1335 Hope StStamford, CT 06907

Property Details for 1335 Hope St

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.20 AC

Property size (Sq ft)

1,630 SF

Zone code

RM1

Property type

Showrooms

APN

STAM M:000 B:9424

APU

STAMM000B9424

Description

This exceptional Stamford, CT industrial space, located at 1335 Hope St, zip code 06907, offers 2 drive-in bays and additional storage. Situated on a high-traffic corner lot on Hope Street, near several residential neighborhoods, this property benefits from its proximity to CT-15, boasting a daily traffic count of 33,000 vehicles. Currently housed within a well-known gas station, this warehouse space is in excellent condition and is perfectly suited for a variety of automotive-related businesses, including auto repair, paint protection film (PPF) installation, car wrapping, and window tinting. The monthly rent is $6000, plus utilities. The property's convenient location and high visibility make it an attractive opportunity for entrepreneurs seeking a well-established space to launch or expand their business. This single-tenancy warehouse is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $396,147

  6.5%

  $365,674

  7%

  $339,554

• Comparable approach

  Method

  Valuation

  Relative Method

  $536,699

  Geo Method

  $536,699

• Alternative Use

  Use

  Valuation

  Residential

  $308,460

  Hospitality

  $282,547

  Educational

  $235,076

  Medical

  $243,161

  Retail

  $365,674

Location Insight

City

Stamford

County

Fairfield

State

Connecticut

Latitude

41.1029

Longitude

-73.516

CBSA code

14860

CBSA name

BRIDGEPORT-STAMFORD-NORWALK, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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