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Property profile & analytics
OFF-MARKET
Commercial land

8 Old 79 Madison, CT 06443

2,283 SF 1.02 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US15-0248542
Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1974
Construction WOOD FRAME
Total area 2,283 SF
Lot 1.02 ac (44,432 SF)
Zoning code R-1
APN MADI M:48 B:53
UPID US15-0248542
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CK BUILDERS LLC
CK BUILDERS LLC
Zoning & alternative use
R-1 · Madison, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

4.0: RESIDENCE DISTRICTS (R-1, R-2, R-3, R-4, R-5) (Formerly §3) 4.1: PURPOSE The purpose of this district is to set aside and protect areas to be used primarily for single family dwellings. It is intended that all uses permitted in this district be compatible with single family development and consistent with local street characteristics, the use and protec…

Zone name Residence District 40000 Square Feet
General category RESIDENTIAL
Zone area 2,515.69 ac
Source Regulations | Madison, CT
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