Medical Office Condo in Office
125 Strawberry Hill Avenue Unit 101 Stamford, CT 06902
125 Strawberry Hill Avenue Unit 101, Stamford, CT, 06902
$265,000
For Sale
$265,000
Unit 101 is positioned off the entry foyer with close parking-lot access in a professional office building.
Property Size874 SF
Price / SF$303.20
Days on Market138
Property Features for 125 Strawberry Hill Avenue Unit 101
General Information
- Standard status
- Active
- Size
- 874 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1966
Listing agency
eXp Realty
(203) 981-6398
Listed by
Jeff Turner
(203) 981-6398
Source
Xome
Added: Mar 6 Updated: Jul 21 at 4:01PM Checked: Jul 22 at 3:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
For sale, Unit 101 is an office condo within a professional office building, presented as a fit for a medical practice or other professional users. The suite is located off the entry foyer and is described as the closest option for easier patient and client access from the parking lot.
The building is situated across the street from Stamford Hospital’s Tully Health Center, and the remarks also note proximity to downtown.
This opportunity is offered with ownership, rather than leasing, according to the provided information.
The building is situated across the street from Stamford Hospital’s Tully Health Center, and the remarks also note proximity to downtown.
This opportunity is offered with ownership, rather than leasing, according to the provided information.
Key Highlights
- Office condo in a professional office building, Unit 101 positioned off the entry foyer
- Unit 101 offers close parking‑lot access for patient/client entry
- Located across the street from Stamford Hospital’s Tully Health Center
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.6k | $28.20 |
| − Vacancy | −$6.7k | −$7.70 |
| EGI | $17.9k | $20.50 |
| − OpEx | −$4.5k | −$5.13 |
| NOI | $13.4k | $15.38 |
874 SF · lease $28.20/SF/yr · vacancy 27.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$192.0K
$168.0K – $224.0K
NOI $13,439 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$188.5K
$165.0K – $219.9K
NOI $13,196 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$316.0K
$276.5K – $368.7K
NOI $22,121 @ 7.0% cap · market cap 8.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bauer Philip J ...
Dental Office
Philip J Bauer ...
Dental Office
Richard A Frohwirth PHD
Counselor
Dan Tyler - State ...
Insurance Agency
Advanced Allergy/immunology
Medical Clinic
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FAQs
What type of property is this?
Medical Office Space - Unit 101 is positioned off the entry foyer with close parking-lot access in a professional office building.
Where is this medical office space located?
The property is located at 125 Strawberry Hill Avenue Unit 101 Stamford, CT.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Office condo in a professional office building, Unit 101 positioned off the entry foyer; Unit 101 offers close parking‑lot access for patient/client entry; Located across the street from Stamford Hospital’s Tully Health Center
