110 High Ridge RdStamford, CT 06905

  • Showrooms
  • 157,448 SF

Property Details for 110 High Ridge Rd

Year built
1969
Construction
STEEL FRAME
Lot size
12.38 AC
Property size (Sq ft)
157,448 SF
Zone code
MZN
Property type
Showrooms
APN
STAM M:000 B:0092
APU
STAMM000B0092

Description

This exceptional retail property, located at 110 High Ridge Road in Stamford, Connecticut, offers a prime leasing opportunity. The single, three-story building encompasses 159,582 square feet, situated on a generous 12.38-acre lot. Built in 1969 and renovated in 2016, the Class C property features seven suites, with a significant 83,000 square feet currently vacant. Spaces range from 3,049 square feet to the entire 159,582 square feet, offering flexibility for various retail concepts. The property boasts a 12-foot ceiling height, ample parking with 700 spaces, and elevators for convenient access. Its MZN zoning provides diverse development possibilities. The property is conveniently located near Long Ridge Road and features a minimum divisible space of 25,229 square feet and a maximum contiguous space of 159,582 square feet. This location provides excellent visibility and accessibility for businesses seeking a strong presence in the Stamford market. The property's size and features make it ideal for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $38,265,360
    6.5%
    $35,321,872
    7%
    $32,798,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $51,841,832
    Geo Method
    $51,841,832
  • Alternative Use

    Use
    Valuation
    Residential
    $29,795,320
    Hospitality
    $27,292,352
    Educational
    $22,706,918
    Medical
    $23,487,842
    Retail
    $35,321,872

Location Insight

City
Stamford
County
Fairfield
State
Connecticut
Latitude
41.0752
Longitude
-73.5505
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
$314,228
$10,539,180
$2,100,730
$12,639,910
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