Development Opportunity Near
For Sale
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348 Surf Ave, Stratford, CT 06615
1.14 acres for sale in a Designated Opportunity Zone.
Property Size3,305 SF
Lot Size1.14 Acres
Price / SF$393.34
Days on Market1132
Property Features for 348 Surf Ave
General Information
Standard status
Active
Size
3,305 SF
Lot size
1.14 Acres
Property subtype
Industrial, Land
Zoning
Light Industrial District (MA)
Listing Agency:
Angel Commercial LLC
Listed By:
Jon Angel · License #REB.0755898
(203) 335-6600
Source:
Crexi
Added: Jul 31, 2023
Changed: Aug 21
Last Checked: Sep 2 at 6:33AM
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 Angel Commercial LLC
Investment Insights
Based on property information with market context.
This portfolio presents a commercial development opportunity on 1.14 acres with highway visibility. Located in a Designated Opportunity Zone, the purchaser of this portfolio may be eligible for capital gains tax benefits. Comprised of five adjacent properties in a Light Industrial District (MA) Zone, the Surf Avenue portfolio includes three parcels of vacant land and two parcels that have building structures in need of demolition: a 3,305 SF warehouse and a 1,200 SF garage at 348 Surf Avenue, and a 1,064 SF residential home at 376 Surf Avenue. The portfolio boasts 381 linear feet of frontage along Surf Avenue. Its location provides accessibility and is near the FedEx Ship Center, UPS, Dunkin', Raymour & Flanigan Distribution Center, and the Amazon Delivery Station. The Coastal Link Bus Stop located at Stratford Avenue and Surf Avenue is 0.6 miles away, and Sikorsky Memorial Airport is 2.1 miles away.
Key Highlights
- 1.14 acre development opportunity in a designated opportunity zone (potential capital gains tax benefits).
- Highway visibility with 381 linear feet of frontage on Surf Avenue.
- Strategic location: Just off I‑95 Exit 30, offering excellent accessibility.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
Explore this area
Business Placement
Demographics for 06615, CT
18,606
Population
7,448
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
90%
High-School Grad
6.4 sq mi
ZIP Area
2,907
Density / Sq Mi
$80,707
Median Household Income
$45,397
Median Earnings
$1,515
Median Rent
$348,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 1.14 acres for sale in a Designated Opportunity Zone.
Where is this commercial land located?
The property is located at 348 Surf Ave Stratford, CT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1.14 acre development opportunity in a designated opportunity zone (potential capital gains tax benefits).; Highway visibility with 381 linear feet of frontage on Surf Avenue.; Strategic location: Just off I‑95 Exit 30, offering excellent accessibility.
