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    573 Main St Branford, CT 06405

    Sponsored
    For Sale
    $6,719,510

    22+ Acres, I-95 Access, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 22.778-acre parcel presents a remarkable development opportunity in Branford, Connecticut. Located at 573 East Main Street (US-1), this agricultural property, zoned IG-2, boasts unparalleled visibility and accessibility. The expansive lot features approximately 800 feet of frontage along the heavily trafficked East Main Street, ensuring significant exposure for any future development. Its strategic location provides convenient access to the I-95 five-way interchange at Exit 56, facilitating seamless regional connectivity. The property also offers potential access to East Industrial Road, further enhancing its logistical advantages. This prime location is surrounded by a wealth of amenities, including restaurants, retail establishments, gas stations, a Stop & Shop supermarket, banks, and other essential services. The nearby Shoreline YMCA adds to the area's appeal. The asking price for this exceptional development site is $6,719,510. This is a rare opportunity to acquire a large, strategically located parcel in a thriving Connecticut community. The property's size, zoning, and location combine to create a compelling investment prospect with significant potential for future growth and return. Don't miss this chance to secure a piece of Branford's vibrant commercial landscape. The property is situated in New Haven County, Connecticut, with a zip code of 06405.

    Property Features for 573 Main St

    General Information

    Property type
    Farms
    Lot Size
    992,210 SF

    HighLights

    • 22.778‑acre development site in Branford, CT.
    • Located on US‑1 (East Main Street) with 800ft of frontage.
    • IG‑2 zoning.
    • Excellent access to I‑95 (Exit 56) and potential access to East Industrial Road.
    • Surrounded by amenities including retail, restaurants, and a supermarket.
    • Asking price: $6,719,510.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.759587
    Latitude
    41.2999889

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    FAQs

    What type of property is this?
    Farm - 22+ Acres, I-95 Access, High Visibility
    Where is this farm located?
    The property is located at 573 Main St Branford, CT.
    What is the asking price?
    The asking price for this property is $6,719,510.
    What are key features of this property?
    This property features: 22.778-acre development site in Branford, CT.; Located on US-1 (East Main Street) with 800ft of frontage.; IG-2 zoning.
    Request Owner's contact information
    573 Main St 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
    573 Main St Branford, CT 06405
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