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    Property profile & analytics

    1 Circular Ave Hamden, CT 06514

    • Office buildings
    • 9,347 SF
    • 0.34 lot acres
    For Lease
    View listing
    $500 /Mo
    Value Estimation
    $720,000
    Last Sale
    Feb 13, 2020
    $725,000
    Location Intelligence
    Property ID
    US15-0055273
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Nagilla Group Inc. / Holding Company / Private Equity Firm
    • Grateful Hair / Beauty Salon
    • McNeil Realty LLC / Real Estate Agency
    • The CHIMA™ Building | CHIMA™ Enterprise Inc. / Corporate Office
    • Yvette McNeil, McNeil Realty / Real Estate Agent

    Property Details for 1 Circular Ave

    Year built
    1926
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    9,347 SF
    Zone code
    T5
    Property type
    Office buildings
    APN
    HAMD M:2225 B:603 L:00-0000
    APU
    HAMDM2225B603L000000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $660,000
      6.5%
      $700,000
      7%
      $640,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $585,000
      Geo Method
      $620,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $730,000
      Retail
      $760,000
      Mixed-Use
      $600,000
      Hospitality
      $695,000
      Educational
      $565,000
      Residential Income
      $775,000
      Energy
      $685,000
      Income-Based Land
      $620,000
      Food Service
      $760,000

    Location Insight

    • Map
    • Local Demand
    City
    Hamden
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.934
    Latitude
    41.3469
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,429
    $154,280
    $332,220
    $486,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $250,000
      2,071 SF

      1828 Dixwell Ave

      OFFICE BUILDING • 2,071 SF
      1828 Dixwell Ave, Hamden, CT 06514-3105
      View Details
    • Value Estimation
      $630,000
      12,740 SF

      2600 Dixwell Ave

      OFFICE BUILDING • 12,740 SF
      2600 Dixwell Ave, Hamden, CT 06514-1811
      View Details
    • Value Estimation
      $375,000
      8,444 SF

      24 Rossotto Dr

      OFFICE BUILDING • 8,444 SF
      24 Rossotto Dr, Hamden, CT 06514-1335
      View Details
    • Value Estimation
      $470,000
      22,932 SF

      105 Sanford St

      OFFICE BUILDING • 22,932 SF
      105 Sanford St, Hamden, CT 06514-1723
      View Details
    • Value Estimation
      $405,000
      5,805 SF

      1256 Dixwell Ave

      OFFICE BUILDING • 5,805 SF
      1256 Dixwell Ave, Hamden, CT 06514-4119
      View Details
    • Value Estimation
      $330,000
      3,476 SF

      1186 Dixwell Ave

      OFFICE BUILDING • 3,476 SF
      1186 Dixwell Ave, Hamden, CT 06514-4732
      View Details

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    Similar Nearby for Lease

    • $22 SF/Yr
      30,050 SF

      Hamden Medical Office Space for Lease

      Prime Hamden location, multiple suites available.
      2560 Dixwell Ave, Hamden, CT 06514
      View Details
    • $4,000 /Mo
      2,500 SF

      Versatile Commercial Space for Lease

      2,500 sq ft commercial space suitable for various uses.
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      View Details
    • $25 SF/Yr
      3,000 SF

      Prime Retail Space in Hamden

      Retail space for lease on a busy commercial corridor.
      2415 Dixwell Ave, Hamden, CT 06514
      View Details
    • $500 /Mo
      16,000 SF

      Historic Bank Building Office Spaces

      Dynamic office spaces in a prestigious, upgraded historic bank building.
      1 Circular Ave, Hamden, CT 06514
      View Details
    • $500 /Mo

      Single Office Suite For Rent

      Single office suite with utilities included in Hamden, CT.
      375 Mather St, Hamden, CT 06514
      View Details
    • $12 SF/Yr
      4,625 SF

      Professional Office Space For Rent

      Suburban office complex with ample parking, near Hamden Center.
      109 Sanford St, Hamden, CT 06514
      View Details
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    1 Circular Ave
    Hamden, CT 06514
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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
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