7 Hollyhock Rd Wilton, CT 06897
- Showrooms
- 4,978 SF
- 0.30 lot acres
Current Use by Public Records
- Evince Communication.. / Marketing Agency
- The PVD Channel / Video Production Service
- Educational Awareness Solutions / Educational Consultant
- Famous Writers School / Language School / School
Property Details for 7 Hollyhock Rd
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 0.30 lot acres
- Property size
- 4,978 SF
- Zone code
- DE-5
- Property type
- Showrooms
- APN
- WILT M:0068 B:026 L:00
- APU
- WILTM0068B026L00
Description
This exceptional commercial property at 7 Hollyhock Rd, Wilton, CT 06897, offers a unique investment opportunity. The 4,978 square foot, two-story wood-frame building, constructed in 1989, boasts versatile commercial space ideal for professional offices or light manufacturing. The main floor currently features a single 1,764 square foot office, easily divisible into two smaller units, each with its own bathroom. Upstairs, two recently renovated offices (approximately 840 and 940 square feet) share a kitchen and bath. A significant bonus is the 1,764 square foot high-ceiling basement storage area. The property also includes two income-producing single-bedroom apartments on the third floor. Ample surface parking is available for approximately 20 vehicles. Situated on a 30-acre lot, the building enjoys a desirable location on a private dead-end road with easy access to Route 7, Wilton Center, South Norwalk, I-95 Connector, and Merritt 7 and Wilton train stations. Nearby amenities include banking, professional services, retail shopping, dining, and restaurants. The asking price of $999,000 presents an excellent opportunity for an owner-user. This property offers a blend of commercial space and income-generating apartments in a highly sought-after Connecticut location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $415,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $540,000
- 7%
- $575,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $590,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $605,000
- Retail
- $510,000
- Mixed-Use
- $545,000
- Hospitality
- $645,000
- Educational
- $580,000
- Residential Income
- $535,000
- Energy
- $630,000
- Income-Based Land
- $625,000
- Food Service
- $695,000
Location Insight
- Map
- Local Demand
- City
- Wilton
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4149
- Latitude
- 41.1697
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
