Property profile

45 Connair Rd Orange, CT 06477

FOR LEASE
Showrooms
Property ID
US15-1219800
43,526 SF 3.4 ac lot Built 1987
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A modern office flex property located near I-95 (0.7 miles) and Boston Post Road, with recently updated interior finishes. The space features marble flooring, fresh paint, and high-quality LED lighting. The building is configured to support multiple suite sizes for different professional uses, including a lower-level area of approximately 1,800 square feet and a second floor offering three suites of approximately 2,000, 2,700, and 3,000 square feet. The second-floor suites can be leased individually or combined to create larger occupancy areas.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1987
Total area 43,526 SF
Lot 3.4 ac (148,104 SF)
Zoning code LI-2
APN ORAN M:3 B:1 L:20
UPID US15-1219800

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
  • HVAC Service General Contractor
  • Electronics & Wireless Store
  • Engineering Consultant
  • Real Estate Agency
  • Moving Company Logistics Company

Location

45 Connair Rd Orange, CT 06477
Orange metro Census 157100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$820k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.25M
Blend (final) Blend
$820k

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

LI-2 · Orange, CT
Zoning description

llowing classes of districts: District Map Code Residence RES Commercial C-1 District C-1 Commercial C-2 District C-2 Local Shopping Center LSC District LSC Light Industrial District #1 LI-1 Light Industrial District #2…

General category INDUSTRIAL

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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More about this property
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