Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Space For Rent Title is generated by Realmo AI

    764 Campbell Avenue C, West Haven, CT 06516

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500/Mo $2 SF/Yr (calc)

    Office unit in well-maintained medical plaza near I-95.

    Type:Commercial/Industrial
    Property size:
    12,042 SF
    Lot size:
    0.94 Acres
    Added:
    May 23, 2024
    Days on Market:
    731
    Last Refresh:
    May 19 at 10:06 pm

    Property Features for 764 Campbell Avenue C

    General Information

    Standard status
    Active
    Size
    12,042 SF
    Lot size
    0.94 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1998

    We can help!

    Listing Contact
    Fred A. Messore

    Listing agent Fred A. Messore License #REB.0794161

    Listing office Colonial Properties Inc

    Listing date May 23, 2024

    Source Exitrealty

    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 Colonial Properties Inc

    HighLights

    • Prime Location: Situated only .1 mile from I‑95 (Exit 43) with high traffic volume (13,300 cars per day).
    • Turnkey Medical Office: 950 SF +/- unit with (2) exam rooms, waiting area, reception, break room, and ADA compliant bathroom.
    • Well‑Maintained Medical Plaza: Located in a professionally managed medical plaza.
    • Established Medical Community: Surrounded by complementary tenants including a PT & Rehabilitation Center, Pharmacy, Surgical Associates, and other medical practices.
    • Ready for Immediate Occupancy: Available for lease at $2,500/month gross.
    • Relatively New Construction: Built in 1998.

    Overview

    This property offers a 950 square foot office unit within a well-maintained medical plaza. The location is approximately 0.1 miles from I-95, exit 43, and experiences a traffic volume of 13,300 cars per day. The unit features two exam rooms, a waiting area, a reception area, a break room, and an ADA-compliant bathroom. The property is suitable for commercial real estate and office space purposes. Other tenants in the plaza include a PT & Rehabilitation Center, West Haven Pharmacy, Surgical Associates, Internal Medicine of WH, Livwell Pain Management, and WH Foot & Ankle Center. The property is available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Samuel Hahn, MD Physician Sean W. Lazarus, ... Physician Dr. Marian E. ... Physician Kripa Plapetta Damodharan Physician Quest Diagnostics Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Feldman Alan DVM — 959 Campbell Ave, West Haven, CT 06516
    • Angel Animal Hospital — 333 Elm St, West Haven, CT 06516

    Location Insight

    • Map
    • Local Demand
    City
    West Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9556898
    Latitude
    41.2793199

    Nearby Similar for Lease

    • $6,700/Mo
      14,000 SF

      Versatile Industrial Space in West Haven

      14,000 SF commercial space ideal for various business uses.
      135 Wood Street, West Haven, CT 06516
      View Details
    • $1,500/Mo
      1,300 SF

      West Haven Commercial Space

      1300 SF commercial space, convenient location, renovated bathroom.
      215 Tuthill Street, West Haven, CT 06516
      View Details
    • $13,770/Mo
      80,000 SF

      West Haven Retail/Storage Opportunity

      Versatile 8,100 SF unit in active commercial corridor.
      1055-1075 Boston Post Road, West Haven, CT 06516
      View Details
    • $8 SF/Yr
      12,075 SF

      West Haven Commercial Space Available

      Showroom and warehouse space suitable for various businesses.
      754 washington Avenue, West Haven, CT 06516
      View Details
    • $10 SF/Yr
      5,800 SF

      West Haven Commercial Space Available

      Open space in a well-maintained plaza, ideal for retail.
      221 Bull Hill Lane, West Haven, CT 06516
      View Details
    • $13,770/Mo
      8,100 SF

      West Haven Retail/Storage Opportunity

      Versatile 8,100 SF unit in active commercial corridor.
      1055-1075 Boston Post Rd F8+, West Haven, CT 06516
      View Details
    • $1,800/Mo
      6,409 SF

      Historic West Haven Office Space

      Unique office space in historic building on Boston Post Road.
      1004 Boston Post Road 1B, West Haven, CT 06516
      View Details
    • $13,770/Mo
      80,000 SF

      West Haven Retail/Storage Opportunity

      Versatile 8,100 SF unit in active commercial corridor.
      1055-1075 Boston Post Road #F8+, West Haven, CT 06516
      View Details
    • $4,400/Mo

      Customizable Flex Space Available

      Functional flex space with loading dock and drive-in doors.
      27 Kimberly Ave 2, West Haven, CT 06516
      View Details
    • $1,750/Mo
      516 SF

      Remodeled Commercial Space in West Haven

      Turn-key commercial space ideal for food takeout or retail.
      224 Campbell Avenue, West Haven, CT 06516
      View Details
    • $4,400/Mo
      5,688 SF

      Adaptable Flex Space Available

      Customizable flex space with loading dock and drive-in doors.
      27 Kimberly Avenue #2, West Haven, CT 06516
      View Details
    • $25 SF/Yr
      1,200 SF

      Restaurant Space on Boston Post

      Commercial space ideal for restaurant, coffee shop, or QSR.
      540 Boston Post Road, West Haven, CT 06461
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Office unit in well-maintained medical plaza near I-95.
    Where is this medical office space located?
    The property is located at 764 Campbell Avenue C West Haven, CT.
    What is the lease rate?
    The lease rate is $2,500 /Mo.
    What are key features of this property?
    This property features: Prime Location: Situated only .1 mile from I‑95 (Exit 43) with high traffic volume (13,300 cars per day).; Turnkey Medical Office: 950 SF +/- unit with (2) exam rooms, waiting area, reception, break room, and ADA compliant bathroom.; Well‑Maintained Medical Plaza: Located in a professionally managed medical plaza.
    (203) 988-6298
    We can help!
    Listing Contact
    Fred A. Messore
    Real Estate License ID: REB.0794161
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    764 Campbell Avenue C, West Haven, CT 06516
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!