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    978 Orange Ave West Haven, CT 06516

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    For Sale
    $3,900,000

    56,329 sq ft light industrial building on 2 acres.

    Lot size:
    0.87 Acres

    Property Features for 978 Orange Ave

    General Information

    Lot size
    0.87 Acres

    Building Details

    Year built
    1946

    Source: Colonial Properties Inc Agent Fred A. Messore

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

    Overview

    Redevelopment Opportunity in High-Visibility Location

    This light industrial building offers approximately 56,329 square feet of space on a site of about 2 acres. It is positioned in a high-visibility location, presenting a redevelopment opportunity. The property is suitable for buyers interested in redeveloping the existing structure or demolishing it to take advantage of the location. The property's proximity to Boston Post Road and I-95 enhances its visibility and accessibility, making it an attractive option for various commercial or industrial uses. The location provides significant potential for maximizing value and adapting to meet diverse market demands. The total yearly taxes are $47,392, with $7,982 attributed to 958 and $39,410 to 978 for the year 2024.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant 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
    West Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9787323
    Latitude
    41.2839933

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    FAQs

    What type of property is this?
    Manufacturing property - 56,329 sq ft light industrial building on 2 acres.
    Where is this manufacturing property located?
    The property is located at 978 Orange Ave West Haven, CT.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Prime redevelopment opportunity on approximately 2 acres.; - High-visibility location.; - Proximity to Boston Post Road and I-95 ensures accessibility.
    (203) 988-6298
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    978 Orange Ave West Haven, CT 06516
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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
    978 Orange Ave West Haven, CT 06516
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