1003 High Ridge RdStamford, CT 06905

Property Details for 1003 High Ridge Rd

Year built

1966

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.52 AC

Property size (Sq ft)

8,521 SF

Zone code

CN

Property type

Other commercial real estate

Property subtype

Showrooms

APN

STAM M:000 B:8197

APU

STAMM000B8197

Description

This exceptional single-tenant retail property, located at 1003 High Ridge Rd, Stamford, CT 06905, offers 2,451 square feet of versatile space. Situated in the High Ridge Road submarket of Fairfield County, this property benefits from excellent visibility and accessibility. The address is conveniently located near the intersection of High Ridge Road and Vine Street, ensuring high foot traffic and strong brand exposure. The building features ample parking with 20+ spaces available for customers and employees. The property is zoned for retail use, making it ideal for a variety of businesses. This location presents a unique opportunity for businesses seeking a prominent presence in a thriving Stamford neighborhood. The property's single-tenant occupancy provides a straightforward and efficient operational structure. With its strategic location and ample parking, this retail space is poised for success. The property is situated in a high-traffic area, ensuring maximum visibility and customer reach. This is an excellent opportunity to establish or expand your retail business in a prime Stamford location. The property's zoning designation specifically allows for retail use, eliminating any zoning-related complications. The convenient location and ample parking make this property highly attractive to both businesses and customers. This is a rare opportunity to acquire a well-located, single-tenant retail space in a desirable Stamford neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $2,070,900

  6.5%

  $1,911,600

  7%

  $1,775,058

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,805,652

  Geo Method

  $2,805,652

• Alternative Use

  Use

  Valuation

  Residential

  $1,612,506

  Hospitality

  $1,477,047

  Educational

  $1,228,886

  Medical

  $1,271,149

  Retail

  $1,911,600

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.1059

Longitude

-73.5477

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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