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    Property profile & analytics

    35 Railroad St Canaan, CT 06018-2012

    • Retail space
    • 2,968 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US15-0055813
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jim's Garage / Antique Store / Gift Shop
    • Old Soul at Jim's Garage / Antique Store / Gift Shop
    • ILSE Coffee / Coffee Roasters / Coffee Shop

    Property Details for 35 Railroad St

    Year built
    1941
    Construction
    STEEL FRAME
    Lot size
    0.43 lot acres
    Property size
    2,968 SF
    Zone code
    3
    Property type
    Retail space
    APN
    NRCA M:22 L:209-0
    APU
    NRCAM22L2090

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $405,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $375,000
      Mixed-Use
      $445,000
      Hospitality
      $435,000
      Educational
      $370,000
      Residential Income
      $440,000
      Energy
      $385,000
      Income-Based Land
      $410,000
      Food Service
      $470,000

    Location Insight

    • Map
    • Local Demand
    City
    Canaan
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.3295
    Latitude
    42.0285
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,945
    $76,440
    $78,260
    $154,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $200,000
      2,275 SF

      14 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,275 SF
      14 Main St, Canaan, CT 06018-2508
      View Details
    • Value Estimation
      $360,000
      6,070 SF

      62 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,070 SF
      62 Main St, Canaan, CT 06018-2460
      View Details
    • Value Estimation
      $270,000
      8,562 SF

      91 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 8,562 SF
      91 Railroad St, Canaan, CT 06018-2012
      View Details
    • Value Estimation
      $475,000
      8,174 SF

      76 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,174 SF
      76 Main St, Canaan, CT 06018-2460
      View Details
    • Value Estimation
      $360,000
      6,598 SF

      5 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 6,598 SF
      5 Railroad St, Canaan, CT 06018-2012
      View Details
    • Value Estimation
      $185,000
      1,932 SF

      11 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 1,932 SF
      11 Railroad St, Canaan, CT 06018
      View Details

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    Similar Nearby for Lease

    • $2,500 /Mo
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      Versatile Commercial Space in North Canaan

      Adaptable 5500 sq ft space ideal for retail or entertainment.
      27 Railroad St, North Canaan, CT 06018
      View Details
    • $1,600 /Mo
      1,500 SF

      Versatile Commercial Space in North Canaan

      Adaptable 1500 sq ft space ideal for studio, office, or retail.
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    • Contact for pricing
      200,376 SF

      Prime North Canaan Commercial Land

      4.6-acre lot, high-traffic location.
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    35 Railroad St
    Canaan, CT 06018-2012
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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