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Property profile & analytics
OFF-MARKET Estimated value $955,000
Showrooms

44 Tpke Rd Wallingford, CT 06492-3458

9,750 SF 1.16 ac lot Built 2004
Entity Owned 3-yr Hold Free & Clear
Property ID
US15-1316720
Property summary
AI-generated overview

This exceptional commercial property, located at 44 S Turnpike Rd, Wallingford, CT 06492, presents a compelling investment or owner-user opportunity. The 9,750 square foot building, constructed in 2004, sits on a 1.16-acre lot and boasts a prime location with approximately 284 feet of road frontage. The property features ample parking (40 spaces) in a level, paved, and lined lot, ensuring convenient access for customers and employees. Its excellent visibility and curb appeal, along with prominent signage, contribute to its high commercial viability. The building is zoned for commercial use and offers easy access to major roadways, including close proximity to the Wilbur Cross Parkway. The asking price is $1,299,000, translating to $133.23 per square foot. This single-building property is ideal for a variety of commercial uses. Showings are by appointment only. All inquiries must maintain confidentiality and refrain from contacting the property owners or employees.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2004
Construction STEEL FRAME
Total area 9,750 SF
Lot 1.16 ac (50,530 SF)
APN WALL M:132 L:007
UPID US15-1316720
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
  • Cody's Barbershop Barber Shop
  • Oakdale Cleaners (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$950k
CAP Approach CAP
by Request
Comparable Approach Comparable
$801k
Blend (final) Blend
$955k
Owner & transaction history
44 South Turnpike LLC · 3 yrs held
44 South Turnpike LLC
since 2023
Last sale
$960,000
3 recorded transactions
2023
$795,000
2005
Price N/A
2000
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.4M +48.1%
Retail stores $1.1M +9.9%
Apartment house (5+ units) $1.0M +6.0%
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