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2 Morse Rd

33,000 SF 100% Leased Industrial Building Oxford, CT 06478 $3,200,000 ($97/SF) 9% Cap Rate

Investment Highlights

  • This is a leased investment property in excellent condition.
  • Property is leased to long established business and ownership.

Executive Summary

Leased Investment Property
33,000 s/f Office/Industrial Flex Facility
Modern Building in Excellent Condition
Leased to Long Established Business & Ownership
Located on 3.96 acres with room for expansion
2 Adjacent Industrial Lots Available (7.3 acres)
Net Operating Income of $288,000.00
Offered at: $3,200,000.00

Property Facts

Price $3,200,000
Price Per SF $97
Sale Type Investment
Cap Rate 9%
Property Type Industrial
Property Subtype Warehouse
Lot Size 3.96 AC
Rentable Building Area 33,000 SF
No. Stories 3
Year Built 1988

Utilities

  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
OXFO-000018-000032-000006-A000000-2
Land Assessment
$299,400
Improvements Assessment
$1,329,100
Total Assessment
$1,628,500

zoning

Zoning Code Industrial
Industrial
  • Listing ID: 29657141

  • Date on Market: 9/29/2023

  • Last Updated:

  • Address: 2 Morse Rd, Oxford, CT 06478

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