127 Cedar StBranford, CT 06405

Property Details for 127 Cedar St

Year built

1954

Construction

FRAME

Lot size

0.33 AC

Property size (Sq ft)

1,503 SF

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BRAN M:D06-000 B:005 L:00011

APU

BRANMD06000B005L00011

Description

This 2,102 square foot commercial building is ideally situated at 127 Cedar Street in Branford, Connecticut, offering exceptional visibility and accessibility. Located directly off I-95 exit 54, this property benefits from approximately 30,000 cars passing daily, ensuring high exposure for your business. The 0.33-acre lot provides ample parking for 12-14 vehicles. The building's versatile layout is suitable for a wide range of uses, including home-based businesses, professional offices, salons, medical or dental practices, therapist offices, and auto-related businesses. Its zoning designation is BL. The property presents a significant opportunity for entrepreneurs and established businesses seeking a prime location with high traffic volume and convenient access to major transportation routes. The building's size and parking capacity offer flexibility for various business needs, making it an attractive investment in a thriving Connecticut community. This property is priced at $398,500 and offers a unique blend of location, accessibility, and versatility. Don't miss this chance to establish your business in a high-traffic area with excellent visibility.

• CAP approach

  CAP return

  Valuation

  6%

  $365,281

  6.5%

  $337,183

  7%

  $313,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $494,883

  Geo Method

  $494,883

• Alternative Use

  Use

  Valuation

  Residential

  $284,426

  Hospitality

  $260,533

  Educational

  $216,760

  Medical

  $224,215

  Retail

  $337,183

Location Insight

City

Branford

County

New Haven

State

Connecticut

Latitude

41.2866

Longitude

-72.8183

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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