Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    573 E Main St Branford, CT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    22+ acres of industrial land with frontage on East Main.

    Type:LAND
    Lot size:
    22.80 Acres
    Added:
    Feb 17, 2023
    Days on Market:
    1169
    Last Refresh:
    Apr 5 at 11:26 pm

    Property Features for 573 E Main St

    General Information

    Standard status
    Active
    Lot size
    22.80 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    Cheryl Morris
    Cheryl Morris

    Listing agent Cheryl Morris

    Listing office The Geenty Group

    Listing date Feb 17, 2023

    Source Moodyscre

    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 The Geenty Group

    Overview

    Branford Industrial Land For Sale

    This property presents a development opportunity with over 22 acres of industrial land. The site features 800 feet of frontage along East Main Street (US-1) in Branford. The location offers visibility and convenient access to the I-95 five-way interchange at Exit #56 in Branford. Potential access to East Industrial Road may be available. The property is situated in close proximity to restaurants, retail establishments, gas stations, a Stop & Shop, banks, service businesses, and the Shoreline YMCA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop 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
    -72.7596
    Latitude
    41.3

    Nearby Similar for Sale

    • $799,999
      2,325 SF

      Branford Commercial Building on 1.75 Acres

      Well-maintained, renovated commercial building suitable for medical offices or businesses.
      85 School Ground Road, Branford, CT 06405
      View Details
    • $975,000
      3,304 SF

      Branford Multifamily Plus Building Lot

      Rare opportunity: Three-family home plus residential building lot.
      61-63 Home Place, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $1,590,000
      5,335 SF

      Grand Colonial Estate with Income Potential

      Spacious 15-room Colonial with guest house and income potential.
      85 Cherry Hill Road, Branford, CT 06405
      View Details
    • $975,000

      Residential Lot and Multi-Family Home

      Rare opportunity: residential lot plus three-family home in downtown Branford.
      59 Home Place, Branford, CT 06405
      View Details
    • $799,999

      Branford Office Building on 1.75 Acres

      Well-maintained, renovated office building with expansion potential.
      85 School Ground Rd, Branford, CT 06405
      View Details
    • $3,000,000
      3,036 SF

      Branford Mixed-Use Development Opportunity

      3-acre portfolio with mixed-use properties in downtown Branford.
      473 Main Street, Branford, CT 06405
      View Details
    • $339,000

      Approved Building Lot Ready

      Approved 2+ acre residential lot in prime location.
      379 Brushy Plain Road, Branford, CT 06405
      View Details
    • $170,000

      Residential Land in Branford, CT

      Residential lot for a custom single-family home in Branford.
      71 Hilltop Drive, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Branford Mixed-Use Investment Opportunity

      Mixed-use property near downtown Branford with income potential.
      53 Montowese Street, Branford, CT 06405
      View Details
    • $900,000
      10,520 SF

      Industrial Facility Near Stony Creek

      10,520 SF industrial facility near train and brewery.
      4-6 Indian Neck Avenue, Branford, CT 06405
      View Details

    FAQs

    What type of property is this?
    Industrial land - 22+ acres of industrial land with frontage on East Main.
    Where is this industrial land located?
    The property is located at 573 E Main St Branford, CT.
    What is the asking price?
    The asking price for this property is $6,719,510.
    What are key features of this property?
    This property features: 22+ acres of industrial land; **800 feet of frontage on East Main Street (US‑1)**; Easy access to I‑95 via Exit 56
    (203) 488-1005 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cheryl Morris
    Cheryl Morris
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!