This exceptional three-story, Class B medical office building, constructed in 2007, offers 30,050 square feet of space at 2560 Dixwell Avenue in Hamden, Connecticut. The building features nine suites, with 4,815 square feet currently available for lease. This space is divisible, with a minimum leasable area of 1,570 square feet and a maximum contiguous space of 3,245 square feet. Two vacant suites are located on the third floor and are conveniently accessible via elevator. The building sits on 1.52 acres of land and is zoned T4. Its strategic location on Route 10 in Hamden provides excellent visibility and accessibility, with easy access to I-91 and Route 15, ensuring convenient commutes for both patients and staff. The lease rate is $22 per square foot, modified gross. This property presents a fantastic opportunity for medical practices or other professional businesses seeking a well-maintained, conveniently located space in a thriving area of New Haven County. The building boasts modern amenities and is situated in a high-traffic area, promising strong visibility and potential for growth.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$5,271,913
6.5%
$4,866,382
7%
$4,518,783
Comparable approach
Method
Valuation
Relative Method
$7,142,378
Geo Method
$7,142,378
Alternative Use
Use
Valuation
Residential
$4,104,975
Hospitality
$3,760,135
Educational
$3,128,388
Medical
$3,235,978
Retail
$4,866,382
Location Insight
City
Hamden
County
New Haven
State
Connecticut
Latitude
41.3801
Longitude
-72.9143
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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