301 Vly RdGreenwich, CT 06807

  • Office properties
  • 1,184 SF
For Sale
$1,200,000 View listing

Property Details for 301 Vly Rd

Year built
1830
Construction
FRAME
Lot size
0.12 AC
Property size (Sq ft)
1,184 SF
Zone code
LBR-1
Property type
Office properties
Property subtype
Office buildings
APN
GREE M:08 B:1111/S
APU
GREEM08B1111S

Description

This exceptional Class A retail property, located at 301 Valley Road in the Cos Cob section of Greenwich, Connecticut, presents a unique opportunity for purchase or lease. The 2,368 square foot building sits on a 0.121-acre lot and boasts a desirable two-story design. Completely renovated in 2005, the interior features high-end finishes and abundant natural light, thanks to windows on all four sides. The property is zoned LBR 1-HO and offers convenient access to 5 parking spaces plus ample street parking. Its prime location directly on the Mianus River provides stunning year-round views, enhancing its appeal and potential. The building is currently entirely vacant, presenting a blank canvas for a variety of retail or office uses. This is an ideal opportunity for an owner-user seeking a prestigious location or an investor looking to enter the highly sought-after Greenwich market. The property's multiple tenancy capabilities offer flexibility for diverse business needs. This is a rare chance to acquire a turn-key property in one of the most desirable areas in the New York metropolitan area. The building's superior construction and location make it a truly exceptional investment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $195,751
    6.5%
    $180,693
    7%
    $167,786
  • Comparable approach

    Method
    Valuation
    Relative Method
    $154,701
    Geo Method
    $154,701
  • Alternative Use

    Use
    Valuation
    Residential
    $224,059
    Hospitality
    $205,237
    Educational
    $170,755
    Medical
    $176,627
    Retail
    $265,618
301 Vly Rd, Greenwich, Connecticut
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Location Insight

City
Cos Cob
County
Fairfield
State
Connecticut
Latitude
41.0579
Longitude
-73.5825
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,791
$133,700
$364,000
$497,700
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