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    Property profile & analytics

    40 Research Pkwy Old Saybrook, CT 06475-4254

    • Industrial properties
    • 21,131 SF
    • 3.60 lot acres
    OFF-MARKET
    Value Estimation
    $1,545,000
    Last Sale
    Dec 20, 2023
    $1,400,000
    Location Intelligence
    Property ID
    US15-0832063
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 40 Research Pkwy

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    3.60 lot acres
    Property size
    21,131 SF
    Zone code
    I1
    Property type
    Industrial properties
    APN
    OSAY M:039 B:008 L:2
    APU
    OSAYM039B008L2

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,360,000
      6.5%
      $1,425,000
      7%
      $1,395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,570,000
      Geo Method
      $1,565,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,560,000
      Retail
      $1,600,000
      Mixed-Use
      $1,265,000
      Hospitality
      $1,530,000
      Educational
      $1,660,000
      Residential Income
      $1,475,000
      Energy
      $1,395,000
      Income-Based Land
      $1,685,000
      Food Service
      $1,395,000

    Location Insight

    • Map
    • Local Demand
    City
    Old Saybrook
    County
    Middlesex
    State
    Connecticut
    Longitude
    -72.3868
    Latitude
    41.2977
    CBSA code
    25540
    CBSA name
    HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $16,117
    $257,800
    $802,500
    $1,060,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22.77 Acres

      90 Ingham Hl Rd

      INDUSTRIAL (GENERAL) • 22.77 Acres
      90 Ingham Hl Rd, Old Saybrook, CT 06475-4136
      View Details
    • Value Estimation by Request
      21,035 SF

      20 Research Pkwy

      INDUSTRIAL (GENERAL) • 21,035 SF
      20 Research Pkwy, Old Saybrook, CT 06475-4214
      View Details
    • Value Estimation
      $375,000
      2,586 SF

      4 Ctr Rd

      CONDOMINIUMS (INDUSTRIAL) • 2,586 SF
      4 Ctr Rd, Old Saybrook, CT 06475-4007
      View Details
    • Value Estimation
      $310,000
      0.50 Acres

      418 Middlesex Tpke

      INDUSTRIAL (GENERAL) • 0.50 Acres
      418 Middlesex Tpke, Old Saybrook, CT 06475
      View Details
    • Value Estimation
      $425,000
      10,560 SF

      146 Elm St

      INDUSTRIAL (GENERAL) • 10,560 SF
      146 Elm St, Old Saybrook, CT 06475-4130
      View Details
    • Value Estimation
      $400,000
      14,800 SF

      44 Frd Dr

      INDUSTRIAL (GENERAL) • 14,800 SF
      44 Frd Dr, Old Saybrook, CT 06475-1508
      View Details

    Similar Nearby for Sale

    • $1,900,000

      Light Industrial Warehouse Office Property

      Well-maintained 31,414 SF property near I-95 and Route 9.
      35 Research Pkwy, Old Saybrook, CT 06475
      View Details
    • $1,900,000
      31,414 SF

      Industrial Property with Flexible Space

      Well-maintained industrial property with warehouse and office space for sale.
      55 Research Pkwy, Old Saybrook, CT 06475
      View Details
    • Contact for pricing
      1,225 SF

      Old Saybrook Retail Center

      Prime Old Saybrook location, multiple units available.
      196 Main St, Old Saybrook, CT 06475
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    • $699,500
      8.11 Acres

      Waterfront Agricultural Land in Old Saybrook

      8.1-acre waterfront lot on Oyster River, ideal for organic farming.
      60 Ingham Hill Rd, Old Saybrook, CT 06475
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    • $3,750,000

      Specialty Property For Sale

      Specialty property available for purchase.
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    • $1,045,000

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      Specialty property available for sale in Old Saybrook, CT.
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    Similar Nearby for Lease

    • $1,463 /Mo
      1,363 SF

      Industrial Space Near I-95 Exit

      1,363 SF industrial space for lease near I-95.
      65 Research Pkwy, Old Saybrook, CT 06475
      View Details
    • $8 SF/Yr
      9,413 SF

      Versatile Flex Space for Lease

      9,413 SF flex space suitable for office, R&D, manufacturing.
      20 Research Pkwy, Old Saybrook, CT 06475
      View Details
    • $1,500 /Mo
      Pending

      Old Saybrook Industrial Flex Space

      880 sqft industrial flex space for lease in Old Saybrook.
      50 Research Pkwy, Old Saybrook, CT 06475
      View Details
    • $15 SF/Yr
      6,650 SF

      Well-Kept Shop/Flex Space Available

      6,650 SF shop/flex space for lease.
      309 Boston Post Road Pl, Old Saybrook, CT 06475
      View Details
    • Contact for pricing
      55,840 SF

      Prime Old Saybrook Retail Space

      High-traffic retail center, flexible spaces available.
      1654 Boston Post Rd, Old Saybrook, CT 06475
      View Details
    • Contact for pricing
      4,600 SF

      Versatile Retail/Medical/Restaurant Space Available

      Prime location suitable for retail, medical, or restaurant ventures.
      75 Main St, Old Saybrook, CT 06475
      View Details
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    40 Research Pkwy
    Old Saybrook, CT 06475-4254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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