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    Property profile & analytics

    118 Main St Monroe, CT 06468-1637

    • Investment properties
    • 2,860 SF
    • 1.11 lot acres
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US15-0369713
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 118 Main St

    Year built
    1860
    Lot size
    1.11 lot acres
    Property size
    2,860 SF
    Zone code
    B2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MONR M:012 B:015 L:00
    APU
    MONRM012B015L00

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $310,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $300,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $320,000
      Retail
      $340,000
      Mixed-Use
      $315,000
      Hospitality
      $355,000
      Educational
      $325,000
      Residential Income
      $275,000
      Energy
      $320,000
      Income-Based Land
      $315,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2524
    Latitude
    41.3026
    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
    $9,410
    $193,100
    $57,500
    $250,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $665,000
      2,142 SF

      153 Bagburn Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,142 SF
      153 Bagburn Rd, Monroe, CT 06468-1406
      View Details
    • Value Estimation
      $285,000
      0.62 Acres

      356 Monroe Tpke

      OFFICE/RESIDENTIAL (MIXED USE) • 0.62 Acres
      356 Monroe Tpke, Monroe, CT 06468-2245
      View Details
    • Value Estimation
      $260,000
      1,156 SF

      360 Monroe Tpke

      OFFICE/RESIDENTIAL (MIXED USE) • 1,156 SF
      360 Monroe Tpke, Monroe, CT 06468-2245
      View Details
    • Value Estimation
      $315,000
      2.90 Acres

      909 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2.90 Acres
      909 Main St, Monroe, CT 06468-2811
      View Details
    • Value Estimation by Request
      15.72 Acres

      873 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 15.72 Acres
      873 Main St, Monroe, CT 06468-2811
      View Details
    • Value Estimation
      $270,000
      3.13 Acres

      24 Commerce Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3.13 Acres
      24 Commerce Dr, Monroe, CT 06468-2601
      View Details

    Similar Nearby for Sale

    • $1,500,000
      12,424 SF

      Prime Monroe Industrial Property

      12,424 SF Manufacturing Building, 4 Acres
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    • $895,000
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      Mixed-Use Property in Monroe, CT

      Two-story building with retail space and potential for apartments.
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    • $2,366,000
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      NNN Leased Retail Investment Property

      Retail property with NAPA Auto Parts and Webster Bank tenants.
      495 Monroe Tpke, Monroe, CT 06468
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    • $425,000

      Commercial Land For Sale

      Commercial land available for sale.
      176 Main St, Monroe, CT 06468
      View Details
    • $900,000
      1.96 Acres

      Prime Monroe Commercial Land

      1.96 Acres, High Visibility, $900,000
      528 Monroe Tpke, Monroe, CT 06468
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    • $179,900
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      Residential Land Ready to Build

      Two-acre level lot suitable for a four-bedroom house.
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    Similar Nearby for Lease

    • Contact for pricing
      1,450 SF

      Monroe Drive-Thru Retail Space

      Prime Retail Endcap, Build-to-Suit Available
      846 Main St, Monroe, CT 06468
      View Details
    • $1,200 /Mo
      600 SF

      Monroe Office Space For Lease

      Second floor office space in Stepney Green location, Monroe, CT.
      446 Main St, Monroe, CT 06468
      View Details
    • $550 /Mo
      600 SF

      Professional Office Space For Rent

      Unfurnished office space with utilities included, ideal for professionals.
      755 Main St, Monroe, CT 06468
      View Details
    • $1,000 /Mo
      650 SF

      Retail Space in Active Center

      Prime retail space available for lease in active Stepney center.
      446 Main St, Monroe, CT 06468
      View Details
    • $600 /Mo
      1,500 SF

      Turn Key Office Suites Available

      Move-in ready office suites with shared amenities and utilities included.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
    • $850 /Mo
      1,500 SF

      Turn Key Office Suite

      Window offices available in Monroe Center with utilities included.
      500 Monroe Tpke, Monroe, CT 06468
      View Details
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    118 Main St
    Monroe, CT 06468-1637
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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