Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    972 W Main St Branford, CT 06405

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime retail location on the area’s busiest retail corridor.

    Property size:
    1,395 SF
    Lot size:
    1.12 Acres

    Property Features for 972 W Main St

    General Information

    Size
    1,395 SF
    Lot size
    1.12 Acres

    We can help!

    Listing Contact
    Dominick Musilli
    Dominick Musilli
    Source: Moodyscre

    Listing Agent: Dominick Musilli

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

    Learn more

    Property Insight Report

    Overview

    Retail Space on Route 1

    This retail space is located in a highly visible strip center on Route 1. The property offers excellent signage opportunities. The property has been recently renovated with new mechanicals. The available space measures 1395 square feet and is located on the area’s busiest retail corridor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Donut Crazy Branford Bakery T-Mobile Authorized Retailer Mobile Phone Store Town Fair Tire ... Auto Repair Shop Sport Clips Haircuts ... Hair Salon

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8336896
    Latitude
    41.2761943

    Nearby Similar for Lease

    • $700 /Mo
      60 SF

      Downtown Branford Treatment Room

      Treatment room in downtown Branford, ideal for spa or medical.
      183 Montowese St, Branford, CT 06405
      View Details
    • New
      $400 /Mo
      3,000 SF

      Turn-Key Office Space Available

      Full-service office space with shared amenities near downtown Branford.
      491 Main St, Branford, CT 06405
      View Details
    • $4,500 /Mo
      2,720 SF

      Branford Retail/Restaurant Space Available

      Prime downtown Branford location suitable for retail or restaurant use.
      1205 Main St, Branford, CT 06405
      View Details
    • New
      $1,500 /Mo
      1,476 SF

      Branford Commercial Space For Lease

      Two-story commercial building with high visibility and ample parking.
      303 Main St, Branford, CT 06405
      View Details
    • $2,750 /Mo

      Modern Luxury Apartment with River Views

      One-year-old, 3-bedroom apartment with river views, near town center.
      245 E Main St, Branford, CT 06405
      View Details
    • $1,125 /Mo
      650 SF

      Move-in Ready Office Suite

      Second-floor office suite in Branford, ideal for professionals.
      765 E Main St, Branford, CT 06405
      View Details
    • $2,500 /Mo

      Upgraded Home in Desirable Neighborhood

      Renovated home with flexible space, modern kitchen, and large yard.
      33 Silver St, Branford, CT 06405
      View Details
    • Contact for pricing
      19,824 SF

      Branford Industrial Space for Lease

      19,824 SF New Construction, Biotech Ready
      13 Sycamore Way, Branford, CT 06405
      View Details
    • $2,195 /Mo

      Remodeled Apartment Near Branford Green

      Remodeled first-floor apartment near Branford Green with modern amenities.
      75 S Main St, Branford, CT 06405
      View Details
    • $2,400 /Mo

      Remodeled Shoreline Apartment For Rent

      Spacious one-bedroom apartment near the beach and Long Island Sound.
      14 Elizabeth St, Branford, CT 06405
      View Details
    • $11 SF/Yr
      47,770 SF

      Branford Industrial Flex Space

      Prime Branford flex space, I-95 access.
      36 Industrial Rd, Branford, CT 06405
      View Details
    • Contact for pricing
      7,300 SF

      R&D Lab Space Available

      7,300± SF R&D lab space for lease, fully equipped.
      21 Business Park Dr, Branford, CT 06405
      View Details

    FAQs

    What type of property is this?
    Strip mall - Prime retail location on the area’s busiest retail corridor.
    Where is this strip mall located?
    The property is located at 972 W Main St Branford, CT.
    What are key features of this property?
    This property features: - Prime location on the area's busiest retail corridor (Rt. 1).; - Highly visible strip center.; - Excellent signage.
    (203) 744-7777
    Request Owner's contact information
    972 W Main St Branford, CT 06405
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    972 W Main St
    Branford, CT 06405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    972 W Main St Branford, CT 06405
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dominick Musilli
    Dominick Musilli
    (203) 744-7777
    Learn more
    Google sign-in failed. Please try again or use another login method.