84 Oxford RdOxford, CT 06478

  • Other commercial real estate
  • 10,878 SF
For Sale

Property Details for 84 Oxford Rd

Year built
2003
Construction
FRAME
Lot size
2.10 AC
Property size (Sq ft)
10,878 SF
Zone code
COMM
Property type
Other commercial real estate
Property subtype
Showrooms
APN
OXFO M:35 B:7 L:29
APU
OXFOM35B7L29

Description

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
84 Oxford Rd, Oxford, Connecticut

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

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
$26,932
$223,900
$874,900
$1,098,800
-
-
-
-

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