348 Surf Ave Stratford, CT 06615
- Manufacturing properties
- 3,305 SF
- 0.49 lot acres
Current Use by Public Records
- Barre Granite Memorials / Monument Maker
Property Details for 348 Surf Ave
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.49 lot acres
- Property size
- 3,305 SF
- Zone code
- MA
- Property type
- Manufacturing properties
- APN
- STRA M:20-6 B:3 L:13
- APU
- STRAM206B3L13
Description
This exceptional 1.14-acre property in Stratford, CT, presents a prime development opportunity. Located in a designated Opportunity Zone, this offering includes five parcels zoned for Light Industrial (MA) use, providing potential for significant tax advantages. The site boasts 381 linear feet of frontage on Surf Avenue, offering excellent highway visibility just off I-95 Exit 30. The portfolio comprises three vacant land parcels and two existing structures (a 3,305 sq ft warehouse, a 1,200 sq ft garage, and a 1,064 sq ft residential building) slated for demolition. Its strategic location provides easy access to major transportation arteries and is proximate to key businesses such as FedEx, UPS, Amazon, and Raymour & Flanigan. The property's proximity to the Coastal Link Bus Stop and Sikorsky Memorial Airport further enhances its appeal. The asking price has been reduced to $1,300,000, representing a compelling investment opportunity for developers seeking a high-visibility site with significant upside potential in a thriving Connecticut location. The existing structures are in need of demolition, allowing for complete redevelopment according to the buyer's vision. This location offers excellent accessibility and visibility, making it ideal for a variety of commercial uses. The property's size and zoning allow for substantial development potential, making it an attractive investment for those seeking to capitalize on the benefits of the Opportunity Zone designation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stratford
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.153
- Latitude
- 41.176
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA