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Investment Highlights

  • Owner Occupied

Executive Summary

Property can be delivered vacant.
Exodus Capital is pleased to offer a two-story turnkey, industrial opportunity to
market in Stamford, Connecticut. The building is zoned MG and sits on .12 acreage. The asset is currently 3 tenants – 2 of which are occupied with the ability to be delivered vacant and a vacant office. There are 3 drive-in garage bays. The opportunity is ideal for an owner operator or an investor who will stabilize at nearly an 8% return.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $83,076 $14.47
Other Income $27,012 $4.70
Vacancy Loss $5,500 $0.96
Effective Gross Income $104,588 $18.21
Taxes $17,683 $3.08
Operating Expenses $10,767 $1.88
Total Expenses $28,450 $4.95
Net Operating Income $76,138 $13.26

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $83,076
Annual Per SF $14.47
Other Income
Annual $27,012
Annual Per SF $4.70
Vacancy Loss
Annual $5,500
Annual Per SF $0.96
Effective Gross Income
Annual $104,588
Annual Per SF $18.21
Taxes
Annual $17,683
Annual Per SF $3.08
Operating Expenses
Annual $10,767
Annual Per SF $1.88
Total Expenses
Annual $28,450
Annual Per SF $4.95
Net Operating Income
Annual $76,138
Annual Per SF $13.26

Property Facts

Price $1,425,000
Price Per SF $248.17
Sale Type Investment or Owner User
Sale Condition High Vacancy Property
Property Type
Flex
  • Flex Light Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.12 AC
Rentable Building Area 5,742 SF
No. Stories 2
Year Built 2007
Parking Ratio 1.22/1,000 SF
Zoning MG - MG-zoned turnkey industrial/retail property with income, highway access, and expansion potential for added tenants. Retail, Any Skilled Trade

Amenities

  • 24 Hour Access
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
STAM-000002-000000-004912
Land Assessment
$270,590
Improvements Assessment
$475,930
Total Assessment
$746,520
Annual Taxes
$17,683 ($3.08/SF)
Tax Year
2025
  • Listing ID: 41268376

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 23 Ryan St, Stamford, CT 06907

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