Property profile

83 Federal Rd Brookfield, CT 06804

OFF-MARKET
Showrooms
Property ID
US15-0162303
1,964 SF 0.94 ac lot Built 1969
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a 500-square-foot retail convenience store configured for operation alongside a gas station, with space suitable for the sale of items such as prepared food and tobacco products; it includes five refrigerators for merchandising. The store setup supports retail uses commonly associated with convenience stores and is located on a busy street in Brookfield with an estimated traffic volume of 50,000 vehicles per month. The offering relates to the convenience store portion, and a repair shop is not included. The configuration is consistent with a leased retail operation and includes tenant responsibilities associated with a lease model where rent and allowances may vary based on gas pumped.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,964 SF
Lot 0.94 ac (40,946 SF)
Zoning code C-1
APN BROO M:D16 L:008
UPID US15-0162303

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop
  • Building Supply General Contractor
  • Gas Station

Location

83 Federal Rd Brookfield, CT 06804-2553
Brookfield metro Census 205300 BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$465k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2017
5 recorded transactions
2017
$480,000
2014
Price N/A
2012
Price N/A
2011
$1.3M
1991
$300,000

Zoning & alternative use

C-1 · Brookfield, CT
Zoning description

A. Regional Commercial (C-1) The purpose of the Regional Commercial (C-1) District is to allow for commercial and professional activities that have regional draw, especially the retail sale of goods and services. B. Neig…

General category COMMERCIAL

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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