You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

2 Morse Rd Oxford, CT 06478

Showrooms Google Maps
25,898 SF 3.96 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$1.20M
Range $1.08M – $1.31M (±10%)
Property ID US15-1008431

Property summary

AI-generated overview

This exceptional 33,000 square foot commercial property at 2 Morse Road in Oxford, Connecticut, presents a unique investment opportunity. Built in 1988 and renovated in 2003, this three-story building boasts a desirable blend of executive office and warehouse space, perfectly suited for a variety of businesses. The property sits on a generous 3.96-acre lot and includes ample parking for 60 vehicles, along with two convenient loading docks. The upper level offers approximately 14,000 square feet of well-appointed office space, while the main level provides approximately 15,000 square feet of production or warehouse area. A lower-level warehouse adds another 4,000 square feet of functional space. The building features impressive 11-foot ceilings. Currently, the property generates a substantial net operating income (NOI) of $288,000 annually, with a lease in place through December 21, 2026, including a three-year option to extend. The lease includes pre-determined rent increases for the years 2025 and 2026. The property is zoned for industrial use, offering flexibility and potential for future expansion. Asking price is $3,200,000. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Connecticut location.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1988
Construction STEEL FRAME
Total area 25,898 SF
Lot 3.96 ac (172,498 SF)
Zoning code IND
APN OXFO M:18 B:32 L:6-A-2
UPID US15-1008431

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Factory Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.20M

Owner & transaction history

Zoning & alternative use

IND · Oxford, CT

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message