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11-15 Virgil Street 15 Virgil St 9,462 SF 100% Leased Retail Building Stamford, CT 06902 $3,000,000 ($317.06/SF) 6% Cap Rate
Investment Highlights
- West Side High Traffic Location
- Clear span in warehouse
- Development opportunity
Executive Summary
Development opportunity. 2 buildings, one lot. Main building is approximately 9500 sq ft retail/flex owner occupied by historic retail trade company. Has 3 over head doors, concrete slab, retail showroom, machine service warehouse. Smaller building is approximately 1350 sq ft occupied by salon with 6 years remaining. Tenant pays $3200/month with 2.5% annual increases. Lot is.66 acre. Ample parking. Fully fenced, level lot.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,462 SF
Building Class
C
Year Built
1948
Price
$3,000,000
Price Per SF
$317.06
Cap Rate
6%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.66 AC
Opportunity Zone
Yes
Zoning
R-5 - R-5 zoning is for Medium-High Density Multiple-Family Residential
Parking
4 Spaces (0.42 Spaces per 1,000 SF Leased)
Frontage
73’ on Virgil St
Amenities
- 24 Hour Access
- Fenced Lot
- Air Conditioning
Walk Score®
Very Walkable (86)
Nearby Major Retailers
Property Taxes
| Parcel Number | STAM-000003-000000-007649 | Improvements Assessment | $508,550 (2025) |
| Land Assessment | $778,290 (2025) | Total Assessment | $1,286,840 (2025) |
Property Taxes
Parcel Number
STAM-000003-000000-007649
Land Assessment
$778,290 (2025)
Improvements Assessment
$508,550 (2025)
Total Assessment
$1,286,840 (2025)
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11-15 Virgil Street | 15 Virgil St
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