Financial
Distress signals
Property profile

72 Park St 103 New Canaan, CT 06840

FOR LEASE
Office buildings
Property ID
US15-0650034
6,384 SF 0.2 ac lot Built 1953
Last sale Dec 2025 · $2,999,999
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional mixed-use property at 72 Park Street in New Canaan, Connecticut, presents a compelling investment opportunity. The 10,298 square foot building, constructed in 1950, is classified as Class B and features a desirable Traditional Office subtype within a Retail A zoning district. Currently housing fourteen tenants, many of whom have enjoyed long-term occupancy (20+ years), this building offers a stable income stream. The asking price is $3,600,000, translating to $349.58 per

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$47k
Tax billed · 2023
Assessed value$2.49M
Assessed land$1.29M
Assessed improvement$1.20M
Effective rate1.89%

Value estimate

· Sep 2026
$1.17M
$1.05M – $1.28M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$174/SF
County average, outlier-cleaned · 284 recorded sales of this use type
Observed band · Q1–Q3$100 – $257

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RETA
JurisdictionNEW CANAAN

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store9.4
Barber Shop9.3
Daycare Center9.2

Location

72 Park St, Unit 103 New Canaan, CT 06840
County assessor Recorded deeds · 2 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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
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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
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