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    1499 Post Rd Fairfield, CT 06824

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    1499 Post Rd Fairfield, CT 06824

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    • Commercial real estate
    • 1.12 lot acres
    For Lease
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    Downtown Retail Space For Rent For Lease
    Contact for pricing

    Downtown Retail Space For Rent

    Retail space downtown, one block from commuter line.

    1499 Post Road, Fairfield, CT 6824
    View Listing
    Property ID
    US15-0450914
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apricot Storage / Storage Facility
    • Brandy Hall Realtor | Vanderblue Team @ Higgins Group Real Estate / Real Estate Agency
    • Altan Jewelers / (Bike/Boat/Book/etc) Store
    • Follett Book Store / (Bike/Boat/Book/etc) Store
    • Sport & Orthopaedic Physical Therapy by Paddy Jarit / Physician

    Property Details for 1499 Post Rd

    Lot size
    1.12 lot acres
    Zone code
    CDD
    Property type
    Commercial real estate
    APN
    FAIR M:180 B:86
    APU
    FAIRM180B86

    Description

    This exceptional retail opportunity is located in the heart of Fairfield, Connecticut, at 1499 Post Road, 06824. The property, known as Fairfield Center, offers a total of 95,483 square feet of retail space, currently divided into five suites. Multiple tenancy options are available, with spaces ranging from a minimum of 700 square feet to a maximum contiguous space of 4,591 square feet. A significant amount of space is currently vacant, totaling 16,914 square feet, presenting a unique chance for expansion or new business establishment. The building enjoys a highly desirable location in the downtown area, just one block from the commuter rail line providing convenient access to New York City. Ample and convenient parking is also a key feature of this property, enhancing its appeal to both businesses and customers. This Fairfield County location offers excellent visibility and accessibility, making it an ideal space for a variety of retail ventures. The property's size and flexibility make it suitable for both single-tenant occupancy or multiple smaller businesses. Contact us today to explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.2579
    Latitude
    41.1405
    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
    $291,803
    $3,359,090
    $7,248,080
    $10,607,170
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $820,000
      6,080 SF

      1366 Post Rd

      SHOW ROOM, WAREHOUSE • 6,080 SF
      1366 Post Rd, Fairfield, CT 06824-5926
      View Details
    • Value Estimation
      $1,405,000
      22,762 SF

      2000 Post Rd

      SHOW ROOM, WAREHOUSE • 22,762 SF
      2000 Post Rd, Fairfield, CT 06824-5730
      View Details
    • Value Estimation
      $680,000
      4,134 SF

      1101 Post Rd

      SHOW ROOM, WAREHOUSE • 4,134 SF
      1101 Post Rd, Fairfield, CT 06824-6005
      View Details
    • Value Estimation
      $1,270,000
      28,569 SF

      1568 Post Rd

      SHOW ROOM, WAREHOUSE • 28,569 SF
      1568 Post Rd, Fairfield, CT 06824
      View Details
    • Value Estimation
      $515,000
      4,120 SF

      1591 Post Rd

      SHOW ROOM, WAREHOUSE • 4,120 SF
      1591 Post Rd, Fairfield, CT 06824-5910
      View Details
    • Value Estimation
      $1,460,000
      25,520 SF

      111 Bch Rd

      SHOW ROOM, WAREHOUSE • 25,520 SF
      111 Bch Rd, Fairfield, CT 06824-6668
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      9,956 SF

      Downtown Fairfield Retail/Office Opportunity

      Three-story building in downtown Fairfield with retail or office potential.
      1583 Post Rd, Fairfield, CT 06824
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      Pending

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      Thriving art and pottery studio business with two established locations.
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      30,239 SF

      Fairfield Retail Property For Sale

      Retail property available for sale in Fairfield, Connecticut.
      226 Old Post Rd, Fairfield, CT 06824
      View Details
    • $1,100,000
      2.65 Acres

      Fairfield Land Parcel Opportunity

      2.65-acre lot approved for a 5-bedroom residence.
      22 Brett Rd, Fairfield, CT 06824
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Divisible Office/Retail Building with Drive-Thru

      5,400 SF divisible office/retail building with drive-thru near I-95.
      1320 Kings Highway Cutoff, Fairfield, CT 06824
      View Details
    • Contact for pricing

      Fairfield Office Space Available

      Office space available for rent in Fairfield, Connecticut.
      2150 Post Rd, Fairfield, CT 06824
      View Details
    • Contact for pricing
      3,800 SF

      Retail Space in Fairfield Center

      1,900 RSF retail space for lease in Fairfield, CT.
      837-923 Post Rd, Fairfield, CT 06824
      View Details
    • Contact for pricing
      28,000 SF

      Downtown Fairfield Office/Retail Space

      Office/retail space in downtown Fairfield, near transportation.
      63 Unquowa Rd, Fairfield, CT 06824
      View Details
    • Contact for pricing
      1,020 SF

      Downtown Fairfield Retail Space

      Retail space in the heart of downtown Fairfield.
      1410-1424 Post Rd, Fairfield, CT 06824
      View Details
    View Listing
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    1499 Post Rd
    Fairfield, CT 06824
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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