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    79 Route 32 Franklin, CT 06254

    For Lease
    $2,000 /Mo ($17 SF/Yr)

    1340 SF retail building on 1.9 acres for lease.

    Property size:
    1,340 SF
    Lot size:
    1.90 Acres

    Property Features for 79 Route 32

    General Information

    Standard status
    Active
    Size
    1,340 SF
    Lot size
    1.90 Acres

    Building Details

    Year built
    1970

    Source: Samuel Lyman, Broker Agent SAM LYMAN

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

    Overview

    Retail Property on 1.9 Acres

    This 1,340 square foot building is available for sale or lease. Constructed in 1970, the property is situated on 1.9 acres with 437 feet of frontage. It is located just off Route 2 on the main retail corridor. The property has gas heating, well water, and septic utilities. It is zoned C-2 and has a traffic count of 13,200. The building was previously used as a daycare and educational facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    New London
    State
    Connecticut
    Longitude
    -72.13189
    Latitude
    41.572678

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    FAQs

    What type of property is this?
    Day care center - 1340 SF retail building on 1.9 acres for lease.
    Where is this day care center located?
    The property is located at 79 Route 32 Franklin, CT.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Count: 13,200 vehicles daily.; - Excellent Frontage: 437 Ft on the main retail corridor.; - Large Lot Size: 1.9 Acres.
    (860) 876-0359
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    Realmo Value Estimation

    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.

    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.

    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
    79 Route 32 Franklin, CT 06254
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