Property profile

128 Samson Rock Dr Madison, CT 06443

OFF-MARKET
Retail properties & Spaces
Property ID
US15-0810503
62,619 SF 5.89 ac lot Built 2000
Entity Owned 17-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail opportunity is located inside a high-traffic Stop & Shop grocery store, offering unparalleled visibility and access to thousands of weekly customers. The 475 square foot space is ideally situated in a prime, front-of-store location, ensuring maximum customer interaction. This "Store-Within-A-Store" concept provides a range of benefits, including a fixed monthly fee encompassing real estate taxes, property insurance, common area maintenance, and utilities. The space allows for both interior and exterior branding and signage, maximizing exposure. The location boasts exceptional demographics within a thriving trade area in New Haven County, Connecticut. This is an all-inclusive lease perfect for businesses such as financial institutions, service businesses (packing and shipping, repair services, dry cleaning), health and wellness providers (optical, chiropractic, weight management), insurance agencies, or real estate offices. Prohibited uses include food and beverage services, restaurants, and smoke shops. This unique opportunity allows businesses to position themselves within one of the Northeast's most recognizable grocery store chains. The space is currently vacant and ready for immediate occupancy.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2000
Total area 62,619 SF
Lot 5.89 ac (256,568 SF)
Zoning code DC
APN MADI M:38 B:52
UPID US15-0810503

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
  • Grocery & Convenience Store Food Market

Location

128 Samson Rock Dr Madison, CT 06443-3005
Madison metro Census 194102 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.02M
Blend (final) Blend
$4.65M

Owner & transaction history

since 2009
4 recorded transactions
2020
Price N/A
2014
Price N/A
2009
$1
1998
Price N/A

Zoning & alternative use

DC · Madison, CT
Zoning description

A. Purpose. The purpose of the Downtown District (“D”, “DW” & “DC”) is to maintain and enhance the historic character and charm of the downtown, while allowing the existing downtown area along Boston Post Road and Wall S…

General category COMMERCIAL
Top alternative use upside
Office building $7.7M +13.6%
Commercial (general) $7.1M +3.9%

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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