Property profile

317 Riggs St Oxford, CT 06478

FOR SALE
Industrial land
Property ID
US15-0972167
2.83 ac lot
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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317 Riggs St, Oxford, CT 06478 For Sale
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317 Riggs St, Oxford, CT 06478
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Property summary

AI-generated overview

This exceptional 2.83-acre industrial land parcel, located at 317 Riggs Street in Oxford, Connecticut (APN 25-18-4-2), presents a compelling investment opportunity. Priced at $295,000, this level and dry lot is ready for immediate development. The property is zoned for industrial use and boasts convenient access to major transportation arteries, including I-84 and Route 8, ensuring seamless logistics and efficient distribution. All essential municipal utilities—water, sewer, and gas—are readily available on-site. Its strategic location within a thriving business park further enhances its appeal. The property's eligibility for potential tax abatements through the Airport Enterprise Zone program offers significant long-term cost savings. This is a rare opportunity to acquire a well-situated, fully serviced industrial land parcel in a desirable Connecticut location. The property's size and location make it ideal for a variety of industrial uses. Detailed site plans and zoning information are available upon request. Don't miss this chance to secure this prime industrial land in Oxford, CT.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.83 ac (123,275 SF)
Zoning code IND
APN OXFO M:25 B:18 L:4-2
UPID US15-0972167

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

317 Riggs St Oxford, CT 06478
Oxford metro Census 346102 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
$167,000
2016
Price N/A
2006
$109,600
1969
Price N/A

Zoning & alternative use

IND · Oxford, 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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