20,000 SF Light Industrial
75 Research Dr Stamford, CT 06906
For Sale
$4,200,000
20,000 SF light industrial warehouse with flexible space.
Property Size20,000 SF
Price / SF$210
Days on Market98
Property Features for 75 Research Dr
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Commercial
Building Details
Year Built
1940
Listing Agency:
Grand Estates LLC
(203) 539-1701
Listed By:
Jeffrey Stern
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 11:57AM
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 Grand Estates LLC
Investment Insights
Based on property information with market context.
This property offers approximately 20,000 square feet of light industrial warehouse space. It includes 15 to 20 parking spaces, a 12-foot ceiling, one 10-foot bay door, and one loading dock. The space is currently configured with an office, a retail sales area, a cigar lounge, and a commercial kitchen, all of which can be removed to expand the warehouse area. The property is divided into three spaces, presenting opportunities for investors or owner-users. The location has a walk score of 59, indicating it is somewhat walkable, a bike score of 35, indicating it is somewhat bikeable, and a transit score of 48, indicating some transit options are available.
Key Highlights
- 20,000 sq ft of light industrial warehouse space.
- Flexible space suitable for owner/user or investor.
- Features one 10 ft bay door and one loading dock.
Financial Insights For Retail
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 | $520.8k | $26.04 |
| − Vacancy | −$28.6k | −$1.43 |
| EGI | $492.2k | $24.61 |
| − OpEx | −$147.6k | −$7.38 |
| NOI | $344.5k | $17.23 |
20,000 SF · lease $26.04/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$5.69M
$4.98M – $6.64M
NOI $398,430 @ 7.0% cap · market cap 9.49%
Second Best
Retail
$4.92M
$4.31M – $5.74M
NOI $344,509 @ 7.0% cap · market cap 8.20%
Theoretical Best
Office A
$7.23M
$6.33M – $8.44M
NOI $506,204 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Life Storage — 649 Hope St, Stamford, CT 06907
- Storage Sense - Stamford — 317 Courtland Ave, Stamford, CT 06906
- West End Moving and Storage Warehouse — 120 Viaduct Rd, Stamford, CT 06907
- Kaster Moving Co., Inc. — 66 Viaduct Rd, Stamford, CT 06907
Frequently Asked Questions
What type of property is this?
Warehouse - 20,000 SF light industrial warehouse with flexible space.
Where is this warehouse located?
The property is located at 75 Research Dr Stamford, CT.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 20,000 sq ft of light industrial warehouse space.; Flexible space suitable for owner/user or investor.; Features one 10 ft bay door and one loading dock.
