284 Racebrook RdOrange, CT 06477

  • Other commercial real estate
  • 1.77 AC
For Sale
$2,200,000 View listing

Property Details for 284 Racebrook Rd

Lot size
1.77 AC
Zone code
C-1
Property type
Other commercial real estate
APN
ORAN M:32 B:10 L:11
APU
ORANM32B10L11

Description

This exceptional investment opportunity presents a nearly fully leased, three-building office complex situated on a desirable 1.77-acre lot in Orange, Connecticut's scenic Indian Hill neighborhood. The property boasts a total of 28,024 square feet of leasable space, currently housing Racebrook offices, and offers ample parking for over 60 vehicles. Enjoy serene pond views from the expansive parking area. The strategic location provides excellent accessibility, being just one mile from I-95 and conveniently close to the Merritt Parkway. This prime mixed-use development site benefits from its proximity to major retailers including Home Depot, Walmart, and Costco, ensuring high visibility and convenient access for tenants and employees. The asking price for this exceptional property is $2,200,000. The property's strong tenant base and prime location make it an attractive investment for both passive and active investors seeking a stable and appreciating asset in a thriving market. The three separate buildings offer flexibility and potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a highly sought-after location. The substantial parking capacity and beautiful pond views add to the overall appeal and desirability of this exceptional offering.

284 Racebrook Rd, Orange, Connecticut

Location Insight

City
Orange
County
New Haven
State
Connecticut
Latitude
41.2667
Longitude
-73.0003
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
$22,924
$315,000
$394,500
$709,500
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-
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