Property profile

12 Burtis Ave New Canaan, CT 06840

OFF-MARKET
Retail space
Property ID
US15-0505859
5,848 SF 0.16 ac lot Built 1951
Entity Owned 10-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,848 SF
Lot 0.16 ac (6,970 SF)
Zoning code BUSA
APN NCAN M:000T B:074 L:00913
UPID US15-0505859

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Hair Salon
  • Atm
  • Take-out & Catering Butcher

Location

12 Burtis Ave New Canaan, CT 06840-5515
New Canaan metro Census 35101 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$670k
Blend (final) Blend
$620k

Owner & transaction history

since 2016
5 recorded transactions
2016
$1.7M
2016
$1.6M
2007
Price N/A
2004
$450,000
1991
Price N/A

Zoning & alternative use

BUSA · New Canaan, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12 Burtis Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message