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    1118-1130 E Putnam Ave Greenwich, CT 06830

    For Sale
    Contact for pricing

    1.14 acre corner lot with mixed-use investment potential.

    Lot size:
    1.14 Acres

    Property Features for 1118-1130 E Putnam Ave

    General Information

    Lot size
    1.14 Acres

    Source: Tedesco Realty Agent Michael J. Tedesco

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

    Overview

    Riverside Corner Mixed-Use Investment

    This 1.14-acre corner property in Riverside features mixed-use investment potential. The site, totaling 49,745 square feet, includes 9,592 square feet of improvements across three buildings, plus storage and a garage. Currently zoned LB and R-12, the property is leased to Mavis Auto with a lease extending up to 13 years, providing a 7% return. The property is suitable for its current use or redevelopment as a retail center.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    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

    Shell, Mavis Discount Tire, Complete Auto & Truck Repairs, Mavis Tires & Brakes, cycletech performance

    Location Insight

    • Map
    • Local Demand
    City
    Greenwich
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5839322
    Latitude
    41.0404606

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    FAQs

    What type of property is this?
    Auto shop - 1.14 acre corner lot with mixed-use investment potential.
    Where is this auto shop located?
    The property is located at 1118-1130 E Putnam Ave Greenwich, CT.
    What are key features of this property?
    This property features: - 7% Return on Investment; - **Riverside Corner Location on 1.14 Acres**; - Mixed-Use Investment Potential
    (203) 531-5939
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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
    1118-1130 E Putnam Ave Greenwich, CT 06830
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