13 Sycamore WayBranford, CT 06405

Property Details for 13 Sycamore Way

Year built

1991

Construction

FRAME

Lot size

1.52 AC

Property size (Sq ft)

7,534 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BRAN M:J04-000 B:002 L:003.8

APU

BRANMJ04000B002L0038

Description

This exceptional 19,824-square-foot industrial facility in Branford, CT, is a brand-new 2023 construction, ideally suited for research and development, flexible manufacturing, or biotech operations. The single-story building sits on a 1.52-acre lot and boasts a 15-30 foot ceiling height, providing ample space for various configurations. The property includes 52 parking spaces and a single drive-in bay, ensuring convenient access and ample parking for employees and visitors. Power is robust, featuring 800-amp, 277/480v, 3-phase service. The building is zoned IG-2 and offers a flexible layout adaptable to diverse needs. The space is currently entirely vacant, allowing for complete customization to meet specific tenant requirements. The property's location in Branford, CT (zip code 06405) offers easy access to major transportation routes. The building's design allows for the creation of approximately 10,000-12,000 square feet of lab space and 8,000-10,000 square feet of office space. Potential lab space features include clean rooms, fume hoods, vivarium capabilities, epoxy flooring, multiple rooms, zoned HVAC, epoxy counters, metal cabinetry, compressed air, tank storage, and designated waste areas. The office area can be designed to include an attractive lobby, executive offices, private offices, open work areas, and conference rooms. The property also includes outdoor seating in a privately landscaped area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,831,025

  6.5%

  $1,690,177

  7%

  $1,569,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,480,669

  Geo Method

  $2,480,669

• Alternative Use

  Use

  Valuation

  Residential

  $1,425,728

  Hospitality

  $1,305,959

  Educational

  $1,086,542

  Medical

  $1,123,910

  Retail

  $1,690,177

Location Insight

City

Branford

County

New Haven

State

Connecticut

Latitude

41.2996

Longitude

-72.7526

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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