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Financial
Distress signals
Property profile

724 Grand Ave New Haven, CT 06511

OFF-MARKET
Other industrial properties
Property ID
US15-0738919
19,106 SF 0.34 ac lot Built 1973
Last sale Apr 2000 · $116,190
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial building located in New Haven, Connecticut, with a reported size of approximately 19,106 square feet (listing notes a total size of 21,152 square feet). It was previously used as a food manufacturing facility, including production baking and refrigeration operations, and includes on-site processing equipment such as a 1,000-square-foot cooler, a spiral freezing system, and an ammonia refrigeration system. The facility is described as having existing FDA approvals, and it is configured for food production uses that require regulatory readiness.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value$923k
Assessed land$36k
Assessed improvement$887k
Effective rate3.72%

Value estimate

· Oct 2026
$2.43M
$2.18M – $2.67M
AI approach$2.28M
CAP approach$2.82M
Submarket $/SF estimate$1.51M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$50 – $92
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IL
These districts, in common with other business and industrial districts, are regulated by a set of performance standards prescribing uppe...
General categoryINDUSTRIAL
JurisdictionNEW HAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic11.7
Auto Parts Store10.9
Convenience Store9.3

Location

724 Grand Ave New Haven, CT 06511-5006
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Lyman, New Haven, CT 06511-1514 $595,000 Sep 2024 10,518 SF
190 Wallace, New Haven, CT 06511-5032 $760,000 Feb 2024 17,140 SF
150 Wallace, New Haven, CT 06511 $700,000 Mar 2023 17,719 SF
80 Hamilton, New Haven, CT 06511-5920 $1,000,000 Aug 2022 17,848 SF
106 Food Terminal, New Haven, CT 06511-5910 $3,000,000 Dec 2021 17,265 SF
108 Food Terminal, New Haven, CT 06511-5910 $3,000,000 Dec 2021 14,520 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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