Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    530 Whitfield St Guilford, CT 06437

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $24,250

    Premier waterfront office building in Guilford with Long Island Sound views.

    Lot size:
    4.60 Acres

    Property Features for 530 Whitfield St

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    4.60 Acres

    Building Details

    Year built
    1954

    We can help!

    Listing Contact
    Joseph Piscitelli
    Source: Elliman

    Listing Agency: Coldwell Banker Realty Listing Agent: Joseph Piscitelli

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

    Learn more

    Overview

    Waterfront Office Building For Lease

    This waterfront office building, situated directly on Long Island Sound in Guilford, Connecticut, presents a leasing opportunity. The property offers over 180-degree water views and is currently operating as offices and research space. The location is suitable for a variety of uses, including corporate headquarters, a marine study school, marine sales and repairs, a church, residential condominiums, or water-dependent uses. Approximately 7,920 square feet, representing 51% of the building, is available for lease. The property is conveniently located near the train, Yale University, and Bradley International Airport, and is 75 miles from New York City. The property is also listed for sale.
    Location Intelligence

    Current Use by Public Records

    Raindance Technologies (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Guilford
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.6631251
    Latitude
    41.2731105

    Nearby Similar for Lease

    • $1,500 /Mo

      Guilford Office Suite For Rent

      Well-positioned office suite in Guilford, CT, with excellent visibility.
      2614 Boston Post Rd, Guilford, CT 06437
      View Details
    • $2,800 /Mo
      2,000 SF

      Guilford Office Space For Lease

      Turn-key office space in a convenient, well-established Guilford location.
      1575 Boston Post Rd Unit C -, Guilford, CT 06437
      View Details
    • $5,000 /Mo
      1,500 SF

      Retail/Office Space on Guilford Green

      Prime retail or office space with high visibility and foot traffic.
      89 Whitfield St, Guilford, CT 06437
      View Details
    • Sponsored
      $825 /Mo

      Guilford Gatehouse West

      Class A Office Complex ~ Flexible Workspaces to fit Businesses of Any Size
      2614 Boston Post Rd, Guilford, CT 06437
      View Details
    • $2,450 /Mo

      Professional Office Space For Rent

      First floor office space with pond views, near downtown.
      75 Carter Dr, Guilford, CT 06437
      View Details
    • $20 SF/Yr
      1,910 SF

      Guilford Medical Office Suite

      Turnkey medical office suite in premier Guilford medical park.
      5 Durham Rd, Guilford, CT 06437
      View Details
    • $14 SF/Yr

      Renovated Office Spaces Available

      Newly renovated office spaces in Guilford's prime shopping district.
      1200 Boston Post Rd, Guilford, CT 06437
      View Details
    • Contact for pricing

      Guilford Gatehouse West

      Executive Conference Room available from Daily to Monthly basis
      2614 Boston Post Rd, Guilford, CT 06437
      View Details
    • $2,300 /Mo
      2,046 SF

      Professional Office Space Available

      Well-appointed office space suitable for retail or service use.
      2346 Boston Post Rd #2, Guilford, CT 06437
      View Details
    • $2,200 /Mo
      17,000 SF

      Professional Office Suite in Guilford

      1,200 SF office suite with utilities included, Route 1.
      2488 Boston Post Rd, Guilford, CT 06437
      View Details
    • $5,000 /Mo
      1,500 SF

      Retail Space on Guilford Green

      Prime retail space with high visibility in Guilford, Connecticut.
      89 Whitfield St, Guilford, CT 06437
      View Details
    • $985 /Mo
      940 SF

      Guilford Office Space For Rent

      Professional office space available on Boston Post Road in Guilford.
      2415 Boston Post Rd, Guilford, CT 06437
      View Details

    FAQs

    What type of property is this?
    Office building - Premier waterfront office building in Guilford with Long Island Sound views.
    Where is this office building located?
    The property is located at 530 Whitfield St Guilford, CT.
    What is the lease rate?
    The lease rate is $24,250.
    What are key features of this property?
    This property features: - Premier waterfront location directly on Long Island Sound with **180-degree water views**.; - Versatile property suitable for various uses including office, research, marine-related businesses, or residential conversion.; - **Significant leasable space available (7920 SF, 51% of building)**.
    (203) 982-3511
    Request Owner's contact information
    530 Whitfield St Guilford, CT 06437
    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.
    530 Whitfield St
    Guilford, CT 06437
    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
    530 Whitfield St Guilford, CT 06437
    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
    Joseph Piscitelli
    Real Estate License ID: RES.0542931
    (203) 982-3511 (203) 878-7424
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!