321 Research Pkwy, Meriden, CT 06450
- Showrooms
- 51,354 SF
- 5.12 lot acres
Current Use by Public Records
- Horton Paul C MD / Physician
- State Police Credit Union / Credit Union
- Breathtaking Portable Toilets Meriden / Building Supply
- Dr. Bernard J. Langenauer, MD / Physician
- Cox Kevin / Insurance Agency
Property Details for 321 Research Pkwy
- Year built
- 1984
- Construction
- CONCRETE
- Lot size
- 5.12 lot acres
- Zone code
- M-1
- Property type
- Showrooms
- APN
- MERI M:917 B:322 L:4
- APU
- MERIM917B322L4
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 27, 2014 | $7,500,000 | Siebar Meriden LLC | We Research Parkway LLC | Warranty Deed | $3.4M · Peoples Bank Holyoke |
| Oct 19, 2012 | — | We Research Parkway LLC | — | Deed Of Trust · related | $3M · Farmington Savings Bank |
| Apr 17, 2003 | — | We Research Pky LLC | — | Deed Of Trust · related | $3M · Citizens Bank Of Ma |
| Apr 20, 2000 | $3,500,000 | We Research Pkwy LLC | Anthem Hlth Plans INC | Grant Deed | — |
| Aug 4, 1997 | $2,700,000 | Anthem Health Plans | Blue Cross & Blue Shie | Grant Deed | — |
| Apr 3, 1987 | $5,450,000 | Cross Blue Sheild Blue | D B Develop Co | Grant Deed | — |
Description
This exceptional Meriden, CT office building at 321 Research Parkway offers 51,354 square feet of versatile space, ideal for businesses seeking executive or traditional office environments. The property features one three-story building constructed in 1984 and extensively renovated in 2012, boasting a Class B rating. Two suites are currently available, ranging from 2,621 to 4,716 contiguous square feet, providing flexibility for various business needs. Suite 201 (4,716 sq ft) includes private offices, a conference room, and a kitchen, while Suite 210 (2,621 sq ft) offers private offices and a conference room. The building benefits from 199 parking spaces and a passenger elevator. Recent renovations encompass common areas, restrooms, tenant spaces, and exterior landscaping and parking. The property's convenient location offers easy access to I-91/Route 15, I-691, and I-84, with nearby amenities including hotels, restaurants, and retail options on East Main Street. The 5.26-acre lot is zoned M-1. This is a fantastic opportunity for companies seeking modern, well-maintained office space in a strategic location. Minimum divisible space is 2,621 square feet. Total vacant space is 7,337 square feet.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,539,000
- AI Estimate
- $3,146,000
Market price range: $2.15M - $6.31MMarket price range: $1.58M - $5.77M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $4,100,000 Current use
- RETAIL STORES
- $5,570,000 Change: +36% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $4,715,000 Change: +15% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $4,660,000 Change: +14% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $3,630,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Meriden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.7651
- Latitude
- 41.5181
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
