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    Property profile & analytics

    44 Boston Post Rd Madison, CT 06443-2137

    • Turn key restaurants
    • 7,219 SF
    • 3.76 lot acres
    OFF-MARKET
    Value Estimation
    $320,000
    Location Intelligence
    Property ID
    US15-0173743
    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

    • Franco's Discount Wine-Liquor / Wine Store / Liquor Store

    Property Details for 44 Boston Post Rd

    Year built
    1962
    Construction
    FRAME
    Lot size
    3.76 lot acres
    Property size
    7,219 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    MADI M:44 B:54
    APU
    MADIM44B54

    Description

    This 3,900-square-foot restaurant space, located on Route 1 in New Haven County, presents a unique opportunity for a new or expanding business. Situated on a 3.76-acre lot, the property boasts a prominent location with high visibility. Built in 1962, the building has recently undergone significant improvements, including a new roof and HVAC systems. The interior features a spacious dining area with seating for 70 patrons and a large, well-equipped Chinese-style kitchen, perfect for a variety of culinary concepts. A full liquor license is already in place, simplifying the permitting process for prospective tenants. The property is zoned C, allowing for a range of commercial uses. The entire 3,900 square feet is currently vacant, offering a blank canvas for customization. The property also includes a basement, adding extra storage or potential expansion space. The asking rent is $4,500 per month net. The APN is 1156446. This is a single-tenant property ideal for a restaurant or retail business seeking a high-traffic location with significant operational advantages.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $375,000
      7%
      $395,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $330,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $355,000
      Retail
      $305,000
      Mixed-Use
      $385,000
      Hospitality
      $425,000
      Educational
      $415,000
      Residential Income
      $340,000
      Energy
      $310,000
      Income-Based Land
      $335,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.6441
    Latitude
    41.2848
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, 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
    $15,770
    $217,700
    $308,500
    $526,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $290,000
      2,715 SF

      96 Wall St

      RESTAURANT • 2,715 SF
      96 Wall St, Madison, CT 06443-3128
      View Details
    • Value Estimation by Request
      5,137 SF

      1307 Boston Post Rd

      RESTAURANT • 5,137 SF
      1307 Boston Post Rd, Madison, CT 06443
      View Details
    • Value Estimation
      $390,000
      1,125 SF

      1324 Boston Post Rd

      RESTAURANT • 1,125 SF
      1324 Boston Post Rd, Madison, CT 06443-3454
      View Details
    • Value Estimation
      $350,000
      2,944 SF

      11 Boston Post Rd

      RESTAURANT • 2,944 SF
      11 Boston Post Rd, Madison, CT 06443-2131
      View Details
    • Value Estimation
      $1,660,000
      4,756 SF

      1320 Boston Post Rd

      RESTAURANT • 4,756 SF
      1320 Boston Post Rd, Madison, CT 06443-3454
      View Details
    • Value Estimation
      $65,000
      3,152 SF

      56 Academy St

      RESTAURANT • 3,152 SF
      56 Academy St, Madison, CT 06443-2611
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Retail space in the heart of Madison with parking.
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    • $1,650 /Mo
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      Office or retail space with high visibility on Route 1.
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    • $2,600 /Mo
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      Downtown Retail Space For Lease

      Updated retail space in a classic building with parking.
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    • $890 /Mo
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      500 SF office space in desirable location, Madison, CT
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    Madison, CT 06443-2137
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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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