Property profile

51 Boston Post Rd Madison, CT 06443

FOR LEASE
Retail properties & Spaces
Property ID
US15-0284403
16,306 SF 2 ac lot Built 1979
Entity Owned 29-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,306 SF
Lot 2 ac (87,120 SF)
Zoning code C
APN MADI M:44 B:17
UPID US15-0284403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Dental Office
  • Take-out & Catering Catering Service
  • Charitable Organization Social Service Agency
  • Pet Grooming Service

Location

51 Boston Post Rd Madison, CT 06443
Madison metro Census 194201 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$485k

Owner & transaction history

since 1996
5 recorded transactions
2016
Price N/A
1996
$695,000
1989
$1.6M
1988
Price N/A
1987
Price N/A

Zoning & alternative use

C · Madison, CT
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message