50 Boston Post Rd Orange, CT 06477-3239
Property profile & analytics
50 Boston Post Rd Orange, CT 06477-3239
- Showrooms
- 64,118 SF
- 7.51 lot acres
Property ID
US15-0904153
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.
Location Intelligence
Current Use by Public Records
- The Edge Shake Bar & Cafe / Bar & Pub
- Bank of America ATM / Atm
- Guitar Center Lessons / Tutoring Service
- Bank of America ATM (Drive-thru) / Atm
- Guitar Center / (Bike/Boat/Book/etc) Store
Property Details for 50 Boston Post Rd
- Year built
- 1998
- Construction
- CONCRETE
- Lot size
- 7.51 lot acres
- Property size
- 64,118 SF
- Zone code
- C-1
- Property type
- Showrooms
- APN
- ORAN M:56 B:3 L:3
- APU
- ORANM56B3L3
Description
This exceptional investment opportunity presents a 61,120-square-foot retail property situated on a 7.51-acre lot in Orange, Connecticut. The property, built in 1990 and renovated in 1990, boasts a Class B designation and features a single, one-story building with two tenants under long-term, triple-net (NNN) leases. Currently operating at 100% occupancy, the property generates a substantial net operating income (NOI) of $850,450, resulting in an attractive 7.73% capitalization rate. The asking price is $11,000,000, translating to a price per square foot of $179.97. Strategically located on 50 Boston Post Road (Route 1), a major retail corridor with high traffic volume (20,838 average daily traffic), this property benefits from excellent visibility and accessibility. Ample parking is available to accommodate the clientele of the two tenants: a regional fitness club and a national musical instrument retailer. This is a rare opportunity to acquire a stable, high-performing retail investment in a prime location. The property's strong tenant mix, long-term leases, and high NOI make it an ideal addition to any investment portfolio. The property's location offers easy access to Interstate 95, further enhancing its appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,570,000
Market price range: $1.84M - $8.34M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9846
- Latitude
- 41.2792
- 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
$122,132
$1,146,800
$2,633,200
$3,780,000
-
$0.00
$0.00
$0.00
