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    Property profile & analytics

    197 Main St Branford, CT 06405

    • Investment properties
    • 0.30 lot acres
    For Sale
    View listing
    $1,150,000
    Value Estimation
    Location Intelligence
    Property ID
    US15-0656297
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 197 Main St

    Lot size
    0.30 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    BRAN M:D08-000 B:002 L:00001
    APU
    BRANMD08000B002L00001

    Description

    This exceptional investment opportunity presents two distinct properties for sale together at 197 Main Street, Branford, CT. The first is a mixed-use building totaling 5,074 square feet situated on a 0.6-acre lot. The ground floor offers approximately 1,424 square feet of high-visibility retail space, ideal for a variety of businesses. Above the retail space is a 1,416 square foot, three-bedroom, two-bathroom apartment. The property benefits from ample parking and high traffic counts, ensuring excellent exposure for any commercial venture. Included in this sale is an abutting, beautifully preserved turn-of-the-century two-family home. This multi-family residence features two spacious apartments, each exceeding 1,000 square feet and including two bedrooms and one bathroom. A detached garage and additional office space further enhance the property's appeal. Both properties are being sold together in "as is" condition. This combined offering presents a rare chance to acquire a significant commercial and residential holding in a prime Branford location. The asking price for this unique package is $1,150,000. Don't miss this chance to establish your business and secure a valuable investment in a thriving shoreline community.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $270,000
      6.5%
      $290,000
      7%
      $310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $305,000
      Mixed-Use
      $280,000
      Hospitality
      $280,000
      Educational
      $255,000
      Residential Income
      $280,000
      Energy
      $315,000
      Income-Based Land
      $270,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Branford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8232
    Latitude
    41.2775
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, 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
    $6,979
    $103,200
    $130,300
    $233,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $190,000
      2.50 Acres

      45 Rose Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.50 Acres
      45 Rose Hl Rd, Branford, CT 06405-4015
      View Details
    • Value Estimation
      $305,000
      0.39 Acres

      15 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.39 Acres
      15 Church St, Branford, CT 06405-3829
      View Details
    • Value Estimation
      $365,000
      1.91 Acres

      235 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.91 Acres
      235 Main St, Branford, CT 06405-3020
      View Details
    • Value Estimation
      $315,000
      2.74 Acres

      41 Rose Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.74 Acres
      41 Rose Hl Rd, Branford, CT 06405-4015
      View Details
    • Value Estimation
      $235,000
      2.90 Acres

      56 Rose Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.90 Acres
      56 Rose Hl Rd, Branford, CT 06405-4028
      View Details
    • Value Estimation
      $275,000
      0.78 Acres

      46 Tipping Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 0.78 Acres
      46 Tipping Dr, Branford, CT 06405
      View Details

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    Similar Nearby for Lease

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      View Details
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    197 Main St
    Branford, CT 06405
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    Realmo Value Estimation

    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.

    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.

    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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