Property profile

255 Monroe Tpke Monroe, CT 06468

OFF-MARKET
Showrooms
Property ID
US15-0215153
1,904 SF 0.7 ac lot Built 1820
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a retail space configured with approximately 3,000 square feet of floor area. It is zoned for light office use and is laid out to support a bank-pad style development.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1820
Construction FRAME
Total area 1,904 SF
Lot 0.7 ac (30,492 SF)
Zoning code LOR
APN MONR M:014 B:066 L:00
UPID US15-0215153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

255 Monroe Tpke Monroe, CT 06468-2287
Monroe metro Census 100100 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2023
Last sale
$915,000
5 recorded transactions
2023
Price N/A
2020
Price N/A
2006
$915,000
1998
Price N/A
1996
Price N/A

Zoning & alternative use

LOR · Monroe, CT
Zoning description

Limited Office Retail District (“LOR District”). §5.1.2 Purpose and Intent A LOR District shall be established for the purpose of establishing a transitional zone between residentially zoned properties and nonresidential…

General category COMMERCIAL

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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