128 Boston Post RdWaterford, CT 06385

  • Other commercial real estate
  • 64,952 SF
For Lease

Property Details for 128 Boston Post Rd

Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
13.20 AC
Property size (Sq ft)
64,952 SF
Zone code
C-G
Property type
Other commercial real estate
Property subtype
Showrooms
APN
WFRD M:133 L:572
APU
WFRDM133L572

Description

This exceptional retail property, located at 128 Boston Post Road in Waterford, Connecticut, offers a significant leasing opportunity. The building, constructed in 1996, boasts a total of 64,804 square feet, with 30,000 square feet currently available for lease. Situated on a substantial 25,046,651,520 square foot lot, this single-tenant space provides ample room for expansion and significant visibility. The property is zoned C-G, allowing for a variety of commercial uses. Its prime location on Boston Post Road ensures high traffic volume and excellent exposure to potential customers. The building's substantial size and prominent location make it ideal for a variety of retail businesses seeking a strong presence in the Waterford market. The property is situated in New London County, Connecticut, and has a zip code of 06385. This is a rare opportunity to secure a large, well-located retail space in a thriving Connecticut community. The property's size and location offer significant potential for growth and success. Interested parties should inquire promptly to learn more about this exceptional leasing opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,785,603
    6.5%
    $14,571,326
    7%
    $13,530,517
  • Comparable approach

    Method
    Valuation
    Relative Method
    $21,386,304
    Geo Method
    $21,386,304
  • Alternative Use

    Use
    Valuation
    Residential
    $12,291,459
    Hospitality
    $11,258,910
    Educational
    $9,367,281
    Medical
    $9,689,436
    Retail
    $14,571,326
128 Boston Post Rd, Waterford, Connecticut

Location Insight

City
Waterford
County
New London
State
Connecticut
Latitude
41.3405
Longitude
-72.1264
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
$57,295
$1,369,270
$1,333,340
$2,702,610
-
-
-
-

FAQs

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