Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    144 Main St Branford, CT 06405
    Back to Search
    Property profile & analytics

    144 Main St Branford, CT 06405

    View on Map
    • Office Spaces
    • 12,800 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Norma Gomez / Dental Office
    • Ms. Tina Mulinski / Physician
    • Shoreline Retirement Group / Financial Advisor
    • Amy Gallagher / Foster Care Service / Social Service Agency
    • Steven Mahoney / Foster Care Service / Social Service Agency

    Property Details for 144 Main St

    Year built
    1976
    Property size
    12,800 SF
    Property type
    Office Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 1,280 square foot medical office space is available for lease in Branford, Connecticut. Located at 144 North Main Street, this single-story Class B building offers a convenient location at the corner of Route 1 and North Ivy Street, providing easy access to I-95 via Exit 54. Built in 1976, the property comprises a 12,800 square foot building with ample off-street parking. The suite itself is a former Quest Laboratory, featuring a well-designed layout including a waiting area, reception/check-in area, and multiple exam rooms, perfectly suited for a variety of medical practices. The minimum divisible space is 1,280 square feet, and the maximum contiguous space available is also 1,280 square feet. The property is zoned BL. This presents a fantastic opportunity for medical professionals seeking a well-appointed space in a high-traffic area. The lease rate is $16.50 per square foot, NNN. Don't miss this chance to establish your practice in a prime Branford location. The property is located in Branford, CT, zip code 06405.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8156
    Latitude
    41.2875

    Comparable in this City

    • Value Estimation by Request
      47,770 SF

      36 Industrial Rd

      Life science properties • 47,770 SF
      36 Industrial Rd, Branford, CT 06405
      View Details
    • Value Estimation by Request
      400 SF

      7 Main St, Unit 701

      CONDOMINIUM OFFICES • 400 SF
      7 Main St, Branford, CT 06405-3848
      View Details
    • Value Estimation by Request
      595 SF

      5 Main St Ste, Unit 504

      CONDOMINIUM OFFICES • 595 SF
      5 Main St Ste, Branford, CT 06405-3845
      View Details
    • Value Estimation by Request
      926 SF

      420 Main St Ste 1-6

      CONDOMINIUM OFFICES • 926 SF
      420 Main St Ste 1-6, Branford, CT 06405-2941
      View Details
    • Value Estimation by Request
      1,354 SF

      420 Main St Ste 1-7

      CONDOMINIUM OFFICES • 1,354 SF
      420 Main St Ste 1-7, Branford, CT 06405-2941
      View Details
    • Value Estimation by Request
      1,020 SF

      420 Main St Ste 1-4

      CONDOMINIUM OFFICES • 1,020 SF
      420 Main St Ste 1-4, Branford, CT 06405-2941
      View Details

    Similar Nearby for Sale

    • $799,999
      2,325 SF

      Branford Commercial Building on 1.75 Acres

      Well-maintained, renovated commercial building suitable for medical offices or businesses.
      85 School Ground Rd, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese St, Branford, CT 06405
      View Details
    • $799,999

      Branford Office Building on 1.75 Acres

      Well-maintained, renovated office building with expansion potential.
      85 School Ground Rd, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Branford Mixed-Use Investment Opportunity

      Mixed-use property near downtown Branford with income potential.
      53 Montowese St, Branford, CT 06405
      View Details
    • $869,000
      3,416 SF

      Mixed-Use Property Near Downtown Branford

      Mixed-use property with income potential near downtown Branford.
      53 Montowese St, Branford, CT 06405
      View Details
    • Contact for pricing

      Office Space on Main Street

      Office property for sale on East Main Street.
      400 East Main St, Branford, CT 06405
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr

      Professional Medical Office Condo

      Medical office condo for lease near I-95.
      144 N Main St, Branford, CT 06405
      View Details
    • $16 SF/Yr
      1,287 SF

      Renovated Medical Office Space Available

      Newly renovated medical office space with multiple exam rooms.
      420 East Main St, Branford, CT 06405
      View Details
    • Contact for pricing
      3,500 SF

      Branford Medical/Office Suites for Lease

      Two Class A office suites available in Branford's business district.
      500 E Main St, Branford, CT 06405
      View Details
    • Contact for pricing

      Retail/Office Space with Drive-Thru

      Former bank building available for retail or office use.
      445 W Main St, Branford, CT 06405
      View Details
    • $650 /Mo
      60 SF

      Downtown Branford Treatment Room

      Treatment room in a prime downtown location with utilities included.
      183 Montowese St, Branford, CT 06405
      View Details
    • $1,250 /Mo
      1,250 SF

      Remodeled Office Space For Rent

      Recently remodeled office space with private offices and common areas.
      151 Meadow St, Branford, CT 06405
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    144 Main St
    Branford, CT 06405
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    144 Main St, Branford, CT, 06405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!