86 Fitch St New Haven, CT 06515
- Showrooms
- 1,568 SF
- 0.12 lot acres
Current Use by Public Records
- Showrooms
Property Details for 86 Fitch St
- Year built
- 1964
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.12 lot acres
- Property size
- 1,568 SF
- Zone code
- RM1
- Property type
- Showrooms
- APN
- NHVN M:372 B:1159 L:00801
- APU
- NHVNM372B1159L00801
Description
This exceptional 6,000-square-foot warehouse, located at 86 Fitch Street in New Haven, Connecticut, presents a compelling investment opportunity. Classified as a Class C industrial property, this single-tenant building sits on one acre of land in New Haven County, zip code 06515. The warehouse boasts a single story design and underwent renovations in the year 2000. Its functionality is further enhanced by its classification as both a warehouse and distribution center, making it suitable for a variety of logistical operations. The property's size and location within New Haven offer excellent accessibility to major transportation routes, streamlining distribution and logistics. The building's 6,000 square feet provide ample space for storage and operational needs. This property is ideal for businesses seeking a well-maintained, single-tenant warehouse in a strategic location within New Haven. The property's single-tenant occupancy provides stability and ease of management. The 2000 renovation ensures the building is equipped with modern features and systems, enhancing its operational efficiency. This presents a rare opportunity to acquire a functional and well-situated industrial property in a thriving Connecticut market. Interested parties are encouraged to inquire for further details and scheduling a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $245,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $280,000
- Mixed-Use
- $260,000
- Hospitality
- $230,000
- Educational
- $230,000
- Residential Income
- $215,000
- Energy
- $255,000
- Income-Based Land
- $280,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Longitude
- -72.9551
- Latitude
- 41.327
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA