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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Showrooms
46-50 Main St Branford, CT 06405
Individually Owned
2-yr Hold
Free & Clear
Property ID
US15-0679893
Property summary
AI-generated overview
This exceptional 1.34-acre commercial land parcel, located at 46-50 North Main Street in Branford, Connecticut (zip code 06405), presents a unique investment opportunity. Situated at a signalized intersection of Route 1 (North Main Street) and Cherry Hill Road, this property boasts significant visibility and accessibility. The lot features substantial frontage: approximately 205 feet on Route 1 and 263.84 feet on Cherry Hill Road. The existing 3,252 square foot commercial building is available for sale or land lease. The property is zoned BL, allowing for a wide variety of commercial uses. The high-traffic location benefits from an average daily traffic count of approximately 16,387 vehicles. This prime location offers unparalleled exposure for any business seeking a prominent presence in Branford. The property's size and zoning make it suitable for a range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. Contact the listing agent for pricing and further details.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,252 SF
Lot
1.03 ac (44,867 SF)
APN
BRAN M:D07-000 B:001 L:00010
UPID
US15-0679893
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$750k
Blend (final)
Blend
$750k
Owner & transaction history
Autumn Pallman · 2 yrs held
Autumn Pallman
since 2024
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Branford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Branford submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jun 11 2024)
Last sale anchor
$750k
Jun 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$231 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,721
Tax year 2023
Assessed value
$492,500
Assessed 2023
Previous assessed
$492,500
+0.0% YoY
Effective rate
2.99%
On assessed value
Assessed land
$299,300
Assessed improvement
$193,200
Applied tax rate
300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
3,252 SF
Lot
1.03 ac (44,867 SF)
APN
BRAN M:D07-000 B:001 L:00010
UPID
US15-0679893
Jurisdiction
BRANFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Autumn Pallman
Individual
Free & Clear · 2 yrs held
Mailing address
20 WATER ST, GUILFORD, CT 06437-2862
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2024
—
Autumn Pallman
50 North Main Street LLC
Quit Claim Deed
related
—
Jan 14, 2009
$750,000
50 North Main Street LLC
Terra-mare LLC
Warranty Deed
$477,500 · Bank Of America
Jan 14, 2009
—
50 North Main Street LLC
—
Deed Of Trust
related
$160,000 · Terra-mare LLC
Mar 22, 2006
—
Terra Marc LLC
—
Deed Of Trust
related
$560,000 · Citizens Bank Of Ct
Jul 10, 2003
$550,000
Terramare LLC
Gambardella,john
Warranty Deed
$560,000 · Zeger Corp Pension Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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