Property profile

618-620 Main St Branford Ct Branford, CT 06405

OFF-MARKET
Land
11 ac lot
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Property summary

AI-generated overview

This exceptional 11-acre industrial land parcel offers significant development potential. Located on East Main Street (US-1) in Branford, Connecticut, this property boasts 397 feet of frontage along a busy thoroughfare with a daily traffic count of 8,200 vehicles. The IG-2 zoning allows for a variety of industrial uses. Conveniently situated near the I-95 Exit 56 five-way interchange, this location provides easy access to major transportation routes. The property consists of two contiguous parcels (1.5 acres and 9.5 acres). Nearby amenities include restaurants, retail shops, gas stations, a Stop & Shop supermarket, banks, and the Shoreline YMCA. This valuable land presents a strong investment opportunity, and the possibility of acquiring an adjacent 20-acre parcel to create a 31-acre site exists. The asking price is $3,245,000. The zip code is 06405, and the property address is 618-620 East Main Street, Branford, CT.

Property profile

Verified
Property type Land
Lot 11 ac (479,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

618-620 Main St Branford Ct Branford, CT 06405
Branford metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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