Property profile

250 Sargent Dr New Haven, CT 06511

OFF-MARKET
Warehouses
14,400 SF Built 1964
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 1964
Total area 14,400 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Loan Service
  • Construction Company

Location

250 Sargent Dr New Haven, CT 06511
New Haven metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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