128 Samson Rock DrMadison, CT 06443

  • Retail properties
  • 62,619 SF

Property Details for 128 Samson Rock Dr

Year built
2000
Lot size
5.89 AC
Property size (Sq ft)
62,619 SF
Zone code
DC
Property type
Retail properties
APN
MADI M:38 B:52
APU
MADIM38B52

Description

This exceptional retail opportunity is located inside a high-traffic Stop & Shop grocery store, offering unparalleled visibility and access to thousands of weekly customers. The 475 square foot space is ideally situated in a prime, front-of-store location, ensuring maximum customer interaction. This "Store-Within-A-Store" concept provides a range of benefits, including a fixed monthly fee encompassing real estate taxes, property insurance, common area maintenance, and utilities. The space allows for both interior and exterior branding and signage, maximizing exposure. The location boasts exceptional demographics within a thriving trade area in New Haven County, Connecticut. This is an all-inclusive lease perfect for businesses such as financial institutions, service businesses (packing and shipping, repair services, dry cleaning), health and wellness providers (optical, chiropractic, weight management), insurance agencies, or real estate offices. Prohibited uses include food and beverage services, restaurants, and smoke shops. This unique opportunity allows businesses to position themselves within one of the Northeast's most recognizable grocery store chains. The space is currently vacant and ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,218,603
    6.5%
    $14,047,941
    7%
    $13,044,517
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,618,132
    Geo Method
    $20,618,132
  • Alternative Use

    Use
    Valuation
    Residential
    $11,849,964
    Hospitality
    $10,854,503
    Educational
    $9,030,819
    Medical
    $9,341,403
    Retail
    $14,047,941

Location Insight

City
Madison
County
New Haven
State
Connecticut
Latitude
41.2778
Longitude
-72.5961
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, 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
$176,478
$1,583,200
$4,305,300
$5,888,500
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-
-
-

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