1463 Highland AveCheshire, CT 06410

  • Office buildings
  • 1,259 SF
For Lease
$15/SF/YR View listing

Property Details for 1463 Highland Ave

Year built
1917
Construction
FRAME
Lot size
1.16 AC
Property size (Sq ft)
1,259 SF
Zone code
I-1
Property type
Office buildings
APN
CHES M:19 B:16 L:
APU
CHESM19B16L

Description

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

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
$5,036
$95,580
$47,950
$143,530
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