Property profile

824 Center St Wallingford, CT 06492

OFF-MARKET
Strip malls
18,516 SF 1.62 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional retail opportunity presents 1,680 square feet of vacant space within an established 18,516-square-foot retail plaza located at 824 E Center St, Wallingford, CT 06492. The property, built in 1974, sits on a 1.62-acre lot and features a single, one-story building. The space is separately metered for utilities and is ideally suited for a variety of retail uses. Previously occupied by a smoke shop, this unit offers immediate occupancy and is ready for your business. The plaza benefits from a high-traffic location, boasting an average daily traffic count of 6,200 vehicles and ample on-site parking. Its convenient location is less than a mile from I-91, providing excellent accessibility for customers and employees. The property is zoned CA12 and offers a minimum divisible space of 1,680 square feet, with a maximum contiguous space also at 1,680 square feet. This presents a fantastic chance to establish or expand your retail presence in a thriving Wallingford community. The property's single-story design and ample parking provide a convenient and accessible shopping experience. Don't miss this opportunity to secure a prime retail location in a high-traffic area.

Property profile

Verified
Property type Strip malls
Year built 1974
Total area 18,516 SF
Lot 1.62 ac (70,567 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop
  • Atm
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store
  • Atm

Location

824 Center St Wallingford, CT 06492
Wallingford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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