Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    20 Summer St Stamford, CT 06901
    Property profile & analytics

    20 Summer St, Stamford, CT 06901

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

    Current Use by Public Records

    • Listener Station / Radio Station / Telecommunications Service
    • Pyramid Real Estate Group / Property Management Company / Commercial Real Estate Agency
    • Quick Start Property Manager Program / Property Management Company
    • Riviera Maya / Restaurant
    • Dance With Me Stamford / Training Center

    Property Details for 20 Summer St

    Property type
    Office Spaces
    Property subtype
    Office Units

    Description

    This exceptional office space at 20 Summer Street in Stamford, Connecticut, offers a diverse range of flexible workspace solutions to suit various business needs. Located in Fairfield County, this property provides a variety of options, including traditional office suites, executive offices, coworking spaces, medical offices, and creative office layouts. Tenancy is multiple, allowing for businesses of all sizes to find a suitable fit. The space caters to individual entrepreneurs requiring a single desk to large corporations needing 100 desks or more. Options range from fully furnished and equipped private offices, tailored to specific requirements, to serviced offices, disaster recovery spaces, and day offices. Coworking options are also available, offering shared office or open-plan areas with hot-desking capabilities. Meeting rooms of various sizes are available for rent, equipped with Wi-Fi and presentation equipment, suitable for informal chats or formal conferences. Virtual office solutions are also offered, including prestigious business addresses, mail handling, and virtual assistant services, with varying levels of access to physical office space. Flexible working plans provide access to a global network of workspaces, allowing for seamless transitions between locations. The property's address is 20 Summer Street, Stamford, CT 06901. While the total square footage is not currently available, the space offers a wide range of sizes to accommodate various business needs, from small offices to large corporate headquarters. Inquire today to explore the possibilities and find the perfect workspace for your business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5411
    Latitude
    41.0535

    Comparable in this City

    • Value Estimation by Request
      7,405 SF

      41-47 Franklin St

      Office Units
      41-47 Franklin St, Stamford, CT 06901
      View Details
    • Value Estimation
      $2,845,000
      22,500 SF

      57 Broad St

      CONDOMINIUM OFFICES
      57 Broad St, Stamford, CT 06901-2309
      View Details
    • Value Estimation
      $1,065,000
      8,777 SF

      258 Atlantic St, Unit 1

      CONDOMINIUM OFFICES
      258 Atlantic St, Stamford, CT 06901-3505
      View Details
    • Value Estimation
      $780,000
      7,500 SF

      112 Prospect St Sta, Unit A

      CONDOMINIUM OFFICES
      112 Prospect St Sta, Stamford, CT 06901-1207
      View Details
    • Value Estimation by Request
      3,865 SF

      258 Atlantic St, Unit 2

      CONDOMINIUM OFFICES
      258 Atlantic St, Stamford, CT 06901-3505
      View Details
    • Value Estimation
      $11,075,000
      71,072 SF

      707 Washington Blvd, Unit C2

      CONDOMINIUM OFFICES
      707 Washington Blvd, Stamford, CT 06901-3729
      View Details

    Similar Nearby for Sale

    • $230,000
      986 SF

      Stamford Office Condo For Sale

      Office condo in Stamford, close to transportation and amenities.
      700 Summer St, Stamford, CT 06901
      View Details
    • $425,000
      1,750 SF

      Downtown Stamford Office Suite

      Versatile office suite in downtown Stamford with functional workspace.
      99 Prospect St, Stamford, CT 06901
      View Details
    • Contact for pricing
      7,500 SF

      Upscale Office Space Available

      7500 SF contemporary office space with high-end finishes.
      112 Prospect St, Stamford, CT 06901
      View Details
    • $225,000
      590 SF

      Prime Location Office Condo

      Office condo with low common charges in a prime location.
      700 Summer St, Stamford, CT 06901
      View Details
    • $225,000
      590 SF

      Stamford Office Condo with Patio

      Private office condo in prime location with flexible layout.
      700 Summer St, Stamford, CT 06901
      View Details
    • $230,000

      Stamford Office Condo For Sale

      Office condo in Stamford, close to transportation and amenities.
      700 Summer St, Stamford, CT 06901
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Workspace Solutions in Stamford

      Flexible office spaces, coworking, meeting rooms, and virtual office options.
      20 Summer St, Stamford, CT 06901
      View Details
    • Contact for pricing
      55,384 SF

      Multifunctional Office and Amenity Spaces

      Coworking and collaboration-focused office space in Stamford Towers.
      750 Washington Blvd, Stamford, CT 06901
      View Details
    • Contact for pricing

      One Stamford Plaza

      Meet, work or collaborate in our professional One Stamford Plaza business center
      263 Tresser Blvd, Stamford, CT 06901
      View Details
    • Contact for pricing

      CT, Stamford - Summer Street

      Flexible workspace in WV, Charleston - Quarrier St
      20 Summer St, Stamford, CT 06901
      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.
    20 Summer St
    Stamford, CT 06901
    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
    20 Summer St, Stamford, CT, 06901
    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!