Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    71 Strawberry Hl Ave, Unit 115 Stamford, CT 06902-2757

    • Office Properties & Spaces
    • 725 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0189071
    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

    • Dr. Yong-Son Basta, MD / Pediatrician / Medical Clinic
    • Ostriker Glenn E MD / Ophthalmologist
    • Ostriker & Associates / Physician
    • Waldys best store online / Department Store / Grocery & Convenience Store
    • Dr. Hui E. Fang, MD / Physician

    Property Details for 71 Strawberry Hl Ave

    Year built
    1959
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    725 SF
    Zone code
    RH
    Property type
    Office Properties & Spaces
    APN
    STAM M:003 B:1660 U:115
    APU
    STAMM003B1660U115

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Stamford
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.5308
    Latitude
    41.0624
    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
    $3,491
    $0.00
    $138,330
    $138,330
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $18,105,000
      80,914 SF

      181 Hbr Dr Fl, Unit 2

      CONDOMINIUM OFFICES • 80,914 SF
      181 Hbr Dr Fl, Stamford, CT 06902-7498
      View Details
    • Value Estimation
      $2,825,000
      13,424 SF

      778 Long Rdg Rda

      CONDOMINIUM OFFICES • 13,424 SF
      778 Long Rdg Rda, Stamford, CT 06902-1265
      View Details
    • Value Estimation by Request
      1,111 SF

      44 Strawberry Hl Ave Ste, Unit 9

      CONDOMINIUM OFFICES • 1,111 SF
      44 Strawberry Hl Ave Ste, Stamford, CT 06902-2632
      View Details
    • Value Estimation by Request
      520 SF

      1 Strawberry Hl Ct Ste L6

      CONDOMINIUM OFFICES • 520 SF
      1 Strawberry Hl Ct Ste L6, Stamford, CT 06902-2532
      View Details
    • Value Estimation by Request
      2,100 SF

      125 Strawberry Hl Ave Ste, Unit 202

      CONDOMINIUM OFFICES • 2,100 SF
      125 Strawberry Hl Ave Ste, Stamford, CT 06902-2536
      View Details
    • Value Estimation by Request
      735 SF

      125 Strawberry Hl Ave Ste, Unit 304

      CONDOMINIUM OFFICES • 735 SF
      125 Strawberry Hl Ave Ste, Stamford, CT 06902-2536
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      22,152 SF

      Stamford Industrial Property: 22,152 SF

      Prime Stamford location, flexible industrial space.
      40 Warshaw Pl, Stamford, CT 06902
      View Details
    • $3,100,000

      Stamford Specialty Property For Sale

      Specialty property available for purchase in Stamford, Connecticut.
      22 Ocean Dr N, Stamford, CT 06902
      View Details
    • $1,300,000

      Stamford Four-Family Investment Opportunity

      Four 2-bedroom units near Stamford Hospital and downtown.
      108 Virgil St, Stamford, CT 06902
      View Details
    • $2,499,000
      5,760 SF

      New Stamford Multifamily Investment Opportunity

      New construction multifamily property near Stamford Train Station.
      281 Greenwich Ave, Stamford, CT 06902
      View Details
    • $925,000

      Stamford Multifamily Property for Sale

      Multifamily property in Stamford, CT, available for purchase.
      117 Maple Ave, Stamford, CT 06902
      View Details
    • $215,000

      Stamford Co-op Near Downtown

      Spacious 2-bedroom co-op near Stamford's downtown area.
      54 North St St, Stamford, CT 06902
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      780,000 SF

      Shippan Landing Executive Suites

      Stamford, CT waterfront office space
      181-290 Harbor Dr, Stamford, CT 06902
      View Details
    • Contact for pricing
      1,650 SF

      Stamford Executive Office Suite

      Prime Downtown Stamford Office Space
      1 Dock St, Stamford, CT 06902
      View Details
    • Contact for pricing
      54,033 SF

      Stamford Office Space: Canal Street

      Class A Office, 28,113 SF Available
      711 Canal St, Stamford, CT 06902
      View Details
    • Contact for pricing
      13,286 SF

      Stamford Executive Office Suite

      Prime Stamford Office, 13,286 SF Available
      0 1 Hbr Pt, Stamford, CT 06902
      View Details
    • Contact for pricing

      Class A Office Building

      Four-story office building in Harbor Plaza Complex overlooking the harbor.
      208 Harbor Dr, Stamford, CT 06902
      View Details
    • $55 SF/Yr
      5,400 SF

      Boutique Office Space in Stamford

      South End office space with exposed brick and hardwood floors.
      484 Pacific 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.
    71 Strawberry Hl Ave, Unit 115
    Stamford, CT 06902-2757
    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

    Google sign-in failed. Please try again or use another login method.