Property profile

321 Dogburn Ln Orange, CT 06477

OFF-MARKET
Showrooms
Property ID
US15-0605559
2,760 SF 1 ac lot Built 1949
Trust Owned 8-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2,760 square foot commercial property, situated on a one-acre lot at 321 Dogburn Lane in Orange, Connecticut, presents a unique investment opportunity. Currently operating as a veterinary practice, the building will be vacant as of March 1, 2025, offering a clean slate for a new owner. The property boasts a newly paved parking lot with eighteen spaces, ensuring ample parking for clients or employees. The building's HVAC system is modern and efficient, featuring two central air units that are only two years old. Further enhancing its appeal, the furnace and well water system located in the basement were recently installed, just one year ago. The roof, approximately twelve years old, provides reliable protection. Its convenient location near Post Road offers excellent visibility and accessibility. Access to the building requires an appointment, available on Wednesdays and Sundays during daytime hours or after 5 PM, and other days by appointment. This property is ideal for a variety of commercial uses and represents a compelling investment opportunity in a desirable location. The combination of a spacious building, ample parking, and recent upgrades makes this a truly attractive proposition.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1949
Construction FRAME
Total area 2,760 SF
Lot 1 ac (43,560 SF)
Zoning code C-2
APN ORAN M:44 B:3 L:2
UPID US15-0605559

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
  • Veterinary Clinic
  • Veterinary Clinic

Location

321 Dogburn Ln Orange, CT 06477-3102
Orange metro Census 157100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
1990
Price N/A
1988
$350,000

Zoning & alternative use

C-2 · Orange, CT
Zoning description

Permitted uses. § 383-42 Special uses. § 383-43 Prohibited uses. § 383-44 Lot area, shape and frontage. § 383-45 Height. § 383-46 Setbacks. § 383-47 Building bulk and coverage. § 383-48 Site plan. Article VI Commercial C…

General category COMMERCIAL

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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