300 Railroad Hill St Waterbury, CT 06708
- Manufacturing properties
- 86,400 SF
- 1.89 lot acres
Current Use by Public Records
- Home Design Imports / Furniture Wholesaler
Property Details for 300 Railroad Hill St
- Year built
- 1950
- Lot size
- 1.89 lot acres
- Property size
- 86,400 SF
- Zone code
- IG
- Property type
- Manufacturing properties
- APN
- WBRY M:0437 B:0322 L:0020
- APU
- WBRYM0437B0322L0020
Description
This exceptional industrial property, located at 300 Railroad Hill Street in New Haven County, offers a unique opportunity for manufacturing or warehousing businesses. The single-tenant building boasts a total of 90,000 square feet, with 11,000 square feet currently available for lease. Built in 1950 and renovated in 1970, the property sits on a 2.2-acre lot and features a single story with a generous 14'6" ceiling height. The building is equipped with one loading dock and one drive-in door, providing convenient access for loading and unloading goods. Electrical service is provided by a 200-amp, 120/208-volt system. The property is zoned IG, making it ideal for a variety of industrial uses. Its strategic location offers excellent highway access, enhancing logistical efficiency. The asking lease rate is $5.00 NNN per square foot. This property presents a compelling opportunity for businesses seeking a well-maintained, spacious industrial facility in a prime location. The combination of ample space, convenient loading options, and excellent accessibility makes this an attractive option for a variety of industrial operations. Don't miss this chance to secure a valuable asset in a thriving industrial market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $505,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $495,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $525,000
- Retail
- $500,000
- Mixed-Use
- $550,000
- Hospitality
- $505,000
- Educational
- $585,000
- Residential Income
- $435,000
- Energy
- $525,000
- Income-Based Land
- $500,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- Waterbury
- County
- New Haven
- State
- Connecticut
- Longitude
- -73.0397
- Latitude
- 41.5355
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
