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Property profile & analytics
FOR SALE
Showrooms

360 Tunxis Hill Rd Fairfield, CT 06825

10,245 SF 0.85 ac lot Built 1984
Entity Owned 2-yr Hold Free & Clear
Property ID
US15-0878160
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1984
Construction STEEL FRAME
Total area 10,245 SF
Lot 0.85 ac (37,162 SF)
Zoning code DCD
APN FAIR M:40 B:331
UPID US15-0878160
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
  • Photographic Research Org Inc Corporate Office Business Park
  • Scap Dodge Car Dealership Auto Repair Shop
  • Scap - Chrysler Car Dealership Auto Repair Shop
  • Chrysler at Scap Car Dealership Auto Repair Shop
  • Scap Jeep Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.13M
Owner & transaction history
360 Tunxis Hill Rd LLC · 2 yrs held
360 Tunxis Hill Rd LLC
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
DCD · Fairfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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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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