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    Property profile & analytics

    4 Old Ml Rd Redding, CT 06896-3204

    • Office buildings
    • 4,858 SF
    • 1.37 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Location Intelligence
    Property ID
    US15-0379929
    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

    • EMI Specialty Papers / Paper Distributor / Service Establishment
    • Elevation Spin - Train - TRX / Physical Fitness Program / Personal Trainer
    • Mesh-Mount Paper, Fiberglass & Tape / Tile Manufacturer
    • Old Mill Market & Cafe / Bakery / Cafe
    • Yoga Station / Yoga Studio

    Property Details for 4 Old Ml Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    1.37 lot acres
    Property size
    4,858 SF
    Zone code
    BC
    Property type
    Office buildings
    APN
    REDD M:46 L:75
    APU
    REDDM46L75

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $340,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $455,000
      7%
      $440,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $475,000
      Geo Method
      $450,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $500,000
      Retail
      $530,000
      Mixed-Use
      $515,000
      Hospitality
      $455,000
      Educational
      $500,000
      Residential Income
      $470,000
      Energy
      $395,000
      Income-Based Land
      $515,000
      Food Service
      $395,000

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4278
    Latitude
    41.2559
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN 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
    $15,733
    $316,800
    $251,400
    $568,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      1,071 SF

      3 Main St

      OFFICE BUILDING • 1,071 SF
      3 Main St, Redding, CT 06896
      View Details
    • Value Estimation
      $345,000
      5,258 SF

      32 Portland Ave

      OFFICE BUILDING • 5,258 SF
      32 Portland Ave, Redding, CT 06896-3113
      View Details
    • Value Estimation
      $95,000
      1,008 SF

      73 Redding Rd, Unit 8

      CONDOMINIUM OFFICES • 1,008 SF
      73 Redding Rd, Redding, CT 06896-3210
      View Details
    • Value Estimation
      $410,000
      4,452 SF

      9 Brookside Rd, Unit D

      CONDOMINIUM OFFICES • 4,452 SF
      9 Brookside Rd, Redding, CT 06896
      View Details
    • Value Estimation
      $385,000
      2,626 SF

      9 Brookside Rd, Unit B1

      CONDOMINIUM OFFICES • 2,626 SF
      9 Brookside Rd, Redding, CT 06896
      View Details
    • Value Estimation
      $235,000
      1,596 SF

      73 Redding Rd, Unit 7

      CONDOMINIUM OFFICES • 1,596 SF
      73 Redding Rd, Redding, CT 06896-3210
      View Details

    Similar Nearby for Sale

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      Redding Specialty Property For Sale

      Specialty property available for purchase in Redding, Connecticut.
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      Redding Road Specialty Property

      Specialty property available for sale on Redding Road.
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      Specialty property available for sale on Peaceable Street.
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    Similar Nearby for Lease

    • $2,500 /Mo

      Georgetown Apartment with Optional Garage

      Two-bedroom apartment in Georgetown with optional garage and storage.
      96 Portland Ave, Redding, CT 06896
      View Details
    • Contact for pricing
      1,578 SF

      Georgetown Retail/Fitness Space with Cafe

      Unique retail space with cafe in Georgetown business district.
      4 Old Mill Rd, Redding, CT 06896
      View Details
    • $2,600 /Mo

      Bright Apartment Near Spinning Wheel

      Light-filled 2-bedroom apartment with modern kitchen and private patio.
      107 Black Rock Tpke, Redding, CT 06896
      View Details
    • $2,495 /Mo
      1,000 SF

      Georgetown Retail/Studio Space Available

      Unique studio space in Georgetown suitable for various activities.
      12 Old Mill Rd, Redding, CT 06896
      View Details
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    4 Old Ml Rd
    Redding, CT 06896-3204
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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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