Property profile

426 Salem Tpke Bozrah, CT 06334

FOR LEASE
Office buildings
Property ID
US15-1013737
10,476 SF 2.5 ac lot Built 1976
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional two-story commercial property, totaling 2,340 square feet, offers two available suites in a vibrant location. The first floor boasts 1,500 square feet of versatile space, perfect for executive offices or coworking. This floor plan includes a reception area, lobby, open floor plan, and three private offices. Rent is $1,800 per month, gross plus utilities. The second floor comprises 840 square feet, featuring two offices and a file room, ideal for smaller businesses or medical practices. Monthly rent is $1,200, gross plus utilities. The building sits on a 2.5-acre lot, zoned HC, and enjoys high visibility with a daily traffic count of 6,300 vehicles. Its convenient location just beyond the Norwich town line provides easy access to I-395. The property is currently multi-tenant, with established businesses including Bozrah Pizza, Currie's Plumbing & HVAC, and Small Jay CPA as neighbors. This presents a unique opportunity for businesses seeking flexible and well-located office space in a thriving community. The maximum contiguous space available is 1,500 square feet.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1976
Construction FRAME
Total area 10,476 SF
Lot 2.5 ac (108,900 SF)
Zoning code HC
APN BOZR M:19 L:071
UPID US15-1013737

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
  • Insurance Agency
  • Hardware & Home Improvement HVAC Service
  • Restaurant
  • Tax Preparation

Location

426 Salem Tpke Bozrah, CT 06334
Bozrah metro Census 713100 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
$813k
Blend (final) Blend
$680k

Owner & transaction history

since 2023
Last sale
$700,000
4 recorded transactions
2023
$700,000
2013
Price N/A
1998
Price N/A
1993
$200,000

Zoning & alternative use

HC · Bozrah, 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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