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Property profile & analytics
FOR SALE
Showrooms

1 Boston Post Rd Milford, CT 06460

8,654 SF 1.92 ac lot Built 1990
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US15-0466011
1 Boston Post Rd, Milford, CT 06460 For Sale
$1,285,000 8,654 SF
1 Boston Post Rd, Milford, CT 06460
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Property summary
AI-generated overview

This exceptional 2.47-acre property at 1 Boston Post Road in Milford, Connecticut, presents a remarkable investment opportunity. Zoned CDD3, this land offers significant flexibility for a variety of commercial uses, including retail, restaurants, offices, a commercial garage, gas station, or car wash. The site boasts two existing buildings, each two stories, totaling 21,840 square feet, providing immediate potential for redevelopment or repurposing. The property's prime location offers easy access to I-95 via exits 35 and 36, ensuring high visibility and convenient access for customers and employees. This former car dealership/retail site is being offered for sale at $4,900,000. An additional 2.42 acres of land is available via a long-term lease, presenting an opportunity to expand the development footprint significantly. Located in New Haven County, with a Milford, CT 06460 zip code, this property is situated at 41.213823 latitude and -73.0776046 longitude. The property's versatility and strategic location make it an ideal investment for developers and entrepreneurs seeking a high-impact commercial venture in a thriving Connecticut market. Serious inquiries only.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1990
Construction STEEL FRAME
Total area 8,654 SF
Lot 1.92 ac (83,635 SF)
Zoning code CDD3
APN MILF M:34 B:335-A L:2A-3
UPID US15-0466011
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Blink Charging Station Electric Vehicle Charging Station
  • Dan Perkins Subaru Parts Auto Parts Store
  • Perkins Group Business Development Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.29M
Owner & transaction history
Perkins Fam Partnership · 12 yrs held
Perkins Fam Partnership
since 2014
2 recorded transactions
2014
Price N/A
2001
Price N/A
Zoning & alternative use
CDD3 · Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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