Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Withheld Fairfield, CT 06824
    Back to Search
    Property profile & analytics

    2 Withheld, Fairfield, CT 06824

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2 Withheld

    Property type
    Commercial real estate

    Description

    This thriving pizzeria in Fairfield, Connecticut, presents a unique investment opportunity priced at $170,000. Located at 2 Withheld, Fairfield, CT 06824 (41.1948222, -73.28833), this well-established business boasts a strong reputation and consistent profitability. The sale includes the business assets only. The current owner is offering seller financing, making this an accessible acquisition for qualified buyers. This turnkey operation is easy to manage and features a well-designed setup, ready for immediate operation. The seller is committed to a smooth transition, providing complimentary training and assistance to ensure a seamless handover. This represents a rare chance to acquire a profitable, established business with significant growth potential. The business's name and precise location will be disclosed only to serious buyers who sign a non-disclosure agreement and demonstrate sufficient financial capacity to complete the purchase. This opportunity is available for the first time and is ideal for an experienced restaurateur or a first-time business owner seeking a proven model. Inquire today to learn more about this exceptional opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2883
    Latitude
    41.1948

    Comparable in this City

    • Value Estimation by Request

      Withheld St

      Investment properties
      0 Withheld St, Fairfield, CT 06824
      View Details
    • Value Estimation by Request

      Withheld

      Investment properties
      0 Withheld, Fairfield, CT 06824
      View Details
    • Value Estimation by Request

      Withhheld

      Investment properties
      0 Withhheld, Fairfield, CT 06824
      View Details
    • Value Estimation by Request
      6.67 Acres

      185 Thorpe St

      OFFICE/RESIDENTIAL (MIXED USE)
      185 Thorpe St, Fairfield, CT 06824-5752
      View Details
    • Value Estimation by Request
      3,238 SF

      84 Longview Ave

      APARTMENT HOUSE (UNDER 5 UNITS)
      84 Longview Ave, Fairfield, CT 06824-6119
      View Details
    • Value Estimation by Request
      1,505 SF

      1397 Pne Crk Rd

      APARTMENT HOUSE (UNDER 5 UNITS)
      1397 Pne Crk Rd, Fairfield, CT 06824-6353
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Art & Pottery Studio Business

      Thriving art and pottery studio business with two established locations.
      Mill Plain Rd, Fairfield, CT 06824
      View Details
    • $1,100,000
      2.65 Acres

      Fairfield Land Parcel Opportunity

      2.65-acre lot approved for a 5-bedroom residence.
      22 Brett Rd, Fairfield, CT 06824
      View Details
    • Contact for pricing
      18,343 SF

      Approved Apartment Conversion Plans Included

      Two-story building with approved plans for 18-unit apartment conversion.
      60 Katona Dr, Fairfield, CT 06824
      View Details
    • Contact for pricing
      9,956 SF

      Downtown Fairfield Retail/Office Opportunity

      Three-story building in downtown Fairfield with retail or office potential.
      1583 Post Rd, Fairfield, CT 06824
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fairfield Office Suite on Post

      Professional office suite in a highly visible, convenient location.
      1232 Post Rd, Fairfield, CT 06824
      View Details
    • $3,000 /Mo

      New Apartment Near Fairfield Center

      Newly constructed 1BR apartment with modern amenities and convenient location.
      131 Beach Rd, Fairfield, CT 06824
      View Details
    • $3,000 /Mo

      Renovated Fairfield Apartment with Modern Amenities

      Bright, renovated 2-bedroom apartment near Fairfield's attractions.
      105 3Rd St, Fairfield, CT 06824
      View Details
    • Contact for pricing
      786 SF

      Fairfield County Office Space

      Office space available in a premier Fairfield County location.
      1261 Post Rd, Fairfield, CT 06824
      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.
    2 Withheld
    Fairfield, CT 06824
    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

    Thank You for Inquiry
    2 Withheld, Fairfield, CT, 06824
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!