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    Property profile & analytics

    88 Park St New Canaan, CT 06840-5401

    • Turn key restaurants
    • 1,252 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 18, 2025
    Location Intelligence
    Property ID
    US15-0680619
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Playground Turf Factory Outlet New Canaan / Playground Equipment Supplier
    • Starbucks / Cafe / Coffee Store

    Property Details for 88 Park St

    Year built
    1980
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.16 lot acres
    Property size
    1,252 SF
    Zone code
    RETA
    Property type
    Turn key restaurants
    APN
    NCAN M:000T B:044 L:00912
    APU
    NCANM000TB044L00912

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Canaan
    County
    Fairfield
    State
    Connecticut
    Longitude
    -73.4951
    Latitude
    41.1464
    CBSA code
    14860
    CBSA name
    BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,094
    $1,061,690
    $316,050
    $1,377,740
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      RESTAURANT • 5,081 SF
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      1,152 SF

      98 Elm St

      RESTAURANT • 1,152 SF
      98 Elm St, New Canaan, CT 06840-5406
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      $515,000
      750 SF

      15 Elm St

      RESTAURANT • 750 SF
      15 Elm St, New Canaan, CT 06840-5502
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      2,754 SF

      75 Elm St

      RESTAURANT • 2,754 SF
      75 Elm St, New Canaan, CT 06840
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      928 SF

      155 Elm St

      RESTAURANT • 928 SF
      155 Elm St, New Canaan, CT 06840-5405
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    • Value Estimation by Request
      2,871 SF

      81 Elm St

      RESTAURANT • 2,871 SF
      81 Elm St, New Canaan, CT 06840-5405
      View Details

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      Modern Condo in Prime Location

      Updated condo with modern amenities, close to shopping and transportation.
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    Similar Nearby for Lease

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      Prime location, single-tenant office condo.
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      935 SF retail space in the heart of New Canaan.
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    • $2,000 /Mo
      888 SF

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      Bright, open space suitable for office or retail use.
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    • $39 SF/Yr
      1,604 SF

      Prime Retail Space in New Canaan

      Desirable retail space in New Canaan's 'Golden Triangle'.
      70 Main St, New Canaan, CT 06840
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      2,200 SF

      Downtown New Canaan Office/Retail Space

      Prime location, two spaces available, immediate occupancy.
      80 Main St, New Canaan, CT 06840
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    • Contact for pricing
      1,300 SF

      Downtown New Canaan Office Suites

      Office suites in central New Canaan location near train station.
      3-11 Forest St, New Canaan, CT 06840
      View Details

    Property Visit Statistics

    • Visits by month
      11.7k
    • Visitors by month
      6.3k
    • Avg Time on site
      12 min
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    88 Park St
    New Canaan, CT 06840-5401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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