1031 Norwich New London TpkeMontville, CT 06382
- Other commercial real estate
- 6.23 AC
Property Details for 1031 Norwich New London Tpke
- Lot size
- 6.23 AC
- Zone code
- C-1
- Property type
- Other commercial real estate
- APN
- MONT M:086 B:013 L:000
- APU
- MONTM086B013L000
Description
This exceptional 9,062-square-foot executive office space, situated on a sizable 6.23-acre lot in Montville, Connecticut, presents a unique investment opportunity. Built in 2006, the property boasts a convenient single-tenant occupancy and ample parking with 60 spaces. The building is zoned C-1 Commercial, allowing for a variety of uses including retail, service, office, restaurant, and daycare. The property enjoys a highly visible location on Route 32, benefiting from an average daily traffic count of 11,000 vehicles. Flexible space options are available, ranging from 800 square feet to 2,400 square feet, with rental rates starting at $950 per month plus utilities for the smaller space and $1,900 per month plus utilities for the 1,600 square foot space. Larger spaces up to 2,400 square feet are available with pricing to be determined. The property's address is 1031 Norwich New London Turnpike, Montville, CT 06382, and its APN is 2434811. This property offers significant potential for businesses seeking a prominent location with excellent visibility and ample space in a thriving commercial area within New London County. The entire 9,062 square feet is currently vacant, providing immediate occupancy for a single tenant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $51,355,520
- Hospitality
- $47,041,380
- Educational
- $39,137,876
- Medical
- $40,483,888
- Retail
- $60,881,144
Location Insight
- City
- Uncasville
- County
- New London
- State
- Connecticut
- Latitude
- 41.4535
- Longitude
- -72.1057
- CBSA code
- 35980
- CBSA name
- NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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