1150 Bedford StStamford, CT 06905

  • Other commercial real estate
  • 2,109 SF
For Lease
$207.36/SF/YR View listing

Property Details for 1150 Bedford St

Year built
1900
Construction
FRAME
Lot size
0.09 AC
Property size (Sq ft)
2,109 SF
Zone code
MXD
Property type
Other commercial real estate
Property subtype
Showrooms
APN
STAM M:004 B:2656
APU
STAMM004B2656

Description

This exceptional executive office building, located at 1150 Bedford Street in Stamford, Connecticut, presents a unique investment opportunity. The property encompasses a total of 3,403 square feet, currently entirely vacant, offering immediate occupancy. The building, constructed in 1900, is a two-story structure with an 8-foot ceiling height and features a total of six parking spaces on a 0.9-acre lot. Its prime location in Fairfield County's Stamford submarket places it within the heart of the city's busiest traffic zones, offering excellent visibility and accessibility. The property benefits from its proximity to the courthouse, various retail establishments, medical facilities, hotels, and public transportation, catering to a diverse clientele ranging from students to senior citizens. Convenient access to major highways and public transportation further enhances its appeal. The building is zoned NXD, a highly desirable designation. This mixed-use property offers significant potential for a variety of businesses seeking a prominent Stamford address. The entire 3,403 square feet is available for lease. There are no elevators in the building. The electrical service is 200 amps.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $512,561
    6.5%
    $473,133
    7%
    $439,338
  • Comparable approach

    Method
    Valuation
    Relative Method
    $694,416
    Geo Method
    $694,416
  • Alternative Use

    Use
    Valuation
    Residential
    $399,105
    Hospitality
    $365,578
    Educational
    $304,157
    Medical
    $314,617
    Retail
    $473,133
1150 Bedford St, Stamford, Connecticut

Location Insight

City
Stamford
County
Fairfield
State
Connecticut
Latitude
41.0623
Longitude
-73.5394
CBSA code
14860
CBSA name
BRIDGEPORT-STAMFORD-NORWALK, 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
$13,805
$299,080
$247,860
$546,940
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-
-
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