Property profile

360 Prospect St Naugatuck, CT 06770

FOR LEASE
Industrial properties
Property ID
US15-0454145
15,720 SF 12.2 ac lot Built 1950
Individually Owned 28-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,056-square-foot warehouse, located at 360 Prospect Street in Naugatuck, Connecticut, presents a fantastic opportunity for businesses seeking a functional and conveniently located industrial space. Built in 1950, this two-story building offers a single-tenant occupancy, providing complete privacy and control over the entire space. The entire 1,056 square feet is currently vacant and ready for immediate occupancy. The property is zoned for industrial use, making it ideal for a variety of businesses. Its location in Naugatuck, CT, zip code 06770, offers easy access to major transportation routes, streamlining logistics and distribution. The building's age reflects its established presence within the community, offering a solid foundation for any business looking to establish or expand its operations. This property is perfect for a business needing a self-contained warehouse space without the need to share facilities with other tenants. The property's single-tenant status ensures exclusive use of the entire building, providing a high degree of operational independence and control. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is ready for immediate occupancy.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1950
Construction STEEL FRAME
Total area 15,720 SF
Lot 12.2 ac (531,432 SF)
Zoning code R15
APN NAUG M:026 L:5010
UPID US15-0454145

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
  • General Contractor
  • General Contractor

Location

360 Prospect St Naugatuck, CT 06770
Naugatuck metro Census 345100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 1997
3 recorded transactions
1997
$575,000
1988
Price N/A
1987
Price N/A

Zoning & alternative use

R15 · Naugatuck, 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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