Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Madison Ave Bridgeport, CT 06604

    • Investment properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for Madison Ave

    Property type
    Investment properties

    Description

    This exceptional business opportunity presents a fully operational pizza restaurant located in Bridgeport, Connecticut's vibrant North End. Priced at $140,000, this turnkey operation boasts a recently remodeled interior featuring new furniture and elegant marble countertops. The sale includes all existing equipment and furniture, eliminating the need for significant upfront investment. The restaurant is known for its neat and clean presentation, reflecting a commitment to quality and customer satisfaction. The space is ready for immediate operation, allowing a new owner to seamlessly transition into the business. The convenient location within the North End ensures high visibility and accessibility to a substantial customer base. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a well-established and profitable venture. Serious inquiries only. Showings are available exclusively between 9:00 AM and 10:00 AM. This is a rare chance to acquire a thriving business with minimal start-up costs and immediate revenue potential. Don't miss this chance to own a piece of Bridgeport's culinary scene. Contact us today to schedule your viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1934
    Latitude
    41.186

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      283 Grand St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.18 Acres
      283 Grand St, Bridgeport, CT 06604
      View Details
    • Value Estimation by Request
      0.21 Acres

      533-535 Madison Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.21 Acres
      533-535 Madison Ave, Bridgeport, CT 06604
      View Details
    • Value Estimation
      $515,000
      0.72 Acres

      2180 Nn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.72 Acres
      2180 Nn Ave, Bridgeport, CT 06604-2413
      View Details
    • Value Estimation
      $7,490,000
      59,541 SF

      175-179 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 59,541 SF
      175-179 Washington Ave, Bridgeport, CT 06604
      View Details
    • Value Estimation
      $755,000
      0.47 Acres

      1416 Nn Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.47 Acres
      1416 Nn Ave, Bridgeport, CT 06604-2627
      View Details
    • Value Estimation by Request
      0.15 Acres

      319 Harral Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      319 Harral Ave, Bridgeport, CT 06604-3102
      View Details

    Similar Nearby for Sale

    • $78,000

      Co-op Townhouse in Seaside Village

      One-bedroom co-op in historic Seaside Village, Bridgeport.
      21 Little St, Bridgeport, CT 06604
      View Details
    • $649,000

      Bridgeport Multifamily Property For Sale

      Multifamily property available in Bridgeport, Connecticut.
      200 Harral Ave, Bridgeport, CT 06604
      View Details
    • $825,000

      Large Multifamily Property Near University

      Multifamily property with 13 bedrooms near the University of Bridgeport.
      59 Myrtle Ave, Bridgeport, CT 06604
      View Details
    • $38,000,000
      74,000 SF

      Bridgeport Mixed-Use Investment

      Luxury apartments & retail, high NOI.
      199 Congress St, Bridgeport, CT 06604
      View Details
    • $379,900

      Industrial Zoned Land Opportunity

      Industrial zoned land for sale, excellent investor opportunity.
      152 River St, Bridgeport, CT 06604
      View Details
    • $365,000

      Bridgeport Two-Family Property

      Two-family property available in Bridgeport, Connecticut, subject to approvals.
      10-12 Cottage Pl, Bridgeport, CT 06604
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo

      Apartment with Updated Features

      One-bedroom apartment near transportation, restaurants, and amenities.
      225 Golden Hill St, Bridgeport, CT 06604
      View Details
    • $2,400 /Mo

      Ready Multifamily Property For Rent

      Move-in ready multifamily property available for rent.
      352 Benham Ave, Bridgeport, CT 06604
      View Details
    • $2,700 /Mo

      Bridgeport Multifamily Property for Rent

      Multifamily property in Bridgeport, CT, available for rent.
      93 Park Ter, Bridgeport, CT 06604
      View Details
    • $2,050 /Mo

      Updated Bridgeport Triplex Rental

      Spacious 3-bedroom unit near Seaside Park and transportation.
      55 Myrtle Ave, Bridgeport, CT 06604
      View Details
    • $1,900 /Mo

      Centrally Located Apartment For Rent

      Three-bedroom apartment with modern amenities and convenient location.
      221 Coleman St 1, Bridgeport, CT 06604
      View Details
    • $2,200 /Mo

      Three Bedroom Apartment Near Beach

      Three-bedroom, two-bath apartment within walking distance to Seaside Park.
      45 Ridge Ave, Bridgeport, CT 06604
      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.
    Madison Ave
    Bridgeport, CT 06604
    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

    Google sign-in failed. Please try again or use another login method.