400 Goodrich St Hamden, CT 06517-3125
- Warehouses
- 9,850 SF
- 0.28 lot acres
Current Use by Public Records
- TRI-CON CONSTRUCTION MANAGERS, LLC / Construction Company
- Women’s Empowerment Mural / Art Gallery
Property Details for 400 Goodrich St
- Year built
- 1950
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.28 lot acres
- Property size
- 9,850 SF
- Zone code
- T4
- Property type
- Warehouses
- APN
- HAMD M:2125 B:451 L:00-0000
- APU
- HAMDM2125B451L000000
Description
This exceptional commercial property at 400 Goodrich Street, Hamden, CT, presents a unique investment opportunity. The building boasts a total of 19,700 square feet situated on a 0.28-acre lot. The property is ideally suited for a variety of uses, offering a versatile layout to accommodate diverse business needs. A significant portion of the building, 9,850 square feet, comprises finished office space. This area includes seven private offices, two reception desks, a welcoming entry foyer, a large conference room, an employee break room, a dedicated computer room, and three oversized bathrooms. The remaining 9,850 square feet is dedicated to unfinished warehouse space, providing ample room for storage or light industrial operations. This area features three convenient steel roll-up doors for easy loading and unloading. The property's strategic location, just minutes from the vibrant centers of New Haven and Hamden, offers excellent accessibility and visibility. Detailed interior plans and comprehensive reports are available for review upon request. This property represents a rare chance to acquire a substantial commercial space in a highly desirable location with significant upside potential. The asking price is $650,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $280,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $350,000
- 6.5%
- $380,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $390,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $375,000
- Mixed-Use
- $365,000
- Hospitality
- $315,000
- Educational
- $350,000
- Residential Income
- $330,000
- Energy
- $340,000
- Income-Based Land
- $385,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Hamden
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9344
- Latitude
- 41.3355
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA