Property profile

76 Stafford Rd Stafford Springs, CT 06076

OFF-MARKET
Investment properties
Property ID
US15-0729647
1.07 ac lot
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Stafford, CT commercial property presents a unique investment opportunity. Located at 76 W Stafford Road, this 5,895 square foot building sits on a 1.07-acre lot and boasts a thriving, established auto sales and service business complete with a dealership license. The business is currently operational and includes all machinery and materials. The property's prime location offers high visibility and foot traffic, situated next to Stafford Savings Bank and Walgreens, and across from a veterinary hospital. It benefits from proximity to numerous national chains including McDonald's, Subway, Advance Auto Parts, Dunkin' Donuts, O'Reilly Auto Parts, Family Dollar, Aubuchon Hardware, Dollar General, and Tractor Supply. Adding to the investment potential, the property also includes five one-bedroom apartments. Four are currently rented, generating an average monthly rental income of $800 per unit, with one unit vacant. This presents an immediate opportunity for increased revenue. The property is being sold "as is," with all existing business equipment and apartments included in the sale. The asking price for this combined commercial and residential property is $425,000. This is a rare chance to acquire a profitable, established business with significant rental income potential in a high-traffic location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 1.07 ac (46,609 SF)
Zoning code IN
APN STAF M:47 L:022
UPID US15-0729647

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
  • Car Dealership

Location

76 Stafford Rd Stafford Springs, CT 06076-1067
Stafford Springs metro Census 890202 HARTFORD-WEST HARTFORD-EAST HARTFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2015
Price N/A
2010
$1

Zoning & alternative use

IN · Stafford Springs, CT

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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