1480 Monroe TpkeMonroe, CT 06468

  • Industrial properties
  • 12,424 SF
For Sale
$1,500,000 View listing

Property Details for 1480 Monroe Tpke

Year built
1945
Construction
FRAME
Lot size
2.00 AC
Property size (Sq ft)
12,424 SF
Zone code
RF2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
MONR M:145 B:023 L:00
APU
MONRM145B023L00

Description

Exceptional investment opportunity: a 12,424 square foot, two-story manufacturing building situated on a 4.01-acre lot in Monroe, Connecticut. This property, located at 1480 and 1488 Monroe Turnpike, features two loading docks and is zoned COMM and R-2, allowing for commercial and residential uses. The main building, a 12,424 square foot brick structure on 2 acres, includes offices and large adaptable rooms. An additional 2 acres of level land (1488 Monroe Turnpike) adjoins the main building and includes an existing septic system servicing the building's half-bathrooms. Built in 1945, this property offers significant potential for redevelopment or continued use as a manufacturing facility. The asking price is $1,500,000, translating to $120.73 per square foot. The property's versatile zoning and ample space present a unique opportunity for a variety of commercial and/or residential projects. This is a rare chance to acquire a substantial property in a desirable Fairfield County location. The property is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,351,107
    Hospitality
    $2,153,601
    Educational
    $1,791,771
    Medical
    $1,853,393
    Retail
    $2,787,199
1480 Monroe Tpke, Monroe, Connecticut

Location Insight

City
Monroe
County
Fairfield
State
Connecticut
Latitude
41.3792
Longitude
-73.1916
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, 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
$14,573
$169,100
$219,000
$388,100
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].