302 Merwin Ave Milford, CT 06460-7908
- Showrooms
- 1,296 SF
- 0.33 lot acres
Current Use by Public Records
- Reliable Dental Care / Dentist
- Thomas Thalody / Dentist / Practitioner Service Location
Property Details for 302 Merwin Ave
- Year built
- 1953
- Construction
- FRAME
- Lot size
- 0.33 lot acres
- Property size
- 1,296 SF
- Zone code
- R12.
- Property type
- Showrooms
- APN
- MILF M:70 B:749 L:5
- APU
- MILFM70B749L5
Description
This 1,296 square foot commercial building, situated on a 0.33-acre lot at 302 Merwin Avenue in Milford, CT, presents a fantastic opportunity for a variety of businesses. Currently operating as a dental practice, this property boasts a prime location with high visibility and significant traffic flow due to its proximity to New Haven Avenue and an established strip mall directly across the street. The building's interior is well-suited for medical offices, dental practices, or walk-in clinics. The main level features a spacious waiting room, a reception area, three rooms equipped for dental procedures (equipment negotiable), a bathroom, and a back office. The asking price of $489,900 includes the property and structure
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $385,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $340,000
- Retail
- $300,000
- Mixed-Use
- $315,000
- Hospitality
- $330,000
- Educational
- $330,000
- Residential Income
- $405,000
- Energy
- $390,000
- Income-Based Land
- $395,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9975
- Latitude
- 41.2288
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA