Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    53 Courtland Ave Stamford, CT 06902-3401
    Back to Search
    Property profile & analytics

    53 Courtland Ave, Stamford, CT 06902-3401

    View on Map
    • Showrooms
    • 67,914 SF
    • 4.12 lot acres
    Off-Market
    Last Sale Mar 2, 2025
    $19,400,000
    Property ID
    US15-0177561
    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.
    Value Estimations
    $14,160,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stamford Dog Park / Dog Park / Park
    • Cassena Care at Stamford / Nursing Home
    • 53 Courtland Avenue / Nursing Home
    • Courtland Gardens Health Center: Miner Charles MD / Physician

    Property Details for 53 Courtland Ave

    Year built
    1964
    Construction
    STEEL FRAME
    Lot size
    4.12 lot acres
    Zone code
    RM1
    Property type
    Showrooms
    APN
    STAM M:001 B:6488
    APU
    STAMM001B6488

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2025 $19,400,000 Stamford Care Ctr Rlty Ll Stamford Acqui II LLC Warranty Deed $31.5M · Dmt Spe I LLC
    Nov 30, 2020 — Stamford Acquisition 2 — Deed · related $8.2M · Signature Bank
    Nov 19, 2015 — Stamford Acquisition 2 Courtland Gardens Seni Warranty Deed $7.4M · Signature Bank
    Mar 13, 2014 — Regency Hts Of Stamford — Deed Of Trust · related $3.4M · Liberty Bank & Trust Co
    Dec 5, 2011 — Courtland Gardens Senior — Deed Of Trust · related $3.5M · Capmark Bank
    Jan 11, 2011 $800,000 Courtland Gardens Senior Kindred Healthcare Oper Warranty Deed —
    May 7, 1998 $8,600,000 Ventas Rlty LP Stamford Hlth Assoc LP Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $19,740,000
      6.5%
      $18,220,000
      7%
      $16,920,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $10,554,000
      Market price range: $10.4M - $27.9M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $20,440,000
      Current use
      RESTAURANT
      $17,445,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5125
    Latitude
    41.0608
    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
    $156,223
    $2,728,540
    $3,460,980
    $6,189,520
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,920,000
      41,375 SF

      200 Shippan Ave

      SHOW ROOM, WAREHOUSE
      200 Shippan Ave, Stamford, CT 06902-6013
      View Details
    • Value Estimation
      $15,265,000
      97,933 SF

      56 Top Gallant Rd

      SHOW ROOM, WAREHOUSE
      56 Top Gallant Rd, Stamford, CT 06902-7747
      View Details
    • Value Estimation
      $820,000
      3,768 SF

      925 Long Rdg Rd

      SHOW ROOM, WAREHOUSE
      925 Long Rdg Rd, Stamford, CT 06902-1104
      View Details
    • Value Estimation
      $2,830,000
      15,297 SF

      1120 Main St

      SHOW ROOM, WAREHOUSE
      1120 Main St, Stamford, CT 06902
      View Details
    • Value Estimation
      $2,550,000
      11,994 SF

      933 Main St

      SHOW ROOM, WAREHOUSE
      933 Main St, Stamford, CT 06902
      View Details
    • Value Estimation by Request
      1,744 SF

      751 Main St

      SHOW ROOM, WAREHOUSE
      751 Main St, Stamford, CT 06902-3806
      View Details

    Similar Nearby for Sale

    • $3,000,000

      Mixed-Use Property For Sale

      Two buildings on a .66 acre lot with income.
      11-15 Virgil St, Stamford, CT 06902
      View Details
    • $1,025,000
      3,756 SF

      Stamford Mixed-Use Commercial Building

      Mixed-use building with retail space and apartments in Stamford.
      63 Selleck St, Stamford, CT 06902
      View Details
    • $2,400,000
      4,305 SF

      1038 East Main Street

      Retail properties & Spaces
      1308 Main St, Stamford, CT 06902
      View Details
    • Contact for pricing
      920 SF

      New Garage with Storage Space

      New two-car garage with storage and additional parking.
      22 Schuyler Ave, Stamford, CT 06902
      View Details
    • $1,099,999
      8,454 SF

      Mixed-Use Redevelopment Opportunity

      Approved mixed-use project with apartments and retail spaces.
      859 East Main St, Bridgeport, CT 06902
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,509 SF

      Stamford Retail Space Available

      Retail spaces available in Stamford, ranging from 1,509 to 5,250 SF.
      119-121 Towne St, Stamford, CT 06902
      View Details
    • Contact for pricing
      2,200 SF

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      821 E Main St, Stamford, CT 06902
      View Details
    • Contact for pricing
      23,919 SF

      Retail Space in Harbor Point

      Prime retail space in a vibrant, amenity-rich waterfront community.
      100 Washington Blvd, Stamford, CT 06902
      View Details
    • Contact for pricing
      130,685 SF

      ShopRite Plaza Retail Space

      Stamford, CT retail space available. High-traffic location.
      2000 Main St, Stamford, CT 06902
      View Details
    • Contact for pricing
      5,000 SF

      Stamford Retail/Showroom/Warehouse Space Available

      5,000 SF retail/showroom/warehouse space with easy access to I-95.
      17-27 Harbor View Ave, Stamford, CT 06902
      View Details
    • Contact for pricing
      2,141 SF

      Harbor Point Retail Opportunity

      Freestanding building in mixed-use waterfront community with high visibility.
      699 Canal St, Stamford, CT 06902
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    53 Courtland Ave
    Stamford, CT 06902-3401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    53 Courtland Ave, Stamford, CT, 06902
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!