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    687 Straits Tpke Middlebury, CT 06762
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    Property profile & analytics

    687 Straits Tpke Middlebury, CT 06762


    • Showrooms
    • 17,742 SF
    • 1.80 lot acres
    Medical Office Building For Rent For Sale
    $1,900,000
    6,106 SF

    Medical Office Building For Rent

    Turn-key medical office space available with convenient highway access.

    687 Straits Tpke, Middlebury, CT
    View Listing
    Property ID
    US15-1247329
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Meredith Carbone-Doyle, DO / Medical Clinic
    • Jessica Bursell, PA-C / Physician
    • Naugatuck Valley Ob/gyn Asscts / Physician
    • David Polke, MD / Physician
    • Rachel Leonardi, DO / Physician

    Property Details for 687 Straits Tpke

    Year built
    1990
    Construction
    STEEL FRAME
    Lot size
    1.80 lot acres
    Property size
    17,742 SF
    Zone code
    CA40
    Property type
    Showrooms
    APN
    MIDD M:4-06 L:440
    APU
    MIDDM406L440

    Description

    This exceptional three-story, 17,742 square foot Class B office building, constructed in 1990, presents a unique leasing opportunity in Middlebury, CT. Situated on 1.8 acres of land, the property offers ample parking and boasts excellent visibility thanks to a large pylon sign. Three suites are currently available, ranging from a minimum of 850 square feet to a maximum contiguous space of 6,000 square feet. The building features a variety of configurations to suit diverse needs, including medical, traditional, and creative office spaces. Suite options include waiting areas, private offices, exam rooms, restrooms, kitchens, and storage closets. The largest suite (approximately 6,000 sq ft) offers a comprehensive layout ideal for a medical practice, encompassing multiple private doctor's offices, exam rooms, a large waiting area, and ample support spaces. The building is conveniently located with easy access to I-84 and Route 8. The property features 8-foot ceilings and is professionally managed. Zoned CA40, the building offers a versatile space for various business types. Taxes are $2.69 per square foot. The building includes elevators. Utilities are not included in the lease rates. Sewer costs are an additional $327 per month for the largest suite.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,957,000
      Market price range: $642k - $3.47M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,235,000
      Current use
      RESTAURANT
      $2,595,000
      Change: +110% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,750,000
      Change: +42% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,610,000
      Change: +30% Conversion: Difficult
      OFFICE BUILDING
      $1,445,000
      Change: +17% Conversion: Easy
      RETAIL STORES
      $1,440,000
      Change: +16% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,045,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Middlebury
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0847
    Latitude
    41.5283
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $44,167
    $364,100
    $1,005,000
    $1,369,100
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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