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    Established Auto Sales Business Opportunity Title is generated by Realmo AI

    115 Jefferson Street, Stamford, CT 06902

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    For Sale
    $230,000

    Profitable used car dealership with service department and tool inventory.

    Type:Business Opportunity
    Property size:
    10,000 SF
    Price / SF:
    $23/SF
    Added:
    Apr 29, 2026
    Days on Market:
    31
    Last Refresh:
    May 8 at 4:07 am

    Property Features for 115 Jefferson Street

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Business Opportunity

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Nelly Navarrete

    Listing agent Nelly Navarrete License #RES.0780417

    Listing office Keller Williams Prestige Prop.

    Listing date Apr 29, 2026

    Source Iverty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prestige Prop.

    HighLights

    • Established business with both retail (used car sales) and service income streams.
    • Highly profitable and reputable service department with recurring revenue and loyal customer base.
    • Includes a large inventory of Matco tools, offering significant added value.
    • Turnkey operation with proven performance and growth potential.
    • Reliable flow of used vehicle sales and solid local market presence.
    • Business has been successfully operating for many years.

    Overview

    Harbor View Auto Sales LLC presents an opportunity for a buyer seeking both retail and service income. The business has been operating for many years as a used car dealership, complemented by a service department. The service side of the business provides recurring revenue and a customer base. The sale includes an inventory of Matco tools, offering added value. Harbor View Auto Sales benefits from used vehicle sales and a presence in the local market, making it a turnkey operation with performance and growth potential. The property size is 10000 square feet and is located at 115 Jefferson Street, Stamford, CT 06902.
    Location Intelligence

    Current Use by Public Records

    Harbor View Auto ... Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Jerry's Auto — 28 stone st, stamford, ct 06902
    • Used Transmissions and Engines — Stamford, CT 06902, United States
    • Villa Toro Mechanic — 5 Rugby St, Stamford, CT 06902
    • Lone Star Repair Service — 780 Pacific St, Stamford, CT 06902
    • H O Automotive — 30 Dyke Ln, Stamford, CT 06902

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5299075
    Latitude
    41.0494644

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    FAQs

    What type of property is this?
    Auto shop - Profitable used car dealership with service department and tool inventory.
    Where is this auto shop located?
    The property is located at 115 Jefferson Street Stamford, CT.
    What is the asking price?
    The asking price for this property is $230,000.
    What are key features of this property?
    This property features: Established business with both retail (used car sales) and service income streams.; Highly profitable and reputable service department with recurring revenue and loyal customer base.; Includes a large inventory of Matco tools, offering significant added value.
    (203) 249-4077
    We can help!
    Listing Contact
    Nelly Navarrete
    Real Estate License ID: RES.0780417
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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