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    483 Monroe Tpke Monroe, CT 06468

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    For Lease
    $2,700 /Mo ($29 SF/Yr)

    Retail space for rent in high-traffic Monroe, Connecticut.

    Property size:
    1,100 SF
    Lot size:
    1.15 Acres

    Property Features for 483 Monroe Tpke

    General Information

    Size
    1,100 SF
    Lot size
    1.15 Acres

    Source: KNG Realty Agent Jeremy Goun

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

    Overview

    Retail Space in Busy Plaza

    This retail space, totaling 1100 square feet, is situated within a busy shopping plaza. The unit features 11-foot ceilings and is located in a high-traffic area on Route 11 in Monroe, Connecticut. The space benefits from abundant natural light and includes a single bathroom. A large back room is available for storing inventory, making it suitable for a retail store.
    Insight Report Location Intelligence

    Current Use by Public Records

    Charlene's Barber Shop ... Barber Shop Coco Nails Nail Salon Excavating Solution Excavating Contractor JAVA JOINT Cafe Serenity Spa Massage Spa

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2178709
    Latitude
    41.3157865

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    FAQs

    What type of property is this?
    Retail space - Retail space for rent in high-traffic Monroe, Connecticut.
    Where is this retail space located?
    The property is located at 483 Monroe Tpke Monroe, CT.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location on RT. 11 in Monroe CT; - 1100 +/- SF Retail Space; - Located in a busy shopping plaza
    (631) 678-3642
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    483 Monroe Tpke Monroe, CT 06468
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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
    483 Monroe Tpke Monroe, CT 06468
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