246 Federal Rd Brookfield, CT 06804
- Office Properties & Spaces
- 1,750 SF
Current Use by Public Records
- Cas Photo Studio & Camera Shop / Photographer
- Robert Sherwood Landscape architect / Landscape Architect / Landscape Designer
- Residential Mortgage Services, Inc. / Mortgage Lender
- Joseph S. Paravati, DC / Chiropractor
- Paravati Chiropractic Center / Chiropractor
Property Details for 246 Federal Rd
- Year built
- 1986
- Construction
- FRAME
- Property size
- 1,750 SF
- Zone code
- C-1
- Property type
- Office Properties & Spaces
- APN
- BROO M:D14 L:035 U:B11
- APU
- BROOMD14L035UB11
Description
This exceptional 4,905 square foot Class B medical office building, located at 246 Federal Road in Fairfield County, presents a unique investment opportunity. The entire building, comprising three suites, is currently vacant and available for lease. Suites range from a minimum of 1,060 square feet to a maximum contiguous space of 2,095 square feet, offering flexibility for various medical or related businesses. The property boasts a fantastic location just north of Costco with convenient access to I-84, ensuring high visibility and accessibility for patients and clients. The building features modern amenities including electric heat pump central air conditioning, city sewer, and well water. Each suite includes a private bath and is handicap accessible. The C-1 zoning allows for a variety of uses, including office, medical, dental, rehabilitation, physical therapy, spa/beauty, showroom, retail, or laboratory space. Owner financing may be available, making this an attractive option for qualified buyers. This ground-level space offers approximately 1,750 square feet, ideal for a variety of medical or commercial uses. Don't miss this chance to secure a prime location in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $300,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $335,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $250,000
- Retail
- $330,000
- Mixed-Use
- $265,000
- Hospitality
- $260,000
- Educational
- $295,000
- Residential Income
- $305,000
- Energy
- $295,000
- Income-Based Land
- $250,000
- Food Service
- $245,000
Location Insight
- Map
- Local Demand
- City
- Brookfield
- County
- Fairfield
- State
- Connecticut
- Longitude
- -73.4048
- Latitude
- 41.4454
- CBSA code
- 14860
- CBSA name
- BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA