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    596 Main St Branford, CT 06405

    Sponsored
    For Sale
    $6,018,000

    20 Acres, I-95 Access, Prime Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20.4-acre industrial land parcel presents a prime development opportunity in Branford, Connecticut. Strategically located on East Main Street (US-1), this property boasts over 1,000 feet of frontage and enjoys excellent visibility due to a daily traffic count of 8,200 vehicles. The site consists of three contiguous parcels (1.84 acres, 1.65 acres, and 16.91 acres), all zoned IG-2, providing significant flexibility for various development projects. Three existing buildings, currently occupied on a month-to-month basis, offer a potential "covered land play." Convenient access to I-95 via Exit 56 ensures seamless connectivity to regional transportation networks. The property's location is further enhanced by its proximity to a range of amenities, including restaurants, retail establishments, gas stations, a Stop & Shop supermarket, banks, and the Shoreline YMCA. This ready-for-redevelopment site offers substantial value, particularly given its prime location and IG-2 zoning. The property may be purchased in conjunction with adjacent lots, totaling 33 acres. Three existing curb cuts provide convenient access points.

    Property Features for 596 Main St

    General Information

    Property type
    Land
    Lot Size
    888,624 SF

    HighLights

    • $6,018,000 asking price for 20.4 acres of industrial land.
    • Located at 596 E Main St, Branford, CT 06405, with over 1,000 feet of frontage on US‑1.
    • IG‑2 zoning.
    • Excellent I‑95 access (Exit 56).
    • Three existing buildings on month‑to‑month leases.
    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
    -72.7627971
    Latitude
    41.3005793

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    FAQs

    What type of property is this?
    Land - 20 Acres, I-95 Access, Prime Development
    Where is this land located?
    The property is located at 596 Main St Branford, CT.
    What is the asking price?
    The asking price for this property is $6,018,000.
    What are key features of this property?
    This property features: $6,018,000 asking price for 20.4 acres of industrial land.; Located at 596 E Main St, Branford, CT 06405, with over 1,000 feet of frontage on US-1.; IG-2 zoning.
    Request Owner's contact information
    596 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
    596 Main St Branford, CT 06405
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