40 INDUSTRIAL PK RD
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Location
40 INDUSTRIAL PK RD
Mblu
26.3/ 22/ / /
Acct#
003242
Owner
FORTY INDUSTRIAL PARK ROAD LLC
Total Market Value
$612,920
Appraisal
$875,600
PID
5388
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2021$652,500$223,100$875,600
Assessment
Valuation YearImprovementsLandTotal
2021$456,750$156,170$612,920

Owner of Record
OwnerFORTY INDUSTRIAL PARK ROAD LLC
Co-Owner
Address40 INDUSTRIAL PK RD
NIANTIC, CT 06357
Sale Price$405,000
Certificate
Book & Page 0703/0718
Sale Date04/29/2005
Instrument07

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
EAST LYME TOWN OF$325,000 0509/05541509/26/2000
F L S REALTY$370,000 0228/10680012/31/1986

Building Information
Building 1 : Section 1
Year Built: 1974
Living Area: 13,600
Replacement Cost: $713,184
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$606,200
Building Attributes
FieldDescription
Style:Pre-Eng Warehs
ModelInd/Comm
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverMetal/Tin
Interior Wall 1Minim/Masonry
Interior Wall 2 
Interior Floor 1Concr-Finished
Interior Floor 2Vinyl/Asphalt
Heating FuelGas
Heating TypeHot Air-no Duc
AC TypeCentral
Struct Class 
Bldg UseGYMS
Total Rooms 
Total Bedrms00
Total Baths0
1st Floor Use:4022
Heat/ACHEAT/AC PKGS
Frame TypeSTEEL
Baths/PlumbingEXTENSIVE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height18.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 13,600 13,600
   13,600 13,600

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET12876.00 S.F.$10,9001
SPR2WET/CONCEALED724.00 S.F.$7001

Land
Land Use
Use Code3760
DescriptionGYMS  
ZoneLI
Neighborhood0050
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.42
Frontage0
Depth0
Total Market Land$156,170
Appraised Value$223,100

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVING-ASPHALT  23114.00 S.F.$34,7001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2022$652,500$223,100$875,600
2020$529,200$167,900$697,100
2019$529,200$167,900$697,100

Assessment
Valuation YearImprovementsLandTotal
2022$456,750$156,170$612,920
2020$370,440$117,530$487,970
2019$370,440$117,530$487,970

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