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    618-620 Main St Branford Ct Branford, CT 06405

    Sponsored
    For Sale
    $3,245,000

    11 Acres, US-1 Frontage, IG-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11-acre industrial land parcel offers significant development potential. Located on East Main Street (US-1) in Branford, Connecticut, this property boasts 397 feet of frontage along a busy thoroughfare with a daily traffic count of 8,200 vehicles. The IG-2 zoning allows for a variety of industrial uses. Conveniently situated near the I-95 Exit 56 five-way interchange, this location provides easy access to major transportation routes. The property consists of two contiguous parcels (1.5 acres and 9.5 acres). Nearby amenities include restaurants, retail shops, gas stations, a Stop & Shop supermarket, banks, and the Shoreline YMCA. This valuable land presents a strong investment opportunity, and the possibility of acquiring an adjacent 20-acre parcel to create a 31-acre site exists. The asking price is $3,245,000. The zip code is 06405, and the property address is 618-620 East Main Street, Branford, CT.

    Property Features for 618-620 Main St Branford Ct

    General Information

    Property type
    Land
    Lot Size
    479,160 SF

    HighLights

    • 11‑acre industrial land parcel in Branford, CT with significant development potential.
    • 397' of frontage on US‑1 (East Main Street) with 8,200 VPD.
    • IG‑2 zoning allows for various industrial uses.
    • Excellent access to I‑95 (Exit 56).
    • Two contiguous parcels (1.5 acres & 9.5 acres).
    • $3,245,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.759930861294
    Latitude
    41.301567310615

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    FAQs

    What type of property is this?
    Land - 11 Acres, US-1 Frontage, IG-2 Zoning
    Where is this land located?
    The property is located at 618-620 Main St Branford Ct Branford, CT.
    What is the asking price?
    The asking price for this property is $3,245,000.
    What are key features of this property?
    This property features: 11-acre industrial land parcel in Branford, CT with significant development potential.; 397' of frontage on US-1 (East Main Street) with 8,200 VPD.; IG-2 zoning allows for various industrial uses.
    Request Owner's contact information
    618-620 Main St Branford Ct Branford, CT 06405
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    Branford, CT 06405
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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
    618-620 Main St Branford Ct Branford, CT 06405
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