500 Bic DrMilford, CT 06461

Property Details for 500 Bic Dr

Year built

1952

Construction

STEEL FRAME

Lot size

32.74 AC

Property size (Sq ft)

745,516 SF

Zone code

HDD

Property type

Industrial properties

Property subtype

Other industrial properties

APN

MILF M:40 B:301 L:28-B

APU

MILFM40B301L28B

Description

This exceptional multi-tenant industrial property, encompassing 156,000 square feet, presents a unique investment opportunity. Buildings 3 & 4 at 500 BIC Drive offer flexible spaces ranging from a minimum of 53,593 contiguous square feet up to the entire 156,000 square feet. The two-story Class B building, constructed in 1978, boasts a 0.44 building floor area ratio and sits on a substantial 32.74 acres of land. The property features a 16-foot ceiling height, ideal for various manufacturing or warehousing needs. Loading capabilities include one loading dock equipped with a mechanical levelator and one drive-in door. Ample parking is provided with 585 spaces available, along with trailer parking. The building is fully sprinklered and offers gas-fired heating and full air conditioning. Power is supplied by a 600-amp, 277-480V 3-phase system. The property is zoned MDD and is conveniently located less than one mile from Exit 35 of I-95, offering excellent access to major transportation routes. On-site amenities include a full-service cafeteria for tenant convenience. This property is perfect for a variety of uses, including warehouse, manufacturing, and research and development. The available space is immediately ready for occupancy.

• Alternative Use

  Use

  Valuation

  Residential

  $141,080,784

  Hospitality

  $129,229,240

  Educational

  $107,517,216

  Medical

  $111,214,896

  Retail

  $167,248,992

Location Insight

City

Milford

County

New Haven

State

Connecticut

Latitude

41.2195

Longitude

-73.1006

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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