1154 Highland AveCheshire, CT 06410

  • Office properties
  • 25,397 SF
For Lease
$19.50/SF/YR View listing

Property Details for 1154 Highland Ave

Year built
2004
Construction
CONCRETE
Lot size
2.15 AC
Property size (Sq ft)
25,397 SF
Zone code
I-1
Property type
Office properties
Property subtype
Office buildings
APN
CHES M:37 B:73 L:
APU
CHESM37B73L

Description

This exceptional Class A office building, located at 1154 Highland Avenue in Cheshire, Connecticut, offers a prime opportunity for businesses seeking versatile and modern workspace. The single, three-story building, constructed in 2004, boasts a total of 30,000 square feet and comprises three suites. Currently, 11,000 square feet of space is available, with individual suites ranging from 3,200 to 6,400 square feet, catering to a variety of business needs. The property sits on a generous 2.15 acres of land in New Haven County, offering ample parking and visibility. Building amenities include elevators, key card access, full conference rooms, corner offices with abundant natural light, full kitchens, and ADA-accessible bathrooms. The building's location in Cheshire, CT (zip code 06410) provides convenient access to major transportation routes and local amenities. This is an ideal opportunity for businesses seeking high-quality, well-appointed office space in a desirable location. The property's multiple suite configuration allows for flexibility in tenant size and requirements. The building's modern design and comprehensive amenities create a professional and productive work environment. This is a rare opportunity to secure premium office space in a thriving Connecticut community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,198,882
    6.5%
    $3,875,892
    7%
    $3,599,042
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,318,372
    Geo Method
    $3,318,372
  • Alternative Use

    Use
    Valuation
    Residential
    $4,806,106
    Hospitality
    $4,402,367
    Educational
    $3,662,718
    Medical
    $3,788,684
    Retail
    $5,697,561
1154 Highland Ave, Cheshire, Connecticut

Location Insight

City
Cheshire
County
New Haven
State
Connecticut
Latitude
41.5299
Longitude
-72.8945
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, 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
$80,895
$192,660
$2,112,690
$2,305,350
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-
-
-

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