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    433 Chapel St New Haven, CT 06511

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    For Sale
    Contact for pricing

    32,000 SF building with mixed-use development potential in New Haven.

    Lot size:
    0.34 Acres

    Property Features for 433 Chapel St

    General Information

    Lot size
    0.34 Acres

    Source: Scalzo Agent Paul Scalzo Sr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Haven Mixed-Use Development Opportunity

    This property features a 32,000 square foot building with potential for mixed-use development. The property, zoned IL, offers flexibility for diverse commercial uses. Its history dates back to 1870. The location is in the New Haven area. The package includes 56 & 65 Wallace St.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Law Firm Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9121468
    Latitude
    41.3038843

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    FAQs

    What type of property is this?
    Land - 32,000 SF building with mixed-use development potential in New Haven.
    Where is this land located?
    The property is located at 433 Chapel St New Haven, CT.
    What are key features of this property?
    This property features: - Prime location in the vibrant New Haven area; - 32,000 SF building with potential for mixed-use development; - Zoned IL, offering flexibility for diverse commercial uses
    (203) 470-3972
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    433 Chapel St New Haven, CT 06511
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    Realmo Value Estimation

    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.

    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.

    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
    433 Chapel St New Haven, CT 06511
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