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    19 Halls Rd Old Lyme, CT 06371

    For Sale
    $4,500,000

    Ideally located retail hub with long-term tenancy and strong demographics.

    Property size:
    50,223 SF
    Lot size:
    5.22 Acres

    Property Features for 19 Halls Rd

    General Information

    Size
    50,223 SF
    Lot size
    5.22 Acres

    Source: Northeast Private Client Group | CT/Metro North Agent Brad Balletto

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

    Overview

    Retail Hub with Upside Potential

    This retail property, comprising 50,223 square feet, is positioned as an area retail hub. It is located within a high barrier to entry market and features long-term, internet-resistant tenancy. The property benefits from strong area demographics and is described as a cash-flowing asset with upside potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Law Office of Khorey ... Real Estate Attorney Sablone Francis Attorney Amy B Weldon Nurse Practitioner Rubino Law LLC Law Firm Hair Trendz Hair ... Hair Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Old Lyme
    County
    New London
    State
    Connecticut
    Longitude
    -72.3341801
    Latitude
    41.3248716

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    FAQs

    What type of property is this?
    Shopping center - Ideally located retail hub with long-term tenancy and strong demographics.
    Where is this shopping center located?
    The property is located at 19 Halls Rd Old Lyme, CT.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Cash flowing asset with upside potential; - Long term internet-resistant tenancy; - Strong area demographics
    (860) 420-9775
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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
    19 Halls Rd Old Lyme, CT 06371
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