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    570 Success Ave, Unit 566 Stratford, CT 06614

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    570 Success Ave, Unit 566 Stratford, CT 06614

    View on Map
    • Super regional malls
    • 13,098 SF
    • 1.47 lot acres
    For Lease
    $1,400/Mo
    View Listing →
    Corner Retail/Office Space Available For Lease
    $1,400/Mo
    400 SF

    Corner Retail/Office Space Available

    Small corner retail or office space for rent.

    570 success Avenue #566, Stratford, CT 6614
    View Listing
    Property ID
    US15-0740067
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super regional malls

    Property Details for 570 Success Ave

    Year built
    1972
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.47 lot acres
    Property size
    13,098 SF
    Zone code
    CA
    Property type
    Super regional malls
    Property subtype
    Shopping centers
    APN
    STRA M:20-11 B:9 L:25
    APU
    STRAM2011B9L25

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Stratford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.1559
    Latitude
    41.2009
    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
    $29,544
    $266,140
    $468,790
    $734,930
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation
      $790,000
      30,154 SF

      2875 Main St

      REGIONAL SHOPPING CENTER, MALL • 30,154 SF
      2875 Main St, Stratford, CT 06614-4979
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      8,520 SF

      3351 Main St

      REGIONAL SHOPPING CENTER, MALL • 8,520 SF
      3351 Main St, Stratford, CT 06614
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      13,264 SF

      23 Stonybrook Rd

      REGIONAL SHOPPING CENTER, MALL • 13,264 SF
      23 Stonybrook Rd, Stratford, CT 06614
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      8,567 SF

      3563 Main St

      REGIONAL SHOPPING CENTER, MALL • 8,567 SF
      3563 Main St, Stratford, CT 06614-4103
      View Details
    • Value Estimation by Request
      5,999 SF

      817 Success Ave

      REGIONAL SHOPPING CENTER, MALL • 5,999 SF
      817 Success Ave, Stratford, CT 06614-3731
      View Details

    Similar Nearby for Sale

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      High-Visibility Shopping Center For Sale

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      60,780 SF

      Stratford Shopping Center for Sale

      60,780 SF shopping center on 8.53 acres.
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    • $450,000
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      Free-Standing Commercial Building For Sale

      Commercial building in high-traffic location, ideal for business uses.
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      11,440 SF

      Stratford Retail Building For Sale

      11,440 SF retail building in Stratford's commercial corridor.
      3680 Main St, Stratford, CT 06614
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    • $450,000
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      Free-Standing Commercial Building in Stratford

      Highly visible commercial building with ample parking in Stratford, CT.
      755 Barnum Avenue Cutoff, Stratford, CT 06614
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    • $1,550,000

      Stratford Retail Building on Main

      11,440 SF retail building in Stratford's commercial corridor.
      3680 Main St, Stratford, CT 06614
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    Similar Nearby for Lease

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      19,374 SF

      Retail Space Near I-95

      Retail space with high visibility and easy highway access.
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      4,500 SF

      Retail Space in Stratford Center

      Retail spaces available in shopping center with high traffic.
      225 Hawley Ln, Stratford, CT 06614
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      1,380 SF

      Retail Space Near I-95

      Retail space with high visibility and easy highway access.
      411 Barnum Avenue Cutoff, Stratford, CT 06614
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for lease with high traffic volume.
      355 Hawley Ln, Stratford, CT 06614
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    • Contact for pricing

      Highly Trafficked Shopping Center Space

      Retail space in a highly visible, high-traffic shopping center.
      7365 Main St, Stratford, CT 06614
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    • Contact for pricing

      Visible Retail Space in Stratford

      Highly visible retail space at a major Stratford junction.
      955 Ferry Blvd, Stratford, CT 06614
      View Details
    View Listing
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    570 Success Ave, Unit 566
    Stratford, CT 06614
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    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
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