Technical
Financial
Distress signals
Property profile

1 Circular Ave Hamden, CT 06514

OFF-MARKET
Office buildings
Property ID
US15-0055273
9,347 SF 0.34 ac lot Built 1926
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1926
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,347 SF
Lot 0.34 ac (14,811 SF)
Zoning code T5
APN HAMD M:2225 B:603 L:00-0000
UPID US15-0055273

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
  • Holding Company Private Equity Firm
  • Hair Salon Nail Salon
  • Real Estate Agency
  • Corporate Office
  • Real Estate Agency

Location

1 Circular Ave Hamden, CT 06514-4002
Hamden metro Census 165600 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$750k
CAP Approach CAP
by Request
Comparable Approach Comparable
$840k
Blend (final) Blend
$755k

Owner & transaction history

since 2020
Last sale
$725,000
5 recorded transactions
2023
Price N/A
2020
$725,000
2019
$850,000
2002
Price N/A
1989
Price N/A

Zoning & alternative use

T5 · Hamden, CT
Zoning description

ARTICLE III TRANSECT ZONES T1 - T5 AND SPECIAL DISTRICTS Section 300 PURPOSE The purpose of this section is to enable and encourage the implementation of the following poli- cies with the use of Transect Zones throughout…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $1.2M +14.2%

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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