86 Bradley Rd Madison, CT 06443
- Showrooms
- 2,852 SF
- 0.23 lot acres
Current Use by Public Records
- Amanda Ciampini / Nurse Practitioner / Registered General Nurse
- Waterstone Counseling Center / Psychologist / Psychotherapist
- Dr. Thomas Abbenante / Internist / Family Practice Physician
- Thomas Joseph Abbenante / Family Practice Physician
- Waterstone Counseling Centers, LLC / Counselor
Property Details for 86 Bradley Rd
- Year built
- 1990
- Construction
- FRAME
- Lot size
- 0.23 lot acres
- Property size
- 2,852 SF
- Zone code
- D
- Property type
- Showrooms
- APN
- MADI M:38 B:81
- APU
- MADIM38B81
Description
This exceptional 2,852 square foot commercial property at 86 Bradley Road, Madison, CT, presents a unique investment opportunity. Currently configured as office space, this 0.23-acre lot offers significant potential for conversion into a mixed-use building, a residential property, or a lucrative two-unit multi-family dwelling. Its strategic location within a thriving commercial district provides immediate access to a high volume of foot traffic and convenient proximity to major transportation arteries. Situated less than half a mile from I-95, this property ensures effortless commuting for both residents and employees. Furthermore, its enviable position directly across from the Shoreline East Train Station and Ring's End offers unparalleled convenience and accessibility. The exclusivity of the neighborhood, combined with the property's versatility and prime location, promises substantial appreciation for investors and owner-occupants alike. This is a rare chance to acquire a property with exceptional upside potential in a highly desirable area of Madison, Connecticut. The building's current configuration as office space provides a solid foundation for immediate income generation or a seamless transition into a new use. Don't miss this opportunity to own a piece of Madison's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $735,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $765,000
- 6.5%
- $785,000
- 7%
- $710,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $710,000
- Geo Method
- $805,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $750,000
- Retail
- $580,000
- Mixed-Use
- $780,000
- Hospitality
- $680,000
- Educational
- $785,000
- Residential Income
- $790,000
- Energy
- $670,000
- Income-Based Land
- $770,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Madison
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.5975
- Latitude
- 41.2824
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
