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    1683 Barnum Ave Stratford, CT 06614-5302

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    1683 Barnum Ave Stratford, CT 06614-5302


    • Commercial land
    • 1,386 SF
    • 0.39 lot acres
    Off-Market
    Last Sale Dec 21, 2022
    $615,000
    Property ID
    US15-0389328
    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
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Take 5 Oil Change / Auto Repair Shop

    Property Details for 1683 Barnum Ave

    Year built
    1910
    Lot size
    0.39 lot acres
    Property size
    1,386 SF
    Zone code
    RM-1
    Property type
    Commercial land
    APN
    STRA M:30-9 B:8 L:15
    APU
    STRAM309B8L15

    Description

    Exceptional investment opportunity: a 1,730 sq ft Take 5 Oil Change in Stratford, Connecticut. This sale-leaseback offers a 15-year lease with a strong national tenant, boasting over $6.2 billion in system-wide sales (FY 2023). The property, built in 2023 and featuring three service bays, enjoys a prime location on Barnum Avenue (Route 1) and W Broad Street, a signalized intersection with over 21,000 vehicles per day. The 0.38-acre lot provides ample parking (7 spaces). The lease is a true NNN, with a 6% cap rate and a $105,000 annual NOI. Rent increases by 10% every five years throughout the primary term and three, five-year option periods. Situated in affluent Fairfield County, this asset benefits from high household incomes ($90,000+) and a dense population (over 100,000 residents within a 3-mile radius). The property's proximity to major retail centers like Stratford Square (160,000 sq ft) and the Walmart/Home Depot-anchored Stratford Crossing further enhances its value. This is a rare chance to acquire a nationally branded, high-performing NNN asset in a desirable Connecticut market. Asking price: $1,750,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $485,000
      ML approach
      $560,000

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


    Location Insight

    • Map
    • Local Demand
    City
    Stratford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1427
    Latitude
    41.1943
    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
    $6,180
    $153,720
    $0.00
    $153,720
    -
    $0.00
    $0.00
    $0.00
    More about this property
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