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    1205 E Putnam Ave Greenwich, CT 06830

    For Sale
    Contact for pricing

    Undeveloped land in Riverside section of Greenwich.

    Property size:
    26,122 SF
    Lot size:
    0.59 Acres

    Property Features for 1205 E Putnam Ave

    General Information

    Size
    26,122 SF
    Lot size
    0.59 Acres

    Source: Tedesco Realty Agent Michael J. Tedesco

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

    Overview

    Prime Land on East Putnam

    This undeveloped land represents the last prime site available along East Putnam Avenue (US Route 1) in the Riverside section of Greenwich. Featuring a rectangular shape and level topography, the site is suitable for a variety of commercial and multifamily uses as permitted by the LB Zone. The property is positioned at the intersection of East Putnam Avenue and I-95 Exit 5, benefiting from an average daily traffic count exceeding 25,000 cars. Adjacent to the site are a newly rebuilt McDonald’s restaurant and the Thruway Shopping Center. The site includes a house constructed prior to 1900. The property allows for commercial development up to 13,061 square feet on two floors or multi-family development up to 19,592 square feet on three floors. The property size is 26,122 square feet.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Greenwich
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5797762
    Latitude
    41.041957

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    FAQs

    What type of property is this?
    Commercial land - Undeveloped land in Riverside section of Greenwich.
    Where is this commercial land located?
    The property is located at 1205 E Putnam Ave Greenwich, CT.
    What are key features of this property?
    This property features: - Last undeveloped prime site on East Putnam Avenue (US Route 1) in Riverside, Greenwich.; - **High-traffic location** at the intersection of East Putnam Avenue and I-95 Exit 5 (over 25,000 cars daily).; - Zoned for commercial (up to 13,061 SF on 2 floors) or multi-family (up to 19,592 SF on 3 floors) development.
    (203) 531-5939
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    1205 E Putnam Ave Greenwich, CT 06830
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    Greenwich, CT 06830
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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
    1205 E Putnam Ave Greenwich, CT 06830
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