Technical
Financial
Distress signals
Property profile

193 Marsh Hill Rd Orange, CT 06477

FOR SALE
Industrial properties
Property ID
US15-0609399
21,840 SF 3.71 ac lot Built 1968
Individually Owned 30-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 21,840-square-foot mixed-use property, located at 193 Marsh Hill Road in Orange, Connecticut, presents a unique investment opportunity. The single-story, 1968-built building sits on a generous 3.71-acre lot and is classified as Class B. Its versatile zoning (LI-2) allows for a variety of uses, including lab space, office space, manufacturing, warehousing, public storage, and more. The building's construction features steel, concrete block, brick, and decorative stone, complemented by skylights. The property boasts ample parking with 50 surface spaces. Its strategic location offers unparalleled accessibility, being less than a quarter-mile from Exit 41 of I-95, providing easy access to the bustling retail corridor along the Boston Post Road. High daily traffic volume, with an estimated 21,000 cars passing by daily, ensures significant visibility and potential for increased business. This property is an ideal choice for businesses seeking a functional and conveniently located space in a thriving Connecticut market. The building's size and zoning flexibility offer significant potential for expansion and adaptation to various business needs. This is a rare opportunity to acquire a well-situated, versatile property in a high-traffic area.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1968
Construction CONCRETE
Total area 21,840 SF
Lot 3.71 ac (161,608 SF)
Zoning code LI-2
APN ORAN M:14 B:4 L:2
UPID US15-0609399

Cap rate & NOI

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

Location

193 Marsh Hill Rd Orange, CT 06477
Orange metro Census 157100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$645k
CAP Approach CAP
by Request
Comparable Approach Comparable
$886k
Blend (final) Blend
$645k

Owner & transaction history

since 1996
1 recorded transaction
1996
$22,000

Zoning & alternative use

LI-2 · Orange, CT
Zoning description

llowing classes of districts: District Map Code Residence RES Commercial C-1 District C-1 Commercial C-2 District C-2 Local Shopping Center LSC District LSC Light Industrial District #1 LI-1 Light Industrial District #2…

General category INDUSTRIAL

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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