236 Boston Post RdOrange, CT 06477

  • Other commercial real estate
  • 31,916 SF
For Lease
$23/SF/YR View listing

Property Details for 236 Boston Post Rd

Year built
1981
Construction
CONCRETE
Lot size
2.15 AC
Property size (Sq ft)
31,916 SF
Zone code
C-1
Property type
Other commercial real estate
Property subtype
Showrooms
APN
ORAN M:32 B:10 L:3
APU
ORANM32B10L3

Description

This exceptional 31,916-square-foot commercial property, located at 236 Boston Post Road in Orange, Connecticut (zip code 06477), presents a unique investment opportunity. Situated in the Greater Bridgeport County, this single-tenant building offers a modern and efficient layout ideal for a variety of professional uses. The second-story office space is conveniently located directly off the elevator within a handicap-accessible building. The interior boasts seven individual office suites, a dedicated conference room, a welcoming reception area, a private bathroom, a well-equipped kitchen/break room, and a comfortable waiting area. Large windows throughout the space provide abundant natural light, creating a bright and productive work environment. Ample parking is available for employees and clients, ensuring convenient access. The building's strategic location on Boston Post Road offers easy accessibility and high visibility. This property is a turnkey solution for a business seeking a prestigious and functional office space. The land itself is also included in this offering.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,756,702
    6.5%
    $7,160,033
    7%
    $6,648,602
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,508,764
    Geo Method
    $10,508,764
  • Alternative Use

    Use
    Valuation
    Residential
    $6,039,756
    Hospitality
    $5,532,384
    Educational
    $4,602,878
    Medical
    $4,761,178
    Retail
    $7,160,033
236 Boston Post Rd, Orange, Connecticut

Location Insight

City
Orange
County
New Haven
State
Connecticut
Latitude
41.2687
Longitude
-72.9981
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, 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
$62,200
$383,800
$1,541,300
$1,925,100
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