46-50 Main St Branford, CT 06405
- Showrooms
- 3,252 SF
- 1.03 lot acres
Current Use by Public Records
- Showrooms
Property Details for 46-50 Main St
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.03 lot acres
- Property size
- 3,252 SF
- Property type
- Showrooms
- APN
- BRAN M:D07-000 B:001 L:00010
- APU
- BRANMD07000B001L00010
Description
This exceptional 1.34-acre commercial land parcel, located at 46-50 North Main Street in Branford, Connecticut (zip code 06405), presents a unique investment opportunity. Situated at a signalized intersection of Route 1 (North Main Street) and Cherry Hill Road, this property boasts significant visibility and accessibility. The lot features substantial frontage: approximately 205 feet on Route 1 and 263.84 feet on Cherry Hill Road. The existing 3,252 square foot commercial building is available for sale or land lease. The property is zoned BL, allowing for a wide variety of commercial uses. The high-traffic location benefits from an average daily traffic count of approximately 16,387 vehicles. This prime location offers unparalleled exposure for any business seeking a prominent presence in Branford. The property's size and zoning make it suitable for a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Contact the listing agent for pricing and further details.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $790,000
- 6.5%
- $740,000
- 7%
- $695,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $675,000
- Geo Method
- $815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $760,000
- Retail
- $625,000
- Mixed-Use
- $705,000
- Hospitality
- $740,000
- Educational
- $620,000
- Residential Income
- $665,000
- Energy
- $805,000
- Income-Based Land
- $635,000
- Food Service
- $715,000
Location Insight
- Map
- Local Demand
- City
- Branford
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.8243
- Latitude
- 41.281
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA