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    447 Monroe Tpke Monroe, CT 06468

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    For Lease
    Contact for pricing

    Renovated retail space with high visibility and ample parking.

    Property size:
    2,075 SF
    Lot size:
    2.37 Acres

    Property Features for 447 Monroe Tpke

    General Information

    Size
    2,075 SF
    Lot size
    2.37 Acres

    Source: Charter Realty & Development - Westport Agent Kerry Wood

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

    Overview

    Retail Space on Monroe Turnpike

    This retail space features a newly renovated facade and a corner location providing excellent visibility from the Monroe Turnpike. A traffic light facilitates easy access to the shopping center. Situated on Route 11, the location benefits from a high-traffic retail corridor with over 21,000 vehicles passing daily. The area is densely populated with strong demographics. On-site parking is available with 120 spaces. The property offers 2,075 square feet of space.
    Insight Report Location Intelligence

    Current Use by Public Records

    Koko FitClub of Monroe Yoga Studio Monroe Cleaners Dry Cleaner Subway Fast Food Restaurant Cardsmart Gift Shop Linda'S Story Time Book Store

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk | Bitcoin ATM, Monroe Plaza Shopping Center, Gaslight Square

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2193343
    Latitude
    41.3143883

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    FAQs

    What type of property is this?
    Shopping center - Renovated retail space with high visibility and ample parking.
    Where is this shopping center located?
    The property is located at 447 Monroe Tpke Monroe, CT.
    What are key features of this property?
    This property features: - High traffic retail corridor on Route 11 with over 21,000 vehicles per day; - Great corner location with excellent visibility from the Monroe Turnpike; - Parking: 120 on-site spaces
    (203) 520-1794
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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
    447 Monroe Tpke Monroe, CT 06468
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