609 Johnson AveCheshire, CT 06410

  • Office properties
  • 55,154 SF
For Lease
$11/SF/YR View listing

Property Details for 609 Johnson Ave

Year built
1994
Construction
CONCRETE
Lot size
3.95 AC
Property size (Sq ft)
55,154 SF
Zone code
I-2
Property type
Office properties
Property subtype
Office buildings
APN
CHES M:10 B:33 L:
APU
CHESM10B33L

Description

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
609 Johnson Ave, Cheshire, Connecticut

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

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
$92,111
$309,390
$2,315,610
$2,625,000
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-
-
-

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