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    8 Turnberry Ln, Unit Newtown Sandy Hook, CT 06482

    For Sale
    $975,000

    Development opportunity with plans for climate and non-climate controlled units.

    Property size:
    2 SF

    Property Features for 8 Turnberry Ln

    General Information

    Size
    2 SF

    Source: Alice Fitzsimons Agent Alice Fitzsimons

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

    Overview

    Self-Storage Development Opportunity

    This property, priced at $975,000, presents an investment opportunity in an undersaturated market. Situated on 2.59 acres, the project includes plans for 282 climate-controlled units and 40 non-climate-controlled units, totaling 35,500 net rentable square feet. The facility is positioned to benefit from an affluent and growing population.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Self storage facilities

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Department Store Kitchen & Bath Food Market Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Sandy Hook
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.258636
    Latitude
    41.405802

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    FAQs

    What type of property is this?
    Self storage facility - Development opportunity with plans for climate and non-climate controlled units.
    Where is this self storage facility located?
    The property is located at 8 Turnberry Ln, Unit Newtown Sandy Hook, CT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Investment opportunity in an undersaturated market.; - Plans for **282 climate-controlled units** and 40 non-climate-controlled units.; - Total of **35,500 net rentable square feet.**
    Request Owner's contact information
    8 Turnberry Ln, Unit Newtown Sandy Hook, CT 06482
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    8 Turnberry Ln, Unit Newtown Sandy Hook, CT 06482
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