Professional Medical Office
For Sale
Contact for pricing
555 Newfield Avenue, Stamford, CT 06905
Well-located office building with on-site parking and visibility along Newfield Avenue.
Property Size1,306 SF
Price / SF$382.08
Days on Market122
Property Features for 555 Newfield Avenue
General Information
Standard status
Active
Size
1,306 SF
Property subtype
Office
Building Details
Tenancy
Single
Listing Agency:
Newmark - Stamford
Listed By:
Tim Rorick · License #CT 0761363
(203) 531-3622
Source:
Crexi
Added: Jun 17
Changed: Oct 14
Last Checked: Oct 16 at 6:36AM
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 Newmark - Stamford
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Investment Insights
Based on property information with market context.
555 Newfield Avenue is a professional medical and office property offering space for a variety of healthcare and professional users. The building is positioned as a professional setting within an established residential and medical corridor, designed to support day-to-day operations where client and patient access are important.
The property benefits from visibility along Newfield Avenue and offers convenient access to downtown Stamford, the Merritt Parkway, and surrounding Fairfield County communities. On-site parking is available for employees and visitors, supporting an accessible suburban office environment.
For healthcare and professional tenants or buyers seeking a building that can accommodate medical and office use, this property provides a practical combination of professional setting, roadway exposure, and on-site parking. Its mix of healthcare-oriented occupancy and general office compatibility may fit organizations looking for a convenient, patient- and client-friendly location within Stamford’s medical corridor.
The property benefits from visibility along Newfield Avenue and offers convenient access to downtown Stamford, the Merritt Parkway, and surrounding Fairfield County communities. On-site parking is available for employees and visitors, supporting an accessible suburban office environment.
For healthcare and professional tenants or buyers seeking a building that can accommodate medical and office use, this property provides a practical combination of professional setting, roadway exposure, and on-site parking. Its mix of healthcare-oriented occupancy and general office compatibility may fit organizations looking for a convenient, patient- and client-friendly location within Stamford’s medical corridor.
Key Highlights
- Professional and medical office property in Stamford’s Newfield neighborhood
- Convenient access to downtown Stamford, the Merritt Parkway, and Fairfield County communities
- Strong visibility along Newfield Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,081
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,620
$401.6K
Cap Rate 7%
$286,871
$286.9K
Cap Rate 9%
$223,122
$223.1K
Market Conditions
NOI Build-Up for 1,306 SF
Gross rent
$36.8K $28.20/SF
− Vacancy
−$10.1K −$7.70/SF
EGI
$26.8K $20.50/SF
− OpEx
−$6.7K −$5.13/SF
NOI
$20.1K $15.38/SF
Area
Stamford, CT
Vacancy
27.30%
Lease Rate
$28.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,620
Cap Rate 7%
$286,871
Cap Rate 9%
$223,122
Alternative Uses
Best Use
Office B
$286.9K
$251.0K – $334.7K
NOI $20,081 @ 7.0% cap · market cap 4.02%
Second Best
Healthcare Medical
$281.7K
$246.5K – $328.7K
NOI $19,719 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$472.2K
$413.2K – $550.9K
NOI $33,055 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06905, CT
21,809
Population
8,726
Households
2.5
Avg Household Size
39
Median Age
62%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
4,276
Density / Sq Mi
$132,730
Median Household Income
$70,273
Median Earnings
$2,330
Median Rent
$608,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Stamford Veterinary Center & My Pet Lodge — 633 Hope St, Stamford, CT 06907
Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-located office building with on-site parking and visibility along Newfield Avenue.
Where is this medical office space located?
The property is located at 555 Newfield Avenue Stamford, CT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Professional and medical office property in Stamford’s Newfield neighborhood; Convenient access to downtown Stamford, the Merritt Parkway, and Fairfield County communities; Strong visibility along Newfield Avenue
