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Property profile & analytics
OFF-MARKET
Day care centers

79 Ct-32 Franklin, CT 06254

1,340 SF 1.9 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This 1,340 square foot retail property, situated on a 1.9-acre lot in Franklin, Connecticut, presents a unique redevelopment opportunity. Located at 79 CT-32, this vacant property boasts a prominent 437-foot frontage, ensuring high visibility for any business. The property is zoned C-2, offering flexibility for a variety of uses, including convenience store, daycare, or restaurant. Previously used as a daycare/educational facility, the building was constructed in 1970 and features gas heating, a well, and septic system. The asking price is $250,000, or alternatively, it is available for lease at $2,000 per month plus NNNs. Annual property taxes are $4,585. The property benefits from a high traffic count of 13,200 vehicles, making it an ideal location for a business seeking high visibility and accessibility. This is a prime opportunity for owner-users seeking a redevelopment project in a thriving retail corridor, conveniently located right off Route 2. The property's size and zoning provide ample potential for expansion or adaptation to suit a variety of business needs. This is a rare opportunity to acquire a well-located property with significant redevelopment potential in a desirable Connecticut market.

Property profile
Verified
Property type Day care centers
Year built 1970
Total area 1,340 SF
Lot 1.9 ac (82,764 SF)
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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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