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Property profile & analytics
OFF-MARKET Estimated value $860,000
Showrooms

2090 Foxon Rd North Branford, CT 06471-1511

5,000 SF 0.54 ac lot Built 1974
Individually Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0344674
Property summary
AI-generated overview

This 5,000 square foot, single-story retail building in North Branford, Connecticut, presents a unique investment opportunity. Previously a Cumberland Farms gas station and convenience store, this property offers three separate retail spaces: one 2,500 square foot space and two 1,250 square foot spaces. Located at 2090 Foxon Rd, 06471, the building sits on a highly visible lot with approximately 13,000 cars passing daily, benefiting from proximity to major highways, shopping centers, and restaurants. Built in 1974, the property is zoned B2 and has undergone environmental remediation, including the removal of underground storage tanks. The building is vacant and being sold as-is, with the seller open to exploring financing options. No deed restrictions exist, allowing for a wide range of retail uses, including, but not limited to, re-establishing a gas station and convenience store, bank, quick-service restaurant, full-service restaurant, pharmacy, or grocery store. The asking price is $1,799,999, representing a price per square foot of $360. This is a remarkable chance to acquire a well-located, versatile retail property with significant potential for growth and return on investment.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,000 SF
Lot 0.54 ac (23,522 SF)
APN NBRA M:33 B:26
UPID US15-0344674
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cumberland Farms Gas Station
  • Coin Cloud Bitcoin ATM Kiosk Atm
  • Citizens ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$888k
Blend (final) Blend
$860k
Owner & transaction history
Cumberland Farms · 19 yrs held
Cumberland Farms
since 2006
1 recorded transaction
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $730,000 +29.8%
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