57 New Haven RdSeymour, CT 06483

Property Details for 57 New Haven Rd

Year built

1945

Construction

FRAME

Lot size

0.37 AC

Property size (Sq ft)

1,474 SF

Zone code

C2

Property type

Retail properties

Property subtype

Other retail properties

APN

SEYM M:8-1-2 L:17

APU

SEYMM812L17

Description

This 1,474 square foot vacant storefront at 57 New Haven Road, Seymour, CT 06483, presents a remarkable investment opportunity. Built in 1945 and recently renovated, this single-story, C2-zoned property sits on a 0.37-acre lot. The building features abundant natural light and a spacious showroom area ideal for showcasing large items, making it suitable for various retail uses, an auto dealership, or office space. The asking price is $465,000, translating to $315.47 per square foot. A key feature is a newly added $150,000 sliding sunroom, creating an inviting open-air area. The property benefits from a high traffic count of 14,000 cars per day. This turnkey operation is ready for immediate occupancy. The property's location in New Haven County provides excellent access to local amenities and a strong customer base. This is a rare chance to acquire a well-maintained, versatile commercial space in a thriving area. Don't miss this chance to own a piece of Seymour's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $358,233

  6.5%

  $330,677

  7%

  $307,057

• Comparable approach

  Method

  Valuation

  Relative Method

  $485,334

  Geo Method

  $485,334

• Alternative Use

  Use

  Valuation

  Residential

  $278,938

  Hospitality

  $255,506

  Educational

  $212,578

  Medical

  $219,889

  Retail

  $330,677

Location Insight

City

Seymour

County

New Haven

State

Connecticut

Latitude

41.3971

Longitude

-73.0599

CBSA code

35300

CBSA name

NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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