This exceptional multi-tenant shopping center, located at 84 Oxford Road in Oxford, Connecticut (zip code 06478), presents a compelling investment opportunity. Situated on a high-traffic section of Route 67, this property enjoys excellent visibility and accessibility for customers in Oxford and the neighboring town of Seymour. The center offers a range of retail spaces, with individual units varying in size from 1,452 square feet to 5,334 square feet, providing flexibility for a variety of businesses. Its prime location on a busy thoroughfare ensures high foot traffic and strong potential for tenant occupancy. The property's address is easily accessible, making it convenient for both customers and employees. This well-positioned shopping center offers a solid foundation for a successful retail venture, benefiting from its strategic location and adaptable unit sizes. The property is located in New Haven County, Connecticut, and its geographical coordinates are 41.4063992 latitude and -73.092847 longitude. This presents a rare opportunity to acquire a well-established retail property in a thriving Connecticut market. The property type is retail, specifically a shopping center with multiple tenants.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,643,734
6.5%
$2,440,370
7%
$2,266,058
Comparable approach
Method
Valuation
Relative Method
$3,581,725
Geo Method
$3,581,725
Alternative Use
Use
Valuation
Residential
$2,058,543
Hospitality
$1,885,614
Educational
$1,568,809
Medical
$1,622,763
Retail
$2,440,370
Location Insight
City
Oxford
County
New Haven
State
Connecticut
Latitude
41.4063
Longitude
-73.0917
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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