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    Property profile & analytics

    5 Railroad St Canaan, CT 06018-2012

    • Retail space
    • 6,598 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $360,000
    Last Sale
    Jun 01, 2020
    Location Intelligence
    Property ID
    US15-0662436
    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

    • Homegrown Cafe / Açaí Shop / Bagel Shop

    Property Details for 5 Railroad St

    Year built
    1937
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    6,598 SF
    Zone code
    3
    Property type
    Retail space
    APN
    NRCA M:22 L:201-0
    APU
    NRCAM22L2010

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Canaan
    County
    Litchfield
    State
    Connecticut
    Longitude
    -73.3297
    Latitude
    42.0273
    CBSA code
    45860
    CBSA name
    TORRINGTON, CT MICROPOLITAN 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
    $6,456
    $29,400
    $223,790
    $253,190
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $200,000
      2,275 SF

      14 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,275 SF
      14 Main St, Canaan, CT 06018-2508
      View Details
    • Value Estimation
      $360,000
      6,070 SF

      62 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,070 SF
      62 Main St, Canaan, CT 06018-2460
      View Details
    • Value Estimation
      $270,000
      8,562 SF

      91 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 8,562 SF
      91 Railroad St, Canaan, CT 06018-2012
      View Details
    • Value Estimation
      $475,000
      8,174 SF

      76 Main St

      RETAIL STORES (PERSONAL SERVICES) • 8,174 SF
      76 Main St, Canaan, CT 06018-2460
      View Details
    • Value Estimation
      $265,000
      6,000 SF

      297 Ashley Fls Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,000 SF
      297 Ashley Fls Rd, Canaan, CT 06018-2001
      View Details
    • Value Estimation
      $325,000
      2,968 SF

      35 Railroad St

      RETAIL STORES (PERSONAL SERVICES) • 2,968 SF
      35 Railroad St, Canaan, CT 06018-2012
      View Details

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    • $345,000
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      Residential Land Near Konkapot River

      37.437 acres of land bordering the Konkapot River.
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      Specialty property available for sale.
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    Similar Nearby for Lease

    • $2,500 /Mo
      5,500 SF

      Versatile Commercial Space in North Canaan

      Adaptable 5500 sq ft space ideal for retail or entertainment.
      27 Railroad St, North Canaan, CT 06018
      View Details
    • $1,600 /Mo
      1,500 SF

      Versatile Commercial Space in North Canaan

      Adaptable 1500 sq ft space ideal for studio, office, or retail.
      27 Railroad St, North Canaan, CT 06018
      View Details
    • Contact for pricing
      200,376 SF

      Prime North Canaan Commercial Land

      4.6-acre lot, high-traffic location.
      0 Locust Hl Rd, North Canaan, CT 06018
      View Details
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    5 Railroad St
    Canaan, CT 06018-2012
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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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