Technical
Financial
Distress signals
Property profile

242 Salem Rd Ridgefield, CT 06877

OFF-MARKET
Gas stations
Property ID
US15-0862464
1,344 SF 2 ac lot Built 1974
Entity Owned 36-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,344 SF
Lot 2 ac (87,120 SF)
Zoning code RAA
APN RIDG M:C17 B:0022
UPID US15-0862464

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
  • Gas Station

Location

242 Salem Rd Ridgefield, CT 06877-4834
Ridgefield metro Census 245500 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 1990
1 recorded transaction
1990
$412,500

Zoning & alternative use

RAA · Ridgefield, CT
General category RESIDENTIAL

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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