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Fenced Flex Space with Parking
For Sale
$495,000

207 Burwell Road, West Haven, CT 06516

Commercial For Sale, West Haven, CT

Property Size1,904 SF
Lot Size0.21 Acres
Price / SF$259.98
Days on Market139

Property Features for 207 Burwell Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning R2
Lot features Level Lot
Directions Boston Post Road to Fairfax St to Burwell Road. or Route 34 to Plainfield Avenue to Fenwick to Burwell Road,
Subdivision Allingtown
Standard status Active
Size 1,904 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5866

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1960
Floors in Building 1
Flooring type Concrete, Carpet - Full
Listing Agency: Property World
Listed By: Leah Fonte · License #RES.0763683
Added: May 26 Changed: Oct 4 Last Checked: Oct 11 at 9:06AM
MLS# 24178381

Copyright © 2026 SmartMLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,904-square-foot flex property occupies a 0.21-acre parcel and includes space that has supported HVAC work, office functions, and fabrication activity. The site is enclosed with fencing and provides parking for work vehicles, while a storage container transfers with the property. Interior finishes include concrete and full carpeting, complemented by central air conditioning.

The property is positioned near Route 34 with access to I-95. Built in 1960, it has public water and public sewer service and is designated R2. The sale is offered in its existing, as-is condition.

Key Highlights

  • 1,904 SF flex property on 0.21 acres
  • Previously used for HVAC, office, and fabrication operations
  • Fully fenced site with parking for work vehicles

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 (±1% cap)
NOI $18,233 @ 7.0% cap · market cap 3.68%
Second Best
Flex RnD
$250.6K
$219.3K – $292.4K (±1% cap)
NOI $17,543 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$612.5K
$535.9K – $714.6K (±1% cap)
NOI $42,873 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

CTS Heating & Cooling HVAC Service

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
Under-served
Demand for This Use

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

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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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 - Previously configured for HVAC, office, and fabrication functions.
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 SF flex property on 0.21 acres; Previously used for HVAC, office, and fabrication operations; Fully fenced site with parking for work vehicles
More about this property
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