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    OFF-MARKET Estimated value $1,835,000
    Retail space

    50 Waterbury Rd, Prospect, CT 06712-1258

    15,040 SF 5.16 ac lot Built 2007
    Entity Owned Free & Clear
    Property ID
    US15-1023879
    Property summary
    AI-generated overview

    This exceptional executive office suite, located at 50 Waterbury Road in Prospect, Connecticut, offers 570 square feet of move-in ready space within a larger 15,000 square foot building. The single-tenant occupancy provides privacy and control, ideal for a small business or professional seeking a prestigious address. The suite boasts a 9-foot ceiling height, contributing to a spacious and comfortable work environment. Ample parking is available on the 5.16-acre lot, ensuring convenient access for employees and clients. The property is zoned B and is located in New Haven County, offering easy access to major transportation routes. The building's electrical service is a robust 200 amps, providing sufficient power for modern office equipment and technology. This is a fantastic opportunity for a business seeking a well-maintained, conveniently located, and professionally appointed office space in a desirable Connecticut town. The zip code is 06712. The property is currently available for lease. This executive office suite presents a unique opportunity to establish a thriving business in a prime location. The building's size and ample parking provide a professional and welcoming atmosphere for clients and employees alike. The convenient location and robust power supply make this an ideal space for a variety of businesses.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2007
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 15,040 SF
    Lot 5.16 ac (224,770 SF)
    Zoning code B
    APN PROS M:109 B:160 L:50
    UPID US15-1023879
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mirabelle's Italian Restaurant Restaurant
    • Vallillo Paul R Law Firm Financial Advisor
    • Style Studio Clothing & Fashion Store
    • Compassion N Care Home Health Care Service
    • Cross Pointe Nutrition Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.96M
    Comparable Approach Comparable
    $1.77M
    Blend (final) Blend
    $1.84M
    Owner & transaction history
    PAULMAR ASSOCIATES
    PAULMAR ASSOCIATES
    Zoning & alternative use
    B · Prospect, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.2M +80.3%
    Apartment house (5+ units) $1.5M +21.6%
    Auto repair, garage $1.4M +11.8%
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