Warehouse Unit with Loading
115 Hood Ter Unit B5, West Haven, CT 06516
For Sale
Contact for pricing
The dock-served unit has forced-air gas heat, public water, and city sewer, with no grade-level door.
Property Size54,382 SF
Price / SF$0.03
Days on Market13
Property Features for 115 Hood Ter Unit B5
General Information
Standard status
Size
Zoning
Warehouse & Industrial
Clear Height
Warehouse Space
Dock-High Doors
Additional Details
Utilities to Site
Property Use
Building Details
Year Built
Listing Agency:
KNG Realty LLC
Listed By:
Kenneth S. Ginsberg
(203) 376-6266
Source:
Rhodeislandhomesforsale
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 8 at 7:35AM
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 KNG Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,288-square-foot warehouse unit measures 30 feet by 40 feet and is located in Building E of the 115 Hood Terrace complex. It has a 15-foot clear height and an 8-foot-by-10-foot overhead door serving three loading docks; two docks are adjustable and self-leveling. The unit is served by the docks only and has no drive-in door. Forced-air gas heat, public water, city sewer, and paved parking are provided. The property was built in 1988 and is zoned TOD.
Key Highlights
- 1,288 SF warehouse unit measuring 30' x 40'
- 15‑foot clear height
- 8' x 10' overhead door with access to three loading docks; two are adjustable and self‑leveling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$632,354
Suggested Prices Based on Cap Rates
Cap Rate 5%
$12,647,080
$12.6M
Cap Rate 7%
$9,033,629
$9.0M
Cap Rate 9%
$7,026,156
$7.0M
Market Conditions
NOI Build-Up for 54,382 SF
Gross rent
$783.1K $14.40/SF
− Vacancy
−$39.2K −$0.72/SF
EGI
$743.9K $13.68/SF
− OpEx
−$111.6K −$2.05/SF
NOI
$632.4K $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 Rate 5%
$12,647,080
Cap Rate 7%
$9,033,629
Cap Rate 9%
$7,026,156
Alternative Uses
Best Use
Warehouse
$9.03M
$7.90M – $10.54M
NOI $632,354 @ 7.0% cap · market cap 36,134.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.49M
$15.31M – $20.41M
NOI $1,224,535 @ 7.0% cap · market cap 69,973.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
15 ft
Clear height
3
Dock-high doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 06516, CT
55,584
Population
21,884
Households
2.5
Avg Household Size
38
Median Age
29%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
5,147
Density / Sq Mi
$73,566
Median Household Income
$41,123
Median Earnings
$1,389
Median Rent
$265,200
Median Home Value
Market
Average Price Trend$/SF for Warehouses in New Haven County, CT
Properties on Market for Warehouses in New Haven County
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Clifton automotive — 325 Platt Ave, West Haven, CT 06516
- Public Storage — 125 Railroad Ave, West Haven, CT 06516
- Metro Self Storage - West Haven — 237 Saw Mill Rd, West Haven, CT 06516
- Keep Safe Storage - West Haven — 321 Highland St, West Haven, CT 06516
Frequently Asked Questions
What type of property is this?
Warehouse - The dock-served unit has forced-air gas heat, public water, and city sewer, with no grade-level door.
Where is this warehouse located?
The property is located at 115 Hood Ter Unit B5 West Haven, CT.
What are key features of this property?
This property features: 1,288 SF warehouse unit measuring 30' x 40'; 15‑foot clear height; 8' x 10' overhead door with access to three loading docks; two are adjustable and self‑leveling
