203-343-8752
350 Monroe Tpke, Monroe, CT for Sale
Commercial LAND - FOR SALE
1/8
91,040 SF

350 Monroe Tpke
Monroe, CT 06468


HIGHLIGHTS

  • High-visibility frontage (300') on Route 111 (PM Side) Monroe's primary commercial corridor with strong daily traffic counts
  • Development Ready: (.25 FAR) 22,760 SF w/ Max Height 35 feet /2.5 stories w/ 2,400 SF Min Floor Area
  • Level terrain (2° slope) requiring no grading; outside flood zone (SFHA) exceeds LOR 1.5-acre minimum lot requirement
  • LOR District permits: General Retail (SDP), Restaurants (SDP), Offices (SDP), Banks (SDP), Mixed-Use Development (SDP), Personal Services (SDP), Medic
  • Affluent Demographics: Fairfield County location with high household income levels and strong consumer spending

OVERVIEW

EAC Properties LLC, as exclusive broker, is pleased to present this exceptional 2.09-acre commercial development opportunity strategically positioned along the high-traffic Route 111 corridor in Monroe, Connecticut. This prime parcel, zoned Limited Office Retail District (LOR), offers immediate development potential for office, retail, or mixed-use projects within Fairfield County's affluent suburban market. The LOR zone serves as a transitional district designed to accommodate a balanced mix of office and retail uses while maintaining quality site design standards. The property benefits from excellent visibility, strong traffic counts, and proximity to established retail centers along Monroe Turnpike. PRIME COMMERCIAL DEVELOPMENT LAND • Prime Location: High-visibility frontage on Route 111 (PM Side) – Monroe's primary commercial corridor with strong daily traffic counts • Development Ready: (.25 FAR) 22,760 SF w/ Max Height 35 feet /2.5 stories w/ 2,400 SF Min Floor Area. • Building Suitability Score of 82/100 – Level terrain (2° slope) requiring no grading; outside flood zone (SFHA); exceeds LOR 1.5- acre minimum lot requirement • Utilities: Septic / Well • Flexible Zoning: LOR District permits: General Retail (SDP), Restaurants (SDP), Offices (SDP), Banks (SDP), Mixed-Use Development (SDP), Personal Services (SDP), Medical Clinics(SDP) • Strong Market Fundamentals: Retail rents $18-40/SF/year in corridor; 82%+ occupancy rates at comparable centers • Maximally Productive: Retail/commercial development maximizes land value with potential $3.3M+ residual • Potential Annual Rent: $455,200 (at $20/SF) est. NOI 65% margin:$266,293/year o Stabilized Value (7% Cap) $3,804,188

FOR SALE DETAILS

PRICE

Request Info for Price

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail

LAND ACRES

2.09 AC

LAND SF

91,040 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity

ZONING

LOR

APN/PARCEL ID

MONR-000022-000011,MONR-000022-000012

ASK ABOUT THIS PROPERTY

Andreas SenieEAC PropertiesMore Info
203-343-8752

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Andreas SenieEAC PropertiesMore Info
203-343-8752

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