618-620 Main St Branford Ct Branford, CT 06405
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.