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Property profile & analytics
OFF-MARKET
Manufacturing properties

40 Johnson Rd Bethany, CT 06524-3304

10,194 SF 2 ac lot Built 1960
Entity Owned 4-yr Hold Free & Clear
Property ID
US15-0977537
Property summary
AI-generated overview

This Bethany, CT industrial property, located at 40 Johnson Rd (cross streets: Fairview and Pole Hill), offers a unique opportunity for various businesses. The single-story, 10,194 square foot warehouse, built in 1960, sits on a 2-acre lot (80,000 square feet) and is zoned R-65. Currently, 5,200 square feet of space is available for lease, divisible into units as small as 1,200 square feet, with a maximum contiguous space of 5,200 square feet. The building features a 14-16 foot ceiling height, one loading dock, one dock-high door, and one drive-in door. Ample parking is available with 25+ spaces. The property is ideal for storage of trucks, equipment, or machinery. Note that there is no power or water currently available on site. Outdoor yard space of approximately 3,500+ square feet is also available for lease, suitable for storing bulk materials such as stone, mulch, sand, salt, or wood. Lease rates vary depending on space requirements

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Construction STEEL FRAME
Total area 10,194 SF
Lot 2 ac (87,120 SF)
Zoning code R-65
APN BETH M:112 B:8A
UPID US15-0977537
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Elm City Properties INC · 4 yrs held
Elm City Properties INC
since 2021
Last sale
$210,000
5 recorded transactions
2021
$210,000
2016
$90,000
1997
Price N/A
1991
$275,000
1989
$30,000
Zoning & alternative use
R-65 · Bethany, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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