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    5 Roosevelt St Bridgeport, CT 06608

    Sponsored
    For Sale
    $995,000

    Industrial warehouse, 10,920 sq ft, 0.87 acres

    Property size:
    10,920 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Bridgeport, Connecticut industrial warehouse, located at 5 & 13 Roosevelt Street, offers 10,920 square feet of space on a 0.87-acre lot. Zoned ILI - Light Industrial, the property features three dock-high doors, and ceiling heights ranging from 12 to 17 feet. The building comprises four warehouse sections and approximately 1,000 square feet of office space distributed across two levels. Previously used for heavy equipment storage by a construction company for 25 years, this property presents a unique opportunity for a user to continue its current function or undertake renovations. The site allows for outdoor storage of materials, as evidenced by past use. The property boasts convenient access, situated just five minutes from the I-95 connector. Annual property taxes are $14,092. The property includes three-phase power. Seller financing is available.

    Property Features for 5 Roosevelt St

    General Information

    Property type
    Distribution properties
    Square Feet
    10,920 SF
    Lot Size
    37,897 SF

    HighLights

    • 10,920 SF building
    • 0.87‑acre lot
    • $14,092 annual property taxes
    • Three overhead doors
    • 12‑17' ceiling clearance
    • Light Industrial (ILI) zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.186102
    Latitude
    41.198579

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, 10,920 sq ft, 0.87 acres
    Where is this distribution property located?
    The property is located at 5 Roosevelt St Bridgeport, CT.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: 10,920 SF building; 0.87-acre lot; $14,092 annual property taxes
    Request Owner's contact information
    5 Roosevelt St Bridgeport, CT 06608
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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
    5 Roosevelt St Bridgeport, CT 06608
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