480 Short Beach RdEast Haven, CT 06512
- Retail properties
- 17,486 SF
Property Details for 480 Short Beach Rd
- Year built
- 1990
- Construction
- STEEL FRAME
- Lot size
- 3.75 AC
- Property size (Sq ft)
- 17,486 SF
- Zone code
- LI-2
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- EHAV M:160 B:1615 L:005
- APU
- EHAVM160B1615L005
Description
This exceptional 17,486 square foot warehouse, situated on a 3.75-acre lot in East Haven, CT (06512), presents a unique owner-user opportunity. The property, built in 1990 and renovated in 2021, boasts 12,160 square feet of industrial space and 5,326 square feet of office space, all under a single unit. The asking price is $2,350,000, translating to $134.39 per square foot. Features include a 26-foot ceiling height, a fenced-in 2-acre yard ideal for vehicle storage, gas-fired radiant heat, and energy-efficient LED lighting. The property includes all existing equipment, alarm, and camera systems, and comes with existing repair and sales licenses. Conveniently located at 480 Short Beach Rd, this LI-2 zoned property offers easy access to major transportation routes. This turnkey operation is perfect for an industrial or automotive business seeking immediate occupancy and operational efficiency. The property is ready for a seamless transition to a new owner.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,249,708
- 6.5%
- $3,922,808
- 7%
- $3,642,607
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,757,496
- Geo Method
- $5,757,496
-
Alternative Use
- Use
- Valuation
- Residential
- $3,309,035
- Hospitality
- $3,031,058
- Educational
- $2,521,805
- Medical
- $2,608,534
- Retail
- $3,922,808
Location Insight
- City
- East Haven
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.2662
- Longitude
- -72.8718
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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