Property profile

81 Elm St New Canaan, CT 06840

OFF-MARKET
Turn key restaurants
Property ID
US15-0430785
2,871 SF 0.08 ac lot Built 1964
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,871 SF
Lot 0.08 ac (3,485 SF)
Zoning code RETA
APN NCAN M:000T B:043 L:00835
UPID US15-0430785

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
  • Restaurant
  • Church

Location

81 Elm St New Canaan, CT 06840-5405
New Canaan metro Census 35102 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
$628k
Blend (final) Blend
$520k

Owner & transaction history

since 2008
3 recorded transactions
2024
Price N/A
2008
$1
1989
Price N/A

Zoning & alternative use

RETA · New Canaan, 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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