360 Tunxis Hill Rd Fairfield, CT 06825
For Sale
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This 20,273 square foot, three-story flex building in Fairfield, CT, presents a significant redevelopment opportunity. Situated on 0.85 acres in the Designed Commercial District (DCD) Zone, the property boasts 253 linear feet of frontage on Route 58, offering excellent visibility and accessibility. The building, constructed in 1984, includes a 10,028 square foot ground-level garage with 107 parking spaces, a 3,415 square foot first floor previously used as a car dealership, and a 6,830 square foot upper two floors previously occupied by a mixed-use tenant. The property features full HVAC, a wet sprinkler system, an elevator, and two curb cuts on Route 58, plus a side entrance to the upper-level garage on Berkeley Road. Its strategic location near I-95 (1.2 miles), the Fairfield Metro Train Station (1.6 miles), and a Greater Bridgeport Transit Bus Stop, combined with proximity to Fairfield University (less than two miles) and neighboring businesses like TJ Maxx, Stop & Shop, Aldi, and Floor & Decor, makes it an attractive investment. The asking price is $3,600,000, translating to $177.58 per square foot. The property is currently vacant and available for immediate occupancy. Zoning permits a variety of uses, including retail, mixed-use, or residential projects, subject to approval. This offering presents a rare chance to acquire prime real estate with substantial redevelopment potential in a high-traffic area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DCD · Fairfield, CTFairfield. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.