609 West Johnson Avenue in Cheshire, Connecticut, presents a remarkable opportunity for businesses seeking high-quality office space. This five-story, 58,000-square-foot Class A office building offers a flexible layout suitable for multiple tenants. Built in 1994 and extensively renovated in 2020, the property boasts modern amenities and a turnkey environment. The building is ideally situated for convenient access to I-691, ensuring effortless commuting for employees and clients. The minimum divisible space is 10,000 square feet, with a maximum contiguous space also available at 10,000 square feet. This presents an excellent option for both small and mid-sized companies seeking a prestigious location. Located in New Haven County, the property sits on a generous 3.95 acres of land, providing ample parking and potential for future expansion. The building's recent upgrades ensure a comfortable and efficient workspace, making it an attractive option for businesses seeking a modern and well-maintained office environment in a desirable Connecticut location. The property's zip code is 06410. This is a truly exceptional opportunity to secure a prime office space in a thriving Connecticut community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,118,604
6.5%
$8,417,173
7%
$7,815,946
Comparable approach
Method
Valuation
Relative Method
$7,206,422
Geo Method
$7,206,422
Alternative Use
Use
Valuation
Residential
$10,437,294
Hospitality
$9,560,505
Educational
$7,954,228
Medical
$8,227,786
Retail
$12,373,244
Location Insight
City
Cheshire
County
New Haven
State
Connecticut
Latitude
41.5557
Longitude
-72.9102
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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