Property profile

339 Flanders Rd East Lyme, CT 06333

OFF-MARKET
Other retail properties
Property ID
US15-0335766
36,657 SF 4.56 ac lot Built 1989
Entity Owned 22-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This commercial property comprises approximately 3,350 square feet and is located in East Lyme. The interior layout includes seven offices, a kitchen/staff area, waiting rooms, reception offices, and two bathrooms, along with substantial storage space. The building is positioned in the first building directly off I-95, providing convenient highway access, and the property offers ample on-site parking.

Property profile

Verified
Property type Other retail properties
Use group DEPARTMENT STORE
Year built 1989
Construction FRAME
Total area 36,657 SF
Lot 4.56 ac (198,634 SF)
Zoning code CA
APN ELYM M:031.1 B:00056 L:00000
UPID US15-0335766

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
  • Charitable Organization Social Service Agency
  • Veterinary Clinic
  • Physician
  • Home Health Care Service
  • Training Center Sports School

Location

339 Flanders Rd East Lyme, CT 06333-1700
East Lyme metro Census 716102 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.09M
Blend (final) Blend
$2.78M

Owner & transaction history

since 2003
5 recorded transactions
2003
$3.7M
1997
Price N/A
1994
$195,624
1993
$110,000
1988
$213,056

Zoning & alternative use

CA · East Lyme, CT
Zoning description

20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval…

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 339 Flanders Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message