Technical
Financial
Distress signals
Property profile

1318 Kossuth St Bridgeport, CT 06608

OFF-MARKET
Industrial properties
Property ID
US15-0125393
13,248 SF 0.42 ac lot Built 1956
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 13,248-square-foot industrial building, located at 1318 Kossuth Street in Bridgeport, Connecticut, presents a unique investment opportunity. Currently housing a high-end cabinetry business, the property boasts significant recent renovations and upgrades. The building features a well-appointed office suite encompassing five private offices and a reception area, ideal for administrative functions. Two 10-foot overhead doors, one with a partial loading dock, ensure efficient loading and unloading of materials. A centralized dust collection system and an on-site paint booth equipped with HEPA filters demonstrate a commitment to a clean and safe work environment. Energy-efficient LED lighting is installed throughout the building. Recent improvements include an upgraded 800-amp electrical service and a newer hot water heater, reflecting a proactive approach to maintenance and modernization. The 0.42-acre lot provides ample off-street parking for employees and clients. The meticulously maintained interior and modern amenities make this property suitable for a variety of industrial, warehouse, or similar businesses seeking a move-in ready space. The asking price is $1,899,000. This is a rare opportunity to acquire a well-maintained, updated industrial property in a desirable Bridgeport location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1956
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 13,248 SF
Lot 0.42 ac (18,223 SF)
Zoning code LI
APN BRID M:54 B:1701 L:22-A
UPID US15-0125393

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Waste Management Facility Hazardous Waste Disposal
  • Waste Management Facility Hazardous Waste Disposal
  • Waste Management Facility Hazardous Waste Disposal

Location

1318 Kossuth St Bridgeport, CT 06608-1134
Bridgeport metro Census 73500 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
$989k
Blend (final) Blend
$1.26M

Owner & transaction history

since 2022
Last sale
$875,000
7 recorded transactions
2022
$875,000
2022
Price N/A
2009
$200,000
2009
Price N/A
2008
Price N/A
2002
Price N/A
1999
$300,000

Zoning & alternative use

LI · Bridgeport, CT
Top alternative use upside
Office building $1.6M +33.1%
Apartment house (5+ units) $1.5M +26.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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