375 Morgan LnWest Haven, CT 06516

  • Industrial properties
  • 768 SF
For Sale
$79,000 View listing

Property Details for 375 Morgan Ln

Year built
1987
Construction
FRAME
Property size (Sq ft)
768 SF
Zone code
LM
Property type
Industrial properties
Property subtype
Other industrial properties
APN
WHAV M:0018 B:0008 L:0207
APU
WHAVM0018B0008L0207

Description

This 768-square-foot commercial condominium, located at 375 Morgan Ln, Unit 207, West Haven, CT 06516, is situated in the Twelve Oaks Business Park, directly across from Yale West Campus. Built in 1987, this single-story unit (one of one) is currently 100% occupied, with the occupancy date set for August 1st, 2024. The property features central air conditioning, a private office, a kitchenette, and a full bathroom with a shower. Its current configuration is ideal for office use, but it's also suitable for a service-based business. The property is zoned LM. This presents an excellent owner-user opportunity, especially for businesses affiliated with Yale University. A sale-leaseback arrangement is also a possibility. Monthly condo fees are $237. This is a prime investment opportunity in a highly desirable location. The property's convenient location and versatile layout make it an attractive option for a variety of businesses. The asking price for this exceptional property is $79,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $145,336
    Hospitality
    $133,127
    Educational
    $110,760
    Medical
    $114,569
    Retail
    $172,293
375 Morgan Ln, West Haven, Connecticut

Location Insight

City
West Haven
County
New Haven
State
Connecticut
Latitude
41.2613
Longitude
-72.9853
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
$1,509
-
$33,460
$33,460
-
-
-
-

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