Property profile

215 Elm St New Canaan, CT 06840

OFF-MARKET
Retail space
Property ID
US15-0393625
3,001 SF 0.28 ac lot Built 2016
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2016
Construction STEEL FRAME
Total area 3,001 SF
Lot 0.28 ac (12,197 SF)
Zoning code BUSA
APN NCAN M:000L B:018 L:00850
UPID US15-0393625

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
  • Specialty Food Shop Wine and Liquor Store
  • Landscaping General Contractor

Location

215 Elm St New Canaan, CT 06840-5310
New Canaan metro Census 35102 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$445k
CAP Approach CAP
by Request
Comparable Approach Comparable
$628k
Blend (final) Blend
$650k

Owner & transaction history

since 2014
2 recorded transactions
2014
Price N/A
2013
$332,000

Zoning & alternative use

BUSA · New Canaan, CT
Top alternative use upside
Auto repair, garage $700,000 +25.7%
Commercial (general) $700,000 +25.4%

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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