430 Tunxis Hill RdFairfield, CT 06825

Property Details for 430 Tunxis Hill Rd

Year built

1991

Construction

STEEL FRAME

Lot size

0.55 AC

Property size (Sq ft)

34,368 SF

Zone code

DCD

Property type

Other commercial real estate

Property subtype

Showrooms

APN

FAIR M:42 B:234

APU

FAIRM42B234

Description

This vacant, 43,824-square-foot flex space at 430 Tunxis Hill Road in Fairfield, CT, presents a significant redevelopment opportunity. The two-story, 1991-built building sits on a 0.55-acre lot in the Neighborhood Designed Business District (NDBD) Zone, offering 200 linear feet of frontage on Route 58, plus additional frontage and access on two side streets. The property boasts a 9,456-square-foot garage with 25 parking spaces and a 5,152-square-foot auto service center on the first floor. Upper levels provide 29,216 square feet of showroom space, complemented by an employee lounge, conference room, restrooms, and rooftop parking. Building amenities include 25 exterior vehicle display spaces, passenger and freight elevators, a wet sprinkler system, fiber optics, and two new Trane HVAC units. The asking price is $6,720,000 ($153.34/sq ft). Its strategic location less than two miles from Fairfield University, near I-95, the Fairfield Metro Train Station, and a Greater Bridgeport Transit Bus Stop, provides exceptional access and visibility. Nearby businesses include TJ Maxx, Stop & Shop, Aldi, and Floor & Decor. This property is part of a larger portfolio but is available for sale individually. The zoning allows for potential redevelopment into retail, mixed-use, or residential projects, subject to approval. This presents a rare chance to acquire prime real estate with substantial redevelopment potential in a thriving Connecticut location. The ceiling height is 10 feet.

• CAP approach

  CAP return

  Valuation

  6%

  $8,352,624

  6.5%

  $7,710,114

  7%

  $7,159,392

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,316,118

  Geo Method

  $11,316,118

• Alternative Use

  Use

  Valuation

  Residential

  $6,503,770

  Hospitality

  $5,957,418

  Educational

  $4,956,502

  Medical

  $5,126,964

  Retail

  $7,710,114

Location Insight

City

Fairfield

County

Fairfield

State

Connecticut

Latitude

41.177

Longitude

-73.2307

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].