1825 Barnum AveStratford, CT 06614

Property Details for 1825 Barnum Ave

Year built

1987

Property size (Sq ft)

1,056 SF

Zone code

CA

Property type

Office properties

APN

STRA M:30-9 B:16 L:84 U:E

APU

STRAM309B16L84UE

Description

This exceptional 960-square-foot office suite is situated within a prominent Stratford, Connecticut medical office building at 1825 Barnum Ave, zip code 06614. Located in Fairfield County, this single-tenant space is part of a larger 25,000-square-foot building constructed in 1987 and zoned D-13. The suite boasts abundant natural light from its numerous windows and features one operatory, three private offices, a reception area, and a bathroom. Recent upgrades include new flooring and fresh paint, ensuring a modern and professional environment. The building offers convenient access to Interstate 95 via Exit 32 and ample on-site parking. An elevator provides easy access to all floors. This versatile space is ideal for a variety of professional uses, including medical, dental, general office, therapy, or counseling practices. The asking rent is $24.00 per square foot, or $1,920.00 per month. Currently, 960 square feet are available for lease.

• CAP approach

  CAP return

  Valuation

  6%

  $174,588

  6.5%

  $161,158

  7%

  $149,647

• Comparable approach

  Method

  Valuation

  Relative Method

  $137,977

  Geo Method

  $137,977

• Alternative Use

  Use

  Valuation

  Residential

  $199,836

  Hospitality

  $183,049

  Educational

  $152,295

  Medical

  $157,532

  Retail

  $236,903

Location Insight

City

Stratford

County

Fairfield

State

Connecticut

Latitude

41.1932

Longitude

-73.1449

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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