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    200 Main St Monroe, CT 06468-1174
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    200 Main St Monroe, CT 06468-1174

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    • Industrial properties
    • 28,000 SF
    • 8.69 lot acres
    Off-Market
    Last Sale Dec 12, 2025
    $3,900,000
    Property ID
    US15-0420586
    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
    $3,630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • A D Lines Euro Group / Renovation Specialist
    • Mikron Corporation Monroe / Industrial Manufacturer
    • Lice Treatment Center Monroe / Hair Salon
    • Orkin / Garden Center
    • Blue Water Pools of Connecticut / Renovation Specialist / General Contractor

    Property Details for 200 Main St

    Year built
    2006
    Construction
    STEEL FRAME
    Lot size
    8.69 lot acres
    Property size
    28,000 SF
    Zone code
    I1
    Property type
    Industrial properties
    APN
    MONR M:019 B:009 L:0A
    APU
    MONRM019B009L0A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,090,000
      Market price range: $1.71M - $4.26M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,720,000
      Current use
      RETAIL STORES
      $5,205,000
      Change: +91% Conversion: Moderate
      OFFICE BUILDING
      $4,885,000
      Change: +80% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $4,435,000
      Change: +63% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.255
    Latitude
    41.3084
    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
    $59,198
    $364,700
    $1,211,800
    $1,576,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15.72 Acres

      873 Main St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 15.72 Acres
      873 Main St, Monroe, CT 06468-2811
      View Details
    • Value Estimation by Request
      7,206 SF

      87 Enterprise Dr

      INDUSTRIAL (GENERAL) • 7,206 SF
      87 Enterprise Dr, Monroe, CT 06468-2674
      View Details
    • Value Estimation by Request
      20,000 SF

      143 Enterprise Dr

      INDUSTRIAL (GENERAL) • 20,000 SF
      143 Enterprise Dr, Monroe, CT 06468-2675
      View Details
    • Value Estimation
      $665,000
      20,750 SF

      154 Enterprise Dr

      INDUSTRIAL (GENERAL) • 20,750 SF
      154 Enterprise Dr, Monroe, CT 06468-2675
      View Details
    • Value Estimation by Request
      11,724 SF

      626 Main St

      INDUSTRIAL (GENERAL) • 11,724 SF
      626 Main St, Monroe, CT 06468-2808
      View Details
    • Value Estimation by Request
      12,424 SF

      1480 Monroe Tpke

      INDUSTRIAL (GENERAL) • 12,424 SF
      1480 Monroe Tpke, Monroe, CT 06468
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,166 SF

      Commercial Property for Sale

      Commercial property available for sale.
      171 Main St, Monroe, CT 06468
      View Details
    • $135,000
      700 SF

      444 Main Street, Monroe, CT 06468

      Coffee shops • 700 SF
      444 Main St, Monroe, CT 06468
      View Details
    • Contact for pricing
      10,560 SF

      NNN Leased Retail Investment Property

      Retail property with NAPA Auto Parts and Webster Bank tenants.
      495 Monroe Tpke, Monroe, CT 06468
      View Details
    • $1,295,000
      31.00 Acres

      Approved Subdivision in Monroe, CT

      31-acre, 8-lot subdivision with approvals in place.
      1536 Monroe Tpke, Monroe, CT 06468
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr
      17,394 SF

      Monroe Commercial Flex Space Available

      Flexible commercial building in Monroe, CT, suitable for varied uses.
      1545 Monroe Tpke, Monroe, CT 06468
      View Details
    • $550 /Mo
      600 SF

      Professional Office Space For Rent

      Unfurnished office space with utilities included, ideal for professionals.
      755 Main St, Monroe, CT 06468
      View Details
    • Contact for pricing

      Retail Space Build to Suit

      Retail space available for rent, build to suit opportunity.
      846 Main St, Monroe, CT 06468
      View Details
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    200 Main St
    Monroe, CT 06468-1174
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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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