464 Boston Post RdOrange, CT 06477

Property Details for 464 Boston Post Rd

Year built

1954

Construction

CONCRETE

Lot size

2.29 AC

Property size (Sq ft)

23,726 SF

Zone code

C-2

Property type

Other commercial real estate

Property subtype

Showrooms

APN

ORAN M:13 B:7 L:2&3

APU

ORANM13B7L23

Description

This exceptional 6,220+/- square foot retail or medical space is situated at 464 Boston Post Road in Orange, Connecticut, 06477, at the high-traffic intersection of Route 1 and Orange Center Road. Boasting excellent visibility with 25,200 cars passing daily, this single-tenant space is part of a larger plaza offering prominent signage and ample parking. Currently configured as a medical office, the space includes a spacious waiting room, a physical therapy gym, nine exam rooms, a radiology room, a procedure room, an employee kitchen, and three bathrooms. The building itself is a two-story structure totaling 23,726 square feet. The available space is sub-dividable, offering flexibility for various business needs. Its convenient location provides easy access to major transportation arteries, including I-95, Route 34 (Derby Ave), and Route 15 (Merritt Parkway). This presents a unique opportunity for businesses seeking high visibility and convenient access in a thriving Connecticut market. The property is located at 464 Boston Post Rd, Orange, CT 06477.

• CAP approach

  CAP return

  Valuation

  6%

  $5,766,246

  6.5%

  $5,322,689

  7%

  $4,942,497

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,812,098

  Geo Method

  $7,812,098

• Alternative Use

  Use

  Valuation

  Residential

  $4,489,887

  Hospitality

  $4,112,712

  Educational

  $3,421,728

  Medical

  $3,539,407

  Retail

  $5,322,689

Location Insight

City

Orange

County

New Haven

State

Connecticut

Latitude

41.2569

Longitude

-73.0128

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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