Renovated Flex Space with Truck
For Sale
$850,000
100 Barclay Street, New Haven, CT 06519
The facility combines clear-span garages, heated interiors, loading areas, and a substantial open lot.
Property Size5,000 SF
Days on Market14
Property Features for 100 Barclay Street
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Zoning
IL
Additional Details
Outdoor Storage
Yes
Clear Span
Yes
Taxes and HOA fees
Annual Taxes
$2,157
Building Details
Building Size
5,000 SF
Year Built
1954
Stories
1
Units
1
Listing Agency:
Eagle Eye Realty Pllc
(860) 331-5156
Listed By:
Andrea Rodriguez · License #RES.0792265
(860) 331-5156
Source:
Westshorerealty
Added: Aug 7
Changed: Aug 16
Last Checked: Aug 19 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eagle Eye Realty Pllc
Investment Insights
Based on property information with market context.
This flex space at 100 Barclay Street includes renovated interior and exterior areas, clear-span garages, heated building systems, and durable fire-resistant construction. Wide, unobstructed work areas include footprints often measuring 40x60 feet or larger. High-clearance interiors, drive-in bays, and loading docks support material handling and vehicle-oriented operations, while updated roofing and electrical systems add to the facility’s infrastructure.
The property includes an oversized lot with open land for heavy equipment parking, outdoor storage, or expansion. Broad ingress and egress routes are designed to accommodate multi-axle freight and logistics trailers. Zoned IL, the facility is located in New Haven, Connecticut, and was built in 1954.
The property includes an oversized lot with open land for heavy equipment parking, outdoor storage, or expansion. Broad ingress and egress routes are designed to accommodate multi-axle freight and logistics trailers. Zoned IL, the facility is located in New Haven, Connecticut, and was built in 1954.
Key Highlights
- Renovated interior and exterior structures with modern heating systems
- Clear‑span garages with footprints often measuring 40x60 feet or larger
- Oversized lot supports heavy equipment parking, outdoor storage, or expansion
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,140
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,162,800
$1.2M
Cap Rate 7%
$830,571
$830.6K
Cap Rate 9%
$646,000
$646.0K
Market Conditions
NOI Build-Up for 5,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$72.0K $14.40/SF
− Vacancy
−$3.6K −$0.72/SF
EGI
$68.4K $13.68/SF
− OpEx
−$10.3K −$2.05/SF
NOI
$58.1K $11.63/SF
Area
New Haven, CT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,162,800
Cap Rate 7%
$830,571
Cap Rate 9%
$646,000
Alternative Uses
Best Use
Warehouse
$830.6K
$726.8K – $969.0K
NOI $58,140 @ 7.0% cap · market cap 6.84%
Second Best
Industrial
$684.0K
$598.5K – $798.0K
NOI $47,880 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,586 @ 7.0% cap · market cap 13.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,042
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 06519, CT
15,450
Population
6,424
Households
2.4
Avg Household Size
33
Median Age
20%
College-Educated
77%
High-School Grad
1.8 sq mi
ZIP Area
8,583
Density / Sq Mi
$44,394
Median Household Income
$29,745
Median Earnings
$1,356
Median Rent
$247,600
Median Home Value
Market
Vacancy Rate% for Industrial in New Haven, CT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - The facility combines clear-span garages, heated interiors, loading areas, and a substantial open lot.
Where is this flex space located?
The property is located at 100 Barclay Street New Haven, CT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Renovated interior and exterior structures with modern heating systems; Clear‑span garages with footprints often measuring 40x60 feet or larger; Oversized lot supports heavy equipment parking, outdoor storage, or expansion
