Property profile

19 Chesterfield Rd East Lyme, CT 06333

FOR SALE
Turn key restaurants
Property ID
US15-0587479
3,718 SF 0.76 ac lot Built 2009
Individually Owned 8-yr Hold Free & Clear
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For Sale
Contact for pricing 3,718 SF
19 Chesterfield Rd, East Lyme, CT 06333
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2009
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,718 SF
Lot 0.76 ac (33,106 SF)
Zoning code CA
APN ELYM M:031.1 B:00054 L:00000
UPID US15-0587479

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
  • Restaurant Take-out & Catering

Location

19 Chesterfield Rd East Lyme, CT 06333
East Lyme metro Census 716102 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2017
5 recorded transactions
2017
Price N/A
2015
$500,000
2009
$89,000
2007
Price N/A
2004
$1.8M

Zoning & alternative use

CA · East Lyme, CT
Zoning description

20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval…

General category COMMERCIAL

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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