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Property profile & analytics
OFF-MARKET Estimated value $1,225,000
Retail space

79 Costello Rd Newington, CT 06111-5109

24,654 SF 3.6 ac lot Built 1964
Individually Owned 31-yr Hold Free & Clear
Property ID
US15-0608708
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Construction CONCRETE
Total area 24,654 SF
Lot 3.6 ac (156,816 SF)
Zoning code PD
APN NEWI M:32 B:19 L:0
UPID US15-0608708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Footprints Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Footprints Shoes & Accessories Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$735k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$1.23M
Owner & transaction history
Footprints Fashion · 31 yrs held
Footprints Fashion
since 1995
4 recorded transactions
2012
Price N/A
1995
Price N/A
1995
$462,500
1995
Price N/A
Zoning & alternative use
PD · Newington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Business (PD) and Industrial (I) zones, to encourage transit-oriented development of parcels on Cedar Street, Fenn Road, and streets adjacent to Fenn Road that are generally within walking distance of the CTfastrak station on Myra Cohen Way. B. The use of land, buildings and other structures within the TOD Overlay District shall be established and conducted…

Zone name Planned Development
General category PLANNED_DEVELOPMENT
Zone area 873.60 ac
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