,200+ square foot office area provides ample administrative space. The property benefits from convenient access to I-395, ensuring efficient transportation. Infrastructure includes public water, sewer, and natural gas services, along with robust 3,000+ amp three-phase electrical service provided by Eversource. The building features a newer membrane roof (installed in 2015), ensuring long-term durability. Loading capabilities include one grade-level loading dock and two dock-high doors equipped with manual levelers and bumpers. The clear ceiling height is 13'4", offering ample vertical space for storage and operations. The property is air-conditioned for optimal comfort. The large paved lot provides extensive space for maneuvering and outdoor storage. Zoned I, this property is priced at $2,200,000, offering a compelling price per square foot of $52.38. Built in 1976, this well-maintained facility is ready for immediate occupancy.
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Phillips-Moldex Company Industrial Manufacturer Production Facility
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Royal Hardware & Home Improvement General Contractor
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
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.