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Property profile & analytics
FOR LEASE
Showrooms

268 Simpaug Tpke Redding, CT 06896

9,220 SF 0.39 ac lot Built 1951
Individually Owned 18-yr Hold Free & Clear
Property ID
US15-0455397
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1951
Construction FRAME
Total area 9,220 SF
Lot 0.39 ac (16,988 SF)
Zoning code NB
APN REDD M:12 L:41
UPID US15-0455397
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
  • The RITE Report Consultant
  • United States Postal Service Post Office Logistics Service
  • West Redding Post Office
  • Berger Laura E DDS Dental Office
  • Amala Services LLP (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Felix A Merante · 18 yrs held
Felix A Merante
since 2008
1 recorded transaction
2008
$1
Zoning & alternative use
NB · Redding, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NB Neighborhood Business Zone Intent of zone: To provide for small scale retail centers which will furnish convenience goods and services essential to the daily life of the local neighborhood or community, and will blend harmoniously with the residential and natural environment of their surroundings. - 14 - 14 4.1 Districts Established - continued SB Service…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 12.88 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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