Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    7 Hurlbutt Rd Ledyard, CT 06335
    Property profile & analytics

    7 Hurlbutt Rd, Ledyard, CT 06335

    View on Map

    • Showrooms
    • 22,109 SF
    • 3.30 lot acres
    Ledyard, CT Mixed-Use Investment For Sale
    $1,395,000
    22,109 SF

    Ledyard, CT Mixed-Use Investment

    High-Yield Office Portfolio, 100% Occupancy

    Gales Ferry, CT 06335
    View Listing
    Property ID
    US15-0241775
    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

    • Pure Fit Fitness Training / Gym & Fitness Center
    • Wolf Gang Wrestling / Sports School
    • Image by CG / (Bike/Boat/Book/etc) Store / Photography Service
    • Tracy Harvey Photography / Wedding Service / Photography Service
    • Sonya's Hair Studio / Hair Salon

    Property Details for 7 Hurlbutt Rd

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.30 lot acres
    Zone code
    GFDD
    Property type
    Showrooms
    APN
    LEDY M:91 B:1050 L:7
    APU
    LEDYM91B1050L7

    Description

    Investors: Secure this exceptional mixed-use investment opportunity in Ledyard, Connecticut. This fully renovated, 22,109 square foot property, originally a school, now boasts 14 units and 11 tenants across 18 individual income streams, all under gross leases. Built in 1959 and extensively renovated in 2016, the property features a single, one-story building situated on a 3.3-acre lot with ample private parking. The 100% occupancy rate ensures immediate cash flow, with all rent payments consistently current. Each unit, formerly a classroom, has undergone complete renovation, including roof replacement, individual classroom upgrades, private and common bathrooms, and updated mechanical systems. The property is zoned GFDD and offers a compelling value-add opportunity with built-in rent bumps. This is a turnkey investment with a strong history of reliable income and a bright future. The asking price is $1,395,000, translating to $63.10 per square foot. This represents a rare chance to acquire a stable, high-performing asset with significant upside potential. The property's history of consistent, on-time rent payments, even during the pandemic, underscores its resilience and the quality of its tenant base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $520,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $949,000
      Market price range: $950k - $2.89M
      AI Estimate
      $699,000
      Market price range: $699k - $2.30M

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


    Location Insight

    • Map
    • Local Demand
    City
    Gales Ferry
    County
    New London
    State
    Connecticut
    Longitude
    -72.0835
    Latitude
    41.4277
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, 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
    $23,406
    $214,480
    $462,770
    $677,250
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message