75 Gln RdSandy Hook, MA 06482

  • Office properties
  • 64,426 SF
For Sale
$6,700,000 View listing

Property Details for 75 Gln Rd

Year built
1831
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
13.22 AC
Property size (Sq ft)
64,426 SF
Zone code
R-2
Property type
Office properties
Property subtype
Office buildings
APN
NEWT M:42 B:13 L:1
APU
NEWTM42B13L1

Description

This exceptional 13,128 square foot commercial property at 75 Glen Road in Newtown, Connecticut, presents a unique opportunity for businesses seeking a captivating and functional space. Built in 1831, this historic building boasts exposed brick and wood, creating a charming and distinctive atmosphere. The property is zoned M-40 and offers stunning views of Rocky Glen Falls, along with ample parking. Currently, the entire 13,128 square feet is vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 815 square feet to a maximum contiguous space of 5,595 square feet. Units 204 and 202 feature desirable amenities including glass offices, open bullpen areas, conference rooms, and kitchenettes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,651,542
    6.5%
    $9,832,193
    7%
    $9,129,893
  • Comparable approach

    Method
    Valuation
    Relative Method
    $8,417,901
    Geo Method
    $8,417,901
  • Alternative Use

    Use
    Valuation
    Residential
    $12,191,919
    Hospitality
    $11,167,732
    Educational
    $9,291,422
    Medical
    $9,610,968
    Retail
    $14,453,323
75 Gln Rd, Sandy Hook, Massachusetts

Location Insight

City
Sandy Hook
County
Fairfield
State
Connecticut
Latitude
41.4344
Longitude
-73.2753
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, 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
$108,616
$356,980
$3,782,360
$4,139,340
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