9 Washington AveHamden, CT 06518

Property Details for 9 Washington Ave

Year built

1989

Construction

STEEL FRAME

Lot size

1.73 AC

Property size (Sq ft)

30,320 SF

Zone code

T4T5

Property type

Office properties

Property subtype

Office buildings

APN

HAMD M:2630 B:001 L:00-0000

APU

HAMDM2630B001L000000

Description

This 3-story, Class B medical office building at 9 Washington Ave, Hamden, CT 06518, offers two available suites totaling 3,899 square feet. The building, constructed in 1989, features 35,166 total square feet across 11 suites, situated on a 1.73-acre lot. Individual suites range from a minimum of 1,478 square feet to a maximum contiguous space of 2,421 square feet. Both available suites are located on the second floor and offer elevator access. The building is conveniently located in Hamden's central business district, at the corner of Washington Avenue and Dixwell Avenue, a signalized intersection. This prime location provides easy access to major highways I-91 and Route 15. The building features one elevator and is zoned T4T5. The lease rate is $27 per square foot on a modified gross basis.

• CAP approach

  CAP return

  Valuation

  6%

  $5,012,802

  6.5%

  $4,627,202

  7%

  $4,296,687

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,961,611

  Geo Method

  $3,961,611

• Alternative Use

  Use

  Valuation

  Residential

  $5,737,730

  Hospitality

  $5,255,730

  Educational

  $4,372,706

  Medical

  $4,523,090

  Retail

  $6,801,986

Location Insight

City

Hamden

County

New Haven

State

Connecticut

Latitude

41.3838

Longitude

-72.8984

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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