3 Inspiration LnChester, CT 06412

Property Details for 3 Inspiration Ln

Year built

2006

Construction

FRAME

Lot size

8.37 AC

Property size (Sq ft)

4,000 SF

Zone code

CDD

Property type

Office buildings

APN

CHES M:13 B:5

APU

CHESM13B5

Description

This exceptional 4,000 square foot office building at 3 Inspiration Lane in Chester, Connecticut, presents a unique opportunity for a single tenant. Ideally suited for executive, medical, or creative office uses, this property boasts a prime location offering convenient access to Route 9, ensuring easy commutes for employees and clients alike. The building's layout is highly functional, featuring eight individual offices, multiple conference rooms perfect for meetings and collaborations, a welcoming reception area, ample filing space to maintain organized records, and four half-bathrooms for staff and visitor convenience. Additionally, the property includes well-equipped kitchen areas, enhancing the overall functionality and comfort of the workspace. The ample parking available further adds to the property's appeal, ensuring convenient parking for both staff and visitors. Situated in Middlesex County, this Chester location provides easy access to the shoreline, Middletown, and surrounding communities, making it an attractive option for businesses seeking a strategic location with excellent accessibility. This single-tenant building offers a complete and ready-to-occupy workspace, eliminating the need for extensive renovations or build-outs. The property's versatile design caters to a variety of professional needs, making it an ideal choice for a range of businesses. The zip code is 06412.

• CAP approach

  CAP return

  Valuation

  6%

  $661,320

  6.5%

  $610,449

  7%

  $566,845

• Comparable approach

  Method

  Valuation

  Relative Method

  $522,640

  Geo Method

  $522,640

• Alternative Use

  Use

  Valuation

  Residential

  $756,956

  Hospitality

  $693,368

  Educational

  $576,874

  Medical

  $596,714

  Retail

  $897,360

Location Insight

City

Chester

County

Middlesex

State

Connecticut

Latitude

41.4005

Longitude

-72.47

CBSA code

25540

CBSA name

HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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