465 Heritage RdSouthbury, CT 06488

  • Showrooms
  • 11,228 SF
For Lease
$15/SF/YR View listing

Property Details for 465 Heritage Rd

Year built
1969
Construction
FRAME
Lot size
2.59 AC
Property size (Sq ft)
11,228 SF
Zone code
B-3
Property type
Showrooms
APN
SBUR M:28 B:77 L:H1-4
APU
SBURM28B77LH14

Description

This exceptional Heritage Village office building offers a variety of flexible spaces ideal for businesses of all sizes. Located in the heart of the Heritage Village Commercial District, on The Green, this signature building boasts a total of 14,329 square feet. Currently, there are multiple tenancy options available, ranging from a minimum of 1,498 square feet to a maximum contiguous space of 9,754 square feet. The building's zoning is commercial, allowing for diverse business uses. The available space totals 23,374 square feet, providing ample opportunity for expansion or consolidation. The building features a standard ceiling height of 9 feet, offering comfortable and functional workspaces. This prime location in New Haven County provides excellent visibility and accessibility for clients and employees. The building's central location within the Heritage Village Commercial District ensures easy access to amenities and other businesses. This is a unique opportunity to secure high-quality office space in a desirable and thriving commercial area. The building's design and location make it an attractive option for businesses seeking a prestigious address and convenient access to local resources. With various sizes available, this property is well-suited for a range of business needs, from small startups to larger established companies. Contact us today to learn more about the available spaces and to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,728,796
    6.5%
    $2,518,888
    7%
    $2,338,968
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,696,967
    Geo Method
    $3,696,967
  • Alternative Use

    Use
    Valuation
    Residential
    $2,124,777
    Hospitality
    $1,946,284
    Educational
    $1,619,286
    Medical
    $1,674,975
    Retail
    $2,518,888

Location Insight

City
Southbury
County
New Haven
State
Connecticut
Latitude
41.4902
Longitude
-73.2262
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
$16,675
$206,900
$534,210
$741,110
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-
-
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FAQs

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