856 Main St Ext Wallingford, CT 06492-2419
This exceptional 20,672-square-foot industrial building, situated on a spacious 7.08-acre lot in Wallingford, Connecticut, presents a compelling owner-user opportunity. The single-story, Class B structure, built in 1979, boasts a 16-foot ceiling height, providing ample vertical space for various industrial uses. The property features four loading docks, two equipped with levelers, and one drive-in door, ensuring efficient loading and unloading operations. With 56 parking spaces, accommodating employees and visitors is effortless. The property is zoned IX, and benefits from a substantial 1600-amp electric service, leveraging the lowest electric rates in the state through Wallingford Electric. Its strategic location on 856 North Main Street Ext offers convenient access to major transportation arteries, including I-91 and Route 15, facilitating seamless logistics and distribution. This versatile property is ideally suited for manufacturing, distribution, or flex space needs, making it a highly attractive investment for businesses seeking a functional and well-located industrial space. The asking price is $2,450,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.