464 Reidville DrWaterbury, CT 06705

  • Other commercial real estate
  • 8.02 AC
For Lease
$14/SF/YR View listing

Property Details for 464 Reidville Dr

Lot size
8.02 AC
Zone code
CA
Property type
Other commercial real estate
APN
WBRY M:0422 B:0488 L:0040
APU
WBRYM0422B0488L0040

Description

This exceptional 1,500 square foot retail space is located at 464 Reidville Drive in Waterbury, Connecticut, zip code 06705. The property is part of a larger retail plaza conveniently situated at Exit 25 off I-84, offering unparalleled visibility and accessibility. The plaza boasts a strong tenant mix, including established businesses such as CVS, Aldi, Leslie Pools, and Burger King, ensuring high foot traffic and a vibrant commercial environment. The building itself was constructed in 1990 and offers a total of 23,540 square feet, with ample parking for customers and employees (271 spaces). This single-tenant space presents a unique opportunity for businesses seeking a prominent location with high visibility. The property benefits from exceptional daily traffic counts, with I-84 boasting 88,200 cars per day and Reidville Drive seeing 11,800 cars per day. Net charges are estimated at $11.00 per square foot. This location provides excellent exposure to a large customer base and is ideal for a variety of retail businesses. The available space is 1,500 square feet, offering flexibility for various business needs. Don't miss this chance to establish your business in a thriving retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $66,110,872
    Hospitality
    $60,557,204
    Educational
    $50,382,884
    Medical
    $52,115,628
    Retail
    $78,373,376
464 Reidville Dr, Waterbury, Connecticut

Location Insight

City
Waterbury
County
New Haven
State
Connecticut
Latitude
41.5384
Longitude
-72.9969
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
$434,739
$826,560
$7,195,930
$8,022,490
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-
-
-

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