Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3074 Whitney Ave Hamden, CT 06518

    Sponsored
    For Lease
    $575 /Mo ($21 SF/Yr)

    Commercial For Lease - Hamden, CT

    Property size:
    325 SF
    Lot size:
    1.65 Acres
    Days on Market:
    333
    Last Refresh:
    Jan 20 at 4:06 am

    Property Features for 3074 Whitney Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T4
    APN
    1144215
    Size
    325 SF
    Lot size
    1.65 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Roof type
    Tar/Gravel
    Architectural style
    Other

    We can help!

    Listing Contact
    Renee Stevens

    Press/Cuozzo Realtors 203-288-1900x123 [email protected]

    Listing agent Renee Stevens (203) 288-1900

    Listing date Feb 22, 2025

    MLS# 170618720 Listing URL

    Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hamden Commercial Space For Lease

    This commercial property, located in Hamden, CT, features well-maintained office space in the desirable Mt. Carmel area. Constructed in 1969 and updated since, the property includes ample parking and on-site management. Conveniently situated near I-91 and the Merritt Parkway, the property consists of three 2-story buildings on a 1.65-acre lot. City gas, water, and sewer services are available. Building 1, Floor 2 offers a 325 square foot single room available for lease at $575.00, which includes utilities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hamden Regional Chamber ... Chamber Of Commerce shari j switko ... Attorney Whitaker Paul E Attorney Sharkey J Brendan Attorney Quinnitiac Psychology Psychologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9004289
    Latitude
    41.4069625

    Nearby Similar for Lease

    • $10,000 /Mo
      5,187 SF

      Renovated Commercial Space in Hamden

      5,187 SF renovated commercial space available for immediate occupancy.
      2259 State St, Hamden, CT 06517
      View Details
    • $500 /Mo
      16,000 SF

      Historic Bank Building Office Spaces

      Dynamic office spaces in a prestigious, upgraded historic bank building.
      1 Circular Ave, Hamden, CT 06514
      View Details
    • $16 SF/Yr
      3,200 SF

      Prime Hamden Office/Retail Space

      3200 SF office/retail space in high-traffic Hamden location.
      2340 Whitney Ave, Hamden, CT 06518
      View Details
    • $14 SF/Yr
      1,720 SF

      Hamden Office Space For Lease

      Well-designed office suite with private entrance and ample parking.
      10 Broadway, Hamden, CT 06518
      View Details
    • $16 SF/Yr
      2,560 SF

      Prime Hamden Commercial Space Available

      High-traffic Hamden location, ideal for office or retail use.
      2340 Whitney Ave, Hamden, CT 06518
      View Details
    • New
      $2,200 /Mo
      1,621 SF

      Hamden Office Space For Lease

      Office space in Hamden with parking and modification options.
      3848 Whitney Ave, Hamden, CT 06518
      View Details
    • $2,200 /Mo
      11,800 SF

      Retail/Office Space in Hamden, CT

      850 SF retail/office space in high-traffic Hamden location.
      2348 Whitney Ave, Hamden, CT 06518
      View Details
    • $25 SF/Yr
      3,000 SF

      Prime Retail Space in Hamden

      Retail space for lease on a busy commercial corridor.
      2415 Dixwell Ave, Hamden, CT 06514
      View Details
    • $650 /Mo
      53,143 SF

      Professional Office Building in Hamden

      Individual offices for lease in a professional building, great location.
      2285 Whitney Ave, Hamden, CT 06518
      View Details
    • $600 /Mo
      53,143 SF

      Professional Office Building in Hamden

      Individual offices for lease in a professional building, great location.
      2285 Whitney Ave, Hamden, CT 06518
      View Details
    • $550 /Mo
      53,143 SF

      Professional Office Building on Whitney

      Individual offices for lease in Hamden, convenient location.
      2285 Whitney Ave, Hamden, CT 06518
      View Details
    • $675 /Mo
      53,143 SF

      Professional Office Building in Hamden

      Individual offices for lease in a professional building, great location.
      2285 Whitney Ave, Hamden, CT 06518
      View Details

    FAQs

    What type of property is this?
    Office space - Well-maintained Hamden commercial space for lease in desirable Mt. Carmel.
    Where is this office space located?
    The property is located at 3074 Whitney Ave Hamden, CT.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Convenient to I-91 & Merritt Parkway; - Desirable Mt. Carmel area; - Benefit from On-site Management
    (860) 964-0205
    Request Owner's contact information
    3074 Whitney Ave Hamden, CT 06518
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3074 Whitney Ave
    Hamden, CT 06518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3074 Whitney Ave Hamden, CT 06518
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Renee Stevens
    (860) 964-0205
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.