94 Old State RdBrookfield, CT 06804

Property Details for 94 Old State Rd

Year built

1999

Construction

STEEL FRAME

Lot size

0.50 AC

Property size (Sq ft)

4,476 SF

Zone code

C-1

Property type

Other commercial real estate

Property subtype

Showrooms

APN

BROO M:D15 L:014

APU

BROOMD15L014

Description

This exceptional 8,952-square-foot freestanding commercial building, located at 94 Old State Rd in Brookfield, Connecticut (zip code 06804), presents a unique investment opportunity. Built in 1999, this single-tenant property sits on a half-acre lot (0.5 acres) and is zoned C-1 (commercial) within Fairfield County. The building boasts ample power with 400-amp, 3-phase service. Currently vacant, the property offers significant potential for a variety of uses. Previous occupants utilized the space as a daycare and aquatic center, highlighting its adaptability. The interior features three large classrooms, a full kitchen, six bathrooms, two locker rooms, an elevator, and a multi-purpose room. This versatile layout lends itself to diverse businesses, including but not limited to daycare centers, schools, fitness centers, retail establishments, personal service businesses, offices, research laboratories, assembly operations, wholesale businesses, warehouses, and distribution centers. The property enjoys convenient access to Route 7 and I-84, ensuring excellent visibility and accessibility for both employees and customers. This well-maintained building represents a rare opportunity to acquire a substantial commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,087,824

  6.5%

  $1,004,145

  7%

  $932,421

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,473,782

  Geo Method

  $1,473,782

• Alternative Use

  Use

  Valuation

  Residential

  $847,034

  Hospitality

  $775,879

  Educational

  $645,522

  Medical

  $667,723

  Retail

  $1,004,145

Location Insight

City

Brookfield

County

Fairfield

State

Connecticut

Latitude

41.4389

Longitude

-73.4058

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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