Property profile

10 River Rd Stafford Springs, CT 06076

FOR SALE
Commercial land
Property ID
US15-0385210
0.16 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,800 square foot retail building sits on an 11,761 square foot corner lot in Stafford, Connecticut, zip code 06076. Located at 10 River Rd, this single-story, 1988-built property is zoned IN and presents a unique investment opportunity. Previously a Cumberland Farms gas station and convenience store, all underground storage tanks have been removed, and environmental remediation is complete. The property is being sold "as is" and is subject to specific use restrictions, permitting only gas/convenience stores, quick-service restaurants (QSRs), and cannabis dispensaries. High visibility from its corner location makes this an ideal site for a variety of businesses. The property offers significant potential for redevelopment or continued use within the permitted zoning parameters. This is a rare opportunity to acquire a well-located, remediated retail space in a desirable Connecticut market. The asking price is $225,000.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.16 ac (6,970 SF)
Zoning code CB
APN STAF M:51 L:091
UPID US15-0385210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

10 River Rd Stafford Springs, CT 06076
Stafford Springs metro Census 890100 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

CB · Stafford Springs, CT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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