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    11 Montowese Ave North Haven, CT 06473

    Sponsored
    For Lease
    Contact for pricing

    Prime location, high traffic, 29,185 sq ft vacant.

    Lot size:
    29,185 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 29,185 square foot retail space presents a unique ground lease opportunity in a prime North Haven location. Situated on a 0.91-acre lot, this single-tenant property boasts unparalleled visibility and accessibility. Built in 1900, the building offers significant potential for redevelopment or repurposing. The property benefits from its proximity to major retailers such as BJ's, Target, and Home Depot, ensuring high foot traffic and brand recognition. Convenient highway access and a signalized traffic light intersection with over 20,000 cars passing daily further enhance its desirability. The IL30 zoning designation provides flexibility for a variety of commercial uses. The property is currently entirely vacant, offering a blank canvas for a prospective tenant or developer. A rendering illustrates the potential for a professional office building, though this is merely a suggestion. All due diligence is the responsibility of the buyer. This is an exceptional opportunity for an investor seeking a high-traffic, strategically located property with significant upside potential. The property is located in New Haven County.

    Property Features for 11 Montowese Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,185 SF

    Building Details

    Year Built
    1900

    Unit(s) available at that property

    Space
    Available Space
    Size
    29,185 SF

    HighLights

    • Prime North Haven retail location, 29,185 SF, single‑tenant, vacant.
    • 0.91‑acre lot.
    • Built in 1900, IL30 zoning.
    • Located near major retailers (BJ's, Target, Home Depot) with excellent highway access and high traffic counts.
    • Offered as a ground lease.
    • New Haven County location.
    Property Profile Location Intelligence

    Current Use by Public Records

    BLOOMING ORCHIDS Florist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    North Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.865902
    Latitude
    41.3510867

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    FAQs

    What type of property is this?
    Retail property - Prime location, high traffic, 29,185 sq ft vacant.
    Where is this retail property located?
    The property is located at 11 Montowese Ave North Haven, CT.
    What are key features of this property?
    This property features: Prime North Haven retail location, 29,185 SF, single-tenant, vacant.; 0.91-acre lot.; Built in 1900, IL30 zoning.
    Request Owner's contact information
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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
    11 Montowese Ave North Haven, CT 06473
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