Middle St Middletown, CT 06457
§2.22 IOP- Interstate Office Park Zone. 1. Description. The zone is designed for the development of business, research and development, light manufacturing, and professional offices along the existing interstate corridor in a park or campus type setting as a gradual transition from residential areas with the retention of open spaces and the preservation of n…
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IOP · Middletown, CT§2.22 IOP- Interstate Office Park Zone. 1. Description. The zone is designed for the development of business, research and development, light manufacturing, and professional offices along the existing interstate corridor in a park or campus type setting as a gradual transition from residential areas with the retention of open spaces and the preservation of natural features of the area. 2. Uses. Use of land and buildings shall be in accordance with §6.2 Business Zones, Industrial Zones and Other Non-Residential Zones Use Schedule. 3. Area, Bulk, and Yard Requirements. Lot Size: 6 ac. minimum. Lot Width: 200 ft. minimum. Front Yard: 50 ft. minimum. Rear Yard: 50 ft. minimum except that any rear yard abutting any portion of Interstate I-91 or land owned by the State of Connecticut as part of Interstate I-91 may be reduced to a minimum of 10 ft. , and any rear yard abutting a residential zone shall be increased to a minimum of 75 ft. Side Yard: 75 ft. minimum. Building Coverage: 20% maximum. Height: 3 stories maximum. 4. Additional Requirements. 1. Accessory Uses. In addition to the permitted uses set forth in §2.22.2 Uses, uses customarily incidental to the main or principal building or land use shall be permitted, including accessory uses for the convenience of employees within such buildings, such as, but not limited to, cafeterias and like facilities designed to serve only the occupants of the buildings in the zone. Conference and meeting facilities, data processing and storage shall be included within the definition of accessory uses. Zoning Code of the City of Middletown, Connecticut II-27 2. Sideyards. A minimum of 50 ft. of the side yards shall be landscaped and 25 ft. of a minimum side yard adjacent to the building may be used for parking or driveway, if necessary. 3. Landscaping. The purpose of landscaping requirements is to protect and preserve property values through the preservation of existing vegetation and planting of new materials to provide privacy from visual intrusion, light, dirt and noise, and to prevent the erosion of soil. 1. Landscaped Areas. Landscaped areas shall consist of open spaces and shall be maintained in lawn, natural ground cover, plantings and trees and may include walks and drives from a street. 2. Front Yards. At least 25 ft. of the front yard of each lot in the zone shall be landscaped with no less than one and one half inches (1- 1⁄2) to two inch caliper shade tree for each 50 ft. of street frontage. 3. Parking Lots.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.