3 Inspiration LnChester, CT 06412

  • Office properties
  • 4,000 SF
For Lease
$14/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
3 Inspiration Ln, Chester, Connecticut

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

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
$19,122
$184,780
$459,070
$643,850
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-
-
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