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    Property profile & analytics

    500 Purdy Hl Rd, Unit 11 Monroe, CT 06468-1661

    • Office Properties & Spaces
    • 710 SF
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Jun 25, 2024
    $300,000
    Location Intelligence
    Property ID
    US15-0213680
    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

    • Thomas C. Roballey, DC / Chiropractor
    • Cleland E Gordon / Attorney
    • DiBlasi Associates PC / Structural Engineer
    • Healthy Smiles Dental Group / Dentist / Dental Clinic
    • Chadys Jon David DDS / Dentist

    Property Details for 500 Purdy Hl Rd

    Year built
    1987
    Construction
    FRAME
    Property size
    710 SF
    Zone code
    B1
    Property type
    Office Properties & Spaces
    APN
    MONR M:019 B:017 L:11
    APU
    MONRM019B017L11

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $200,000
      6.5%
      $185,000
      7%
      $175,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $160,000
      Geo Method
      $175,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $175,000
      Retail
      $155,000
      Mixed-Use
      $150,000
      Hospitality
      $175,000
      Educational
      $145,000
      Residential Income
      $180,000
      Energy
      $185,000
      Income-Based Land
      $165,000
      Food Service
      $140,000

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.251
    Latitude
    41.306
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, 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
    $2,580
    $0.00
    $68,700
    $68,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      755 Main St

      Office Properties & Spaces • 5,000 SF
      755 Main St, Monroe, CT 06468
      View Details
    • Value Estimation
      $190,000
      861 SF

      324 Elm St, Unit 104B

      CONDOMINIUM OFFICES • 861 SF
      324 Elm St, Monroe, CT 06468-2280
      View Details
    • Value Estimation
      $215,000
      5,541 SF

      755 Main St Ste, Unit 3

      CONDOMINIUM OFFICES • 5,541 SF
      755 Main St Ste, Monroe, CT 06468-2830
      View Details
    • Value Estimation
      $250,000
      865 SF

      500 Purdy Hl Rd Ste, Unit 9

      CONDOMINIUM OFFICES • 865 SF
      500 Purdy Hl Rd Ste, Monroe, CT 06468-1661
      View Details
    • Value Estimation
      $195,000
      934 SF

      324 Elm St Ste 105b

      CONDOMINIUM OFFICES • 934 SF
      324 Elm St Ste 105b, Monroe, CT 06468-2283
      View Details
    • Value Estimation
      $200,000
      1,091 SF

      324 Elm St Ste 103a

      CONDOMINIUM OFFICES • 1,091 SF
      324 Elm St Ste 103a, Monroe, CT 06468-2281
      View Details

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    Similar Nearby for Lease

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    • $600 /Mo
      1,500 SF

      Turn Key Office Suites Available

      Move-in ready office suites with shared amenities and utilities included.
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    • $850 /Mo
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      Turn Key Office Suite

      Window offices available in Monroe Center with utilities included.
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    • $500 /Mo
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      Professional Office Space For Rent

      Unfurnished office space with utilities included, ideal for professionals.
      755 Main St, Monroe, CT 06468
      View Details
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    Monroe, CT 06468-1661
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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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