1205 Putnam Ave Greenwich, CT 06878
This exceptional 26,122 square foot commercial and residential land parcel presents a rare development opportunity in the desirable Riverside section of Greenwich, Connecticut. Located at 1205 East Putnam Avenue, this rectangular, level lot enjoys a highly visible position at the intersection of East Putnam Avenue (US Route 1) and I-95 Exit 5, boasting an average daily traffic count exceeding 25,000 vehicles. The property's LB (Local Business) zoning permits a variety of uses, including commercial, multi-family, and mixed-use developments, making it highly versatile for investors. Its strategic location offers immediate proximity to established businesses, including a recently renovated McDonald's and the thriving Thruway Shopping Center, ensuring high visibility and accessibility. This is the last undeveloped prime site along this stretch of East Putnam Avenue, representing a unique chance to capitalize on a highly sought-after location in Greenwich's vibrant Riverside area. The address is 1205 East Putnam Avenue, Greenwich, CT 06878, in Fairfield County. Broker co-op is available.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.