65 Research PkwyOld Saybrook, CT 06475

  • Industrial properties
  • 1.72 AC
For Lease
$9/SF/YR View listing

Property Details for 65 Research Pkwy

Year built
1989
Lot size
1.72 AC
Zone code
I1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
OSAY M:039 B:006 L:
APU
OSAYM039B006L

Description

This 7,644-square-foot industrial warehouse space is ideally situated in Middlesex County, offering convenient access to I-95 via Exit 67. Located at the corner of Research Parkway and Elm Street, this property boasts a 1.72-acre lot with 50 feet of frontage. The warehouse features steel and masonry construction, two 12-foot overhead doors, and ample parking with seven spaces. The space includes 100-amp, 3-phase power, and is equipped with a wet sprinkler system. Utilities are not included in the monthly lease rate of $5,733. The property is served by public water, septic, and propane, and features forced-air central air conditioning. Zoned I-Industrial, this versatile space allows for a variety of uses including R&D, manufacturing, office space, gym, medical clinic, warehouse, wholesale, printing, and machine or contract shops. Subdivision possibilities exist. Detailed directions are available upon request. This property presents a unique opportunity for businesses seeking a well-equipped and conveniently located industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,178,362
    Hospitality
    $12,987,303
    Educational
    $10,805,284
    Medical
    $11,176,894
    Retail
    $16,808,220
65 Research Pkwy, Old Saybrook, Connecticut

Location Insight

City
Old Saybrook
County
Middlesex
State
Connecticut
Latitude
41.2972
Longitude
-72.3879
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
$11,452
$211,700
$348,300
$560,000
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