458 Wolcott Rd Wolcott, CT 06716-2639
- Industrial properties
- 2.11 lot acres
Current Use by Public Records
- Kimberly Charles Salon / Beauty Salon
Property Details for 458 Wolcott Rd
- Lot size
- 2.11 lot acres
- Zone code
- GC
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- WOLC M:108A B:5 L:308
- APU
- WOLCM108AB5L308
Description
This 1,000 square foot, newly renovated office space is available for lease in Wolcott, Connecticut. Located on the second floor of a two-story, 1,908 square foot building constructed in 1961, this versatile space offers a variety of possibilities for businesses seeking a modern and functional workspace. The suite boasts brand new flooring, lighting, and paint, along with central air conditioning, private offices, ample storage, and a newly installed half bathroom. Its adaptable layout can accommodate a range of business types. The building is situated in a high-traffic retail area, benefiting from a large parking lot with over 100 spaces and prominent signage visible to thousands of vehicles daily. The location offers excellent visibility and accessibility. A ground floor salon and a nearby medical office building provide complementary businesses in the immediate vicinity. The property is zoned commercial and is suitable for creative, traditional, or executive office uses. This is a rare opportunity to secure a well-appointed, conveniently located office space in a thriving commercial area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,725,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,680,000
- 6.5%
- $1,785,000
- 7%
- $1,820,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,745,000
- Geo Method
- $1,835,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,770,000
- Retail
- $1,600,000
- Mixed-Use
- $1,640,000
- Hospitality
- $1,985,000
- Educational
- $1,635,000
- Residential Income
- $1,655,000
- Energy
- $1,980,000
- Income-Based Land
- $1,745,000
- Food Service
- $1,495,000
Location Insight
- Map
- Local Demand
- City
- Wolcott
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9892
- Latitude
- 41.5909
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
