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    360 Tunxis Hill Rd Fairfield, CT 06825

    Sponsored
    For Sale
    $3,600,000

    Prime Route 58 Flex Space, $3.6M

    Property size:
    20,273 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 20,273 square foot, three-story flex building in Fairfield, CT, presents a significant redevelopment opportunity. Situated on 0.85 acres in the Designed Commercial District (DCD) Zone, the property boasts 253 linear feet of frontage on Route 58, offering excellent visibility and accessibility. The building, constructed in 1984, includes a 10,028 square foot ground-level garage with 107 parking spaces, a 3,415 square foot first floor previously used as a car dealership, and a 6,830 square foot upper two floors previously occupied by a mixed-use tenant. The property features full HVAC, a wet sprinkler system, an elevator, and two curb cuts on Route 58, plus a side entrance to the upper-level garage on Berkeley Road. Its strategic location near I-95 (1.2 miles), the Fairfield Metro Train Station (1.6 miles), and a Greater Bridgeport Transit Bus Stop, combined with proximity to Fairfield University (less than two miles) and neighboring businesses like TJ Maxx, Stop & Shop, Aldi, and Floor & Decor, makes it an attractive investment. The asking price is $3,600,000, translating to $177.58 per square foot. The property is currently vacant and available for immediate occupancy. Zoning permits a variety of uses, including retail, mixed-use, or residential projects, subject to approval. This offering presents a rare chance to acquire prime real estate with substantial redevelopment potential in a high-traffic area.

    Property Features for 360 Tunxis Hill Rd

    General Information

    Property type
    Flex space
    Square Feet
    20,273 SF
    Lot Size
    37,157 SF

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    3

    HighLights

    • Prime redevelopment opportunity: 20,273 SF three‑story flex building on 0.85 acres in Fairfield, CT, asking $3,600,000 ($177.58/SF).
    • Excellent location: Less than 2 miles from Fairfield University, near I‑95, Fairfield Metro Train Station, and public transit.
    • High visibility: 253 linear feet of frontage on Route 58 with two curb cuts.
    • Expansive space: Includes a 10,028 SF ground‑level garage with 107 parking spaces.
    • Versatile zoning: Permits retail, mixed‑use, or residential development.
    • Strategically located: High‑traffic area near major retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Photographic Research Org ... Corporate Campus Scap Dodge Dodge Dealer Scap - Chrysler Chrysler Dealer Chrysler at Scap Chrysler Dealer Scap Jeep Jeep Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.229671306513
    Latitude
    41.176692011822

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    FAQs

    What type of property is this?
    Flex space - Prime Route 58 Flex Space, $3.6M
    Where is this flex space located?
    The property is located at 360 Tunxis Hill Rd Fairfield, CT.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: Prime redevelopment opportunity: 20,273 SF three-story flex building on 0.85 acres in Fairfield, CT, asking $3,600,000 ($177.58/SF).; Excellent location: Less than 2 miles from Fairfield University, near I-95, Fairfield Metro Train Station, and public transit.; High visibility: 253 linear feet of frontage on Route 58 with two curb cuts.
    Request Owner's contact information
    360 Tunxis Hill Rd Fairfield, CT 06825
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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
    360 Tunxis Hill Rd Fairfield, CT 06825
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