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Property summary
The property is a commercial site in an industrial park, located off an I-95 on/off ramp at the end of a cul-de-sac. It comprises 10.48 acres and includes two buildings: a 2,850 sq ft pre-fabricated metal building with 450 sq ft of office space and a bathroom, and a 2,400 sq ft warehouse featuring a mezzanine and two grade-level loading docks. The most recent documented use was as a pipe company warehouse, office, and material yard. Approximately 2 acres of the site are fenced with a locking gate, allowing additional secured yard space and potential for further expansion, subject to applicable approvals. The property is accessed primarily by car, with a walk score of 10 and a bike score of 21.
Property profile
VerifiedCap rate & NOI
Current use
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Plumbing Service Building Supply
Location
Value estimations
Owner & transaction history
Zoning & alternative use
11 LI LIGHT INDUSTRIAL DISTRICTS 45 11A GATEWAY PLANNED DEVELOPMENT DISTRICT 48 12 SU SPECIAL USE DISTRICTS 71 12A SU-E SPECIAL USE ELDERLY HOUSING DISTRICTS 75 13 REMOVED 82 14 COASTAL AREA MANAGEMENT 83 15 FLOOD HAZARD…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
LI · East Lyme, CT11 LI LIGHT INDUSTRIAL DISTRICTS 45 11A GATEWAY PLANNED DEVELOPMENT DISTRICT 48 12 SU SPECIAL USE DISTRICTS 71 12A SU-E SPECIAL USE ELDERLY HOUSING DISTRICTS 75 13 REMOVED 82 14 COASTAL AREA MANAGEMENT 83 15 FLOOD HAZARD…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
11 LI LIGHT INDUSTRIAL DISTRICTS 45 11A GATEWAY PLANNED DEVELOPMENT DISTRICT 48 12 SU SPECIAL USE DISTRICTS 71 12A SU-E SPECIAL USE ELDERLY HOUSING DISTRICTS 75 13 REMOVED 82 14 COASTAL AREA MANAGEMENT 83 15 FLOOD HAZARD…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LI in East Lyme, CT.
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