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    250 Sargent Dr New Haven, CT 06511

    For Lease
    $20 SF/Yr

    14,400 SF Warehouse, Multi-Use Potential

    Lot size:
    14,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,400-square-foot commercial property at 250 Sargent Drive in New Haven, Connecticut, presents a unique investment opportunity. Situated on a spacious 15.52-acre lot, this two-story building offers versatile space ideal for retail or industrial use. Built in 1964, the property boasts a 16-foot ceiling height, providing ample vertical space for various applications. Currently vacant, the entire 14,400 square feet is available for lease, with no minimum divisible space requirements. The property features one loading dock, making it suitable for efficient goods handling. The electrical service is robust, with 240-volt, 400-amp, 3-phase power. The zoning designation is BA/BE, allowing for a range of commercial uses. Located in New Haven County, Connecticut, with a zip code of 06511, this property offers convenient access to major transportation routes and a thriving local market. The building's history includes use as part of the Long Wharf Theatre, featuring open studios, offices, and rehearsal rooms, suggesting adaptable floor plans. The current asking price is $20.00 per square foot, NNN, unless converted to a strictly warehouse use. This property is an excellent choice for businesses seeking a large, flexible space in a desirable location.

    Property Features for 250 Sargent Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,400 SF
    Total Rate
    24000

    Building Details

    Year Built
    1964
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    14,400 SF
    Rate per SF
    $20

    HighLights

    • Food Terminal Plaza, prime location.
    • Convenient access via Long Wharf Drive.
    • Features ample loading dock space.
    • Highly versatile space suitable for food storage, preparation, warehousing, retail, and other commercial uses.
    • Excellent highway access at I‑95 Exit 46.
    • Flexible floor plans available through subdividable units.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bank of America ATM ... Atm Bank of America (with ... Bank Vase Management/ VASE ... Construction Company

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9206875
    Latitude
    41.2938763

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    FAQs

    What type of property is this?
    Distribution property - 14,400 SF Warehouse, Multi-Use Potential
    Where is this distribution property located?
    The property is located at 250 Sargent Dr New Haven, CT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Food Terminal Plaza, prime location.; Convenient access via Long Wharf Drive.; Features ample loading dock space.
    Request Owner's contact information
    250 Sargent Dr New Haven, CT 06511
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    New Haven, CT 06511
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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
    250 Sargent Dr New Haven, CT 06511
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