Property profile

309 Boston Post Rd Old Saybrook, CT 06475

OFF-MARKET
Showrooms
Property ID
US15-0666633
6,250 SF 0.89 ac lot Built 1984
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,650-square-foot flex space, located at 309 Boston Post Road in Old Saybrook, Connecticut, presents a unique opportunity for businesses seeking a versatile and well-maintained property. The main floor encompasses 4,250 square feet of usable space, complemented by an additional 400 square feet on the second floor. The building boasts a 14-foot clear height, enhancing functionality and storage capacity. Access is provided by one 14-foot overhead door and three 12-foot overhead doors, facilitating efficient loading and unloading. The space is zoned B-4 and features two bathrooms, two offices, and a break room, providing ample space for administrative functions. The shop area includes two space heaters for added comfort. The building is equipped with a sprinkler system for fire safety and benefits from 200 AMP electric service, city water, septic, and gas. This well-maintained property is situated in a high-traffic area with an average daily traffic count of 13,800 vehicles, ensuring excellent visibility and accessibility. The asking rent is $15 per square foot, plus NNN charges. This prime location in Middlesex County offers a blend of industrial and office space, ideal for a variety of businesses.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1984
Construction STEEL FRAME
Total area 6,250 SF
Lot 0.89 ac (38,768 SF)
Zoning code B4
APN OSAY M:042 B:014 L:1
UPID US15-0666633

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
  • Ambulance Service

Location

309 Boston Post Rd Old Saybrook, CT 06475-1569
Old Saybrook metro Census 670200 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2012
5 recorded transactions
2012
$1
2012
Price N/A
2007
Price N/A
2005
$750,000
2003
$550,000

Zoning & alternative use

B4 · Old Saybrook, 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
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