Property profile

3 Inspiration Ln 1 Chester, CT 06412

FOR LEASE
Office buildings
Property ID
US15-0047785
4,000 SF 8.37 ac lot Built 2006
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,000 square foot office building at 3 Inspiration Lane in Chester, Connecticut, presents a unique opportunity for a single tenant. Ideally suited for executive, medical, or creative office uses, this property boasts a prime location offering convenient access to Route 9, ensuring easy commutes for employees and clients alike. The building's layout is highly functional, featuring eight individual offices, multiple conference rooms perfect for meetings and collaborations, a welcoming reception area, ample filing space to maintain organized records, and four half-bathrooms for staff and visitor convenience. Additionally, the property includes well-equipped kitchen areas, enhancing the overall functionality and comfort of the workspace. The ample parking available further adds to the property's appeal, ensuring convenient parking for both staff and visitors. Situated in Middlesex County, this Chester location provides easy access to the shoreline, Middletown, and surrounding communities, making it an attractive option for businesses seeking a strategic location with excellent accessibility. This single-tenant building offers a complete and ready-to-occupy workspace, eliminating the need for extensive renovations or build-outs. The property's versatile design caters to a variety of professional needs, making it an ideal choice for a range of businesses. The zip code is 06412.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction FRAME
Total area 4,000 SF
Lot 8.37 ac (364,597 SF)
Zoning code CDD
APN CHES M:13 B:5
UPID US15-0047785

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
  • Training Center
  • (Bike/Boat/Book/etc) Store
  • Training Center
  • Auto Repair Shop
  • Advertising Agency Marketing & Advertising

Location

3 Inspiration Ln, Unit 1 Chester, CT 06412
Chester metro Census 600100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2006
Price N/A
1969
Price N/A

Zoning & alternative use

CDD · Chester, CT
Zoning description

natory matter thereon, shall be considered a part hereof: Residential District R-2 Residential District R-1 Residential District R-1/2 Planned Residential District PRD Commercial District Controlled Development District…

General category UNKNOWN

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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