1427 Kings Hwy - Freestanding FOR SALE


Fairfield, CT 06824
$1,249,000 USD
203-335-6600
1427 Kings Hwy, Fairfield, CT for Sale
$1,249,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1427 Kings Hwy
Fairfield, CT 06824


HIGHLIGHTS

  • Approved for 18-unit, 4-story apartment building with 24 covered parking spaces on 0.31 acres.
  • Priced at $1,249,000 with strong demand for upscale housing in vibrant Black Rock.
  • Located in a Designed Commercial District (DCD) with 100% clear, level land.
  • Steps from bus stop, 0.2 mi to train station, and 0.6 mi to I-95—ideal for commuters
  • Surrounded by top amenities: Whole Foods, Home Depot, daycare, fitness clubs & more.

OVERVIEW

Angel Commercial, LLC, acting as the exclusive commercial real estate broker, is pleased to offer for sale 0.31 acres of prime development land at 1427 Kings Highway in Fairfield, Connecticut, for $1,249,000. Within a Designed Commercial District (DCD) Zone, the property provides 100% clear and level land with approved plans for a 21,054 SF four-story, 18-unit residential apartment building. Each of the top three floors will feature six 2-bedroom, 2-bathroom apartments, and the ground level will contain 24 on-site parking spaces. Two of the planned units will be deed-restricted for affordable housing, supporting the community’s commitment to housing diversity. Located at the signalized intersection of Kings Highway and Ash Creek Boulevard, the property offers excellent accessibility. It is just steps from a Greater Bridgeport Transit bus stop, 0.2 miles from the Fairfield Black Rock train station, and 0.6 miles from I-95 (Exit 24), making it highly convenient for commuters. The surrounding neighborhood is pedestrian-friendly and amenity-rich, with shopping, restaurants, and entertainment all within walking distance. Notable nearby establishments include Bright Horizons daycare, Whole Foods Market, The Home Depot, and The Edge Fitness Clubs—making it an ideal location for both families and professionals. The property is positioned within the vibrant Black Rock community, directly across the street from Stone Ridge Condominiums, a luxury 70-unit residential complex where a two-bedroom unit sold for $760,000 in June 2025. It is also located near Alto Fairfield Metro, a modern apartment development with rental prices ranging from $2,393 to $6,251 per month, underscoring the area’s strong demand for upscale housing. With its approved development plans, outstanding location, and proximity to essential services and transit, 1427 Kings Highway offers a rare and valuable opportunity for residential investment in one of Fairfield County’s most desirable neighborhoods. For more information, please contact Jon Angel, President, or Eva Kornreich, Vice President, Angel Commercial, LLC, at (203) 335-6600, Ext. 23.

FOR SALE DETAILS

PRICE

$1,249,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1427 Kings Highway, Fairfield, CT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

-

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

DCD

APN/PARCEL ID

FAIR-000080-000000-000057

ASK ABOUT THIS PROPERTY

Jon AngelAngel Commercial, LLCMore Info
203-335-6600

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Jon AngelAngel Commercial, LLCMore Info
203-335-6600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.