This exceptional free-standing retail property, located at 1463 Highland Avenue in Cheshire, Connecticut, offers 1,900 square feet of vacant space, perfect for a single tenant. Situated in New Haven County, zip code 06410, this property presents a unique opportunity for businesses seeking a high-visibility location. The entire 1,900 square foot building is available, providing ample space for a variety of retail uses. Its free-standing design offers excellent street frontage and ample parking, ensuring high visibility and convenient access for customers. The property's location in Cheshire, CT provides access to a strong local market and convenient access to major transportation routes. This is an ideal opportunity for a business looking to establish a strong presence in a thriving community. The property is currently vacant and ready for immediate occupancy, allowing for quick setup and commencement of operations. Interested parties are encouraged to inquire further to explore the possibilities this prime retail space offers. The property is classified as a single-tenant retail building. The address is 1463 Highland Ave, Cheshire, CT 06410.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$208,150
6.5%
$192,139
7%
$178,415
Comparable approach
Method
Valuation
Relative Method
$164,501
Geo Method
$164,501
Alternative Use
Use
Valuation
Residential
$238,252
Hospitality
$218,238
Educational
$181,571
Medical
$187,816
Retail
$282,444
Location Insight
City
Cheshire
County
New Haven
State
Connecticut
Latitude
41.5412
Longitude
-72.8933
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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