Property profile

32 Industrial Rd Prospect, CT 06712

FOR LEASE
Industrial land
Property ID
US15-0207729
3.7 ac lot
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 20,000 square foot industrial flex space at 32 Industrial Road presents a unique opportunity. The property, constructed in 2024, boasts a single-tenant occupancy and sits on a generous 5.57-acre lot. The building features a total of 12,200 square feet of immediately available space, comprised of eight individual units, each measuring 1,525 square feet (61' x 25'). Each unit is equipped with a private bathroom and a small office, making it ideal for a variety of businesses. The high ceilings, measuring 17 feet, provide ample vertical space, and each unit includes a 12' x 12' overhead door for easy loading and unloading. The property is zoned for industrial use and offers plenty of on-site parking. The units are designed for flexibility and can be combined to accommodate larger tenants. This is a rare opportunity to secure brand-new, modern flex space in a prime location. Contact us today to discuss your specific needs and explore the possibilities of combining units to create a customized workspace. Don't miss out on this chance to establish your business in this newly constructed, high-quality facility.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 3.7 ac (161,172 SF)
Zoning code IND
APN PROS M:105 B:68 L:32
UPID US15-0207729

Cap rate & NOI

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

Location

32 Industrial Rd Prospect, CT 06712
Prospect metro Census 347200 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

IND · Prospect, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message