413-425 Washington Ave North Haven, CT 06473
This exceptional 7.24-acre (315,244 sq ft) commercial land parcel is ideally situated on US Route 5 in North Haven, Connecticut. The property boasts an IL-30 zoning designation, permitting a wide array of commercial uses, including retail, restaurants, warehousing, and more. Its strategic location offers unparalleled access to major transportation arteries, being less than 0.75 miles from I-91 Exit 12 and 3 miles from CT Route 15. This high-traffic area sees over 19,400 vehicles daily. The site benefits from strong surrounding demographics, with over 33,300 people within a 3-mile radius and an average household income exceeding $135,435. Within a 5-mile radius, this figure surpasses 95,200 people with an average household income of over $138,250, and over 45,200 employees. The area is thriving, with established national retailers like Stop & Shop and Walgreens, numerous restaurants, and a newly constructed 1.2 million square foot Amazon fulfillment center adding 2,000 jobs. The proximity to Quinnipiac University further enhances the property's appeal. This presents a unique opportunity to capitalize on a prime location within a robust and growing commercial market. The property's size and zoning flexibility offer significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.