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Property profile & analytics
OFF-MARKET Estimated value $545,000
Manufacturing properties

207 Middlesex Ave Chester, CT 06412-1221

6,538 SF 1.21 ac lot Built 1947
Individually Owned Free & Clear
Property ID
US15-0811761
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1947
Construction FRAME
Total area 6,538 SF
Lot 1.21 ac (52,708 SF)
Zoning code C
APN CHES M:9 B:14
UPID US15-0811761
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$760k
Blend (final) Blend
$545k
Owner & transaction history
DAVID MORROW
DAVID MORROW
Zoning & alternative use
C · Chester, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(C) COMMERCIAL MOTOR VEHICLES (SPECIAL PRINCIPAL USES) The parking or storing of any commercial motor vehicles accessory to a use described in 60A.2 is prohibited except as expressly authorized by the special exception authorizing such use. (D) BUILDINGS No building accessory to a use described in Section 60A.1 or 60A.2 shall be used for residence purposes u…

Zone name Commercial
General category COMMERCIAL
Zone area 7.58 ac
Top alternative use upside
Commercial (general) $895,000 +64.1%
Apartment house (5+ units) $695,000 +27.6%
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