Fenced Flex
For Sale
$495,000
207 Burwell Road, West Haven, CT 06516
The site has parking for work vehicles and includes a storage container.
Property Size1,904 SF
Price / SF$259.98
Days on Market152
Property Features for 207 Burwell Road
General Information
Standard status
Active
Size
1,904 SF
Property subtype
Commercial
Zoning
R2
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Building Size
1,904 SF
Year Built
1960
Stories
1
Units
1
Listing Agency:
Property World
(203) 877-1221
Listed By:
Leah Fonte · License #RES.0763683
(203) 815-6186
Source:
Cappellorealty
Added: May 25
Changed: Oct 23
Last Checked: Oct 22 at 2:11PM
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 Property World
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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 1,904-square-foot flex property was built in 1960 and is zoned R2. Its previous uses included an HVAC shop, office space, and fabrication. The fully enclosed site has parking for work vehicles, and a storage container conveys with the sale.
Route 34 and access to I-95 are nearby. The property is offered as-is.
Route 34 and access to I-95 are nearby. The property is offered as-is.
Key Highlights
- 1,904‑square‑foot flex property built in 1960
- R2 zoning
- Previously used for HVAC work, office space, and fabrication
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,233
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,660
$364.7K
Cap Rate 7%
$260,471
$260.5K
Cap Rate 9%
$202,589
$202.6K
Market Conditions
NOI Build-Up for 1,904 SF
Gross rent
$27.4K $14.40/SF
− Vacancy
−$1.4K −$0.72/SF
EGI
$26.0K $13.68/SF
− OpEx
−$7.8K −$4.10/SF
NOI
$18.2K $9.58/SF
Area
New Haven, CT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,660
Cap Rate 7%
$260,471
Cap Rate 9%
$202,589
Alternative Uses
Best Use
Industrial
$260.5K
$227.9K – $303.9K
NOI $18,233 @ 7.0% cap · market cap 3.68%
Second Best
Flex RnD
$250.6K
$219.3K – $292.4K
NOI $17,543 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$612.5K
$535.9K – $714.6K
NOI $42,873 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Under-served
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Moe's Southwest Grill — 300 Boston Post Rd, West Haven, CT 06516
Frequently Asked Questions
What type of property is this?
Flex space - The site has parking for work vehicles and includes a storage container.
Where is this flex space located?
The property is located at 207 Burwell Road West Haven, CT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,904‑square‑foot flex property built in 1960; R2 zoning; Previously used for HVAC work, office space, and fabrication
