Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    102 Food Terminal Plz New Haven, CT 06511

    • Industrial properties
    • 4,713 SF
    • 0.82 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US15-0891822
    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

    • Industrial properties

    Property Details for 102 Food Terminal Plz

    Year built
    1979
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.82 lot acres
    Property size
    4,713 SF
    Zone code
    BE
    Property type
    Industrial properties
    APN
    NHVN M:236 B:1304 L:00701
    APU
    NHVNM236B1304L00701

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9251
    Latitude
    41.2945
    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
    $12,416
    $213,500
    $120,260
    $333,760
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      14,400 SF

      250 Sargent Dr

      Distribution properties • 14,400 SF
      250 Sargent Dr, New Haven, CT 06511
      View Details
    • Value Estimation by Request
      7.48 Acres

      Water St

      INDUSTRIAL (GENERAL) • 7.48 Acres
      Water St, New Haven, CT 06511
      View Details
    • Value Estimation
      $790,000
      10,020 SF

      110 Hamilton St

      INDUSTRIAL (GENERAL) • 10,020 SF
      110 Hamilton St, New Haven, CT 06511-5813
      View Details
    • Value Estimation
      $11,265,000
      65,200 SF

      200 Sargent Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 65,200 SF
      200 Sargent Dr, New Haven, CT 06511-5919
      View Details
    • Value Estimation
      $22,175,000
      322,750 SF

      100 Sargent Dr

      INDUSTRIAL (GENERAL) • 322,750 SF
      100 Sargent Dr, New Haven, CT 06511-5918
      View Details
    • Value Estimation
      $3,055,000
      120,454 SF

      89 Shelton Ave

      INDUSTRIAL (GENERAL) • 120,454 SF
      89 Shelton Ave, New Haven, CT 06511
      View Details

    Similar Nearby for Sale

    • $1,790,000
      21,152 SF

      Equipped Food Manufacturing Facility

      19,106 SF industrial building with food production equipment.
      724 Grand Ave, New Haven, CT 06511
      View Details
    • $470,000
      1,470 SF

      Two-Family House Near Yale

      Two-unit property near Yale University with off-street parking.
      39 Winchester Ave, New Haven, CT 06511
      View Details
    • $1,800,000

      Turnkey Commercial Property with Kitchen

      Versatile 4,507 SF commercial property with bars and kitchen.
      811 Dixwell Ave, Hamden, CT 06511
      View Details
    • $2,400,000
      8,986 SF

      Downtown New Haven Office Building

      9,000 SF office building in the heart of New Haven.
      54 Wall St, New Haven, CT 06511
      View Details
    • Contact for pricing

      New Haven Land For Sale

      32,000 SF land with mixed-use development potential.
      56 Wallace St, New Haven, CT 06511
      View Details
    • $589,000

      New Haven Multifamily Property

      Multifamily property for sale in New Haven, Connecticut.
      310 W Division St, New Haven, CT 06511
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      200,000 SF

      East Rock Center: Office & Lab Suites

      New Haven, CT: Modernized historic building, flexible spaces.
      285 Nicoll St, New Haven, CT 06511
      View Details
    • $20 SF/Yr
      14,400 SF

      Adaptable Retail/Warehouse Space Available

      Versatile space suitable for retail, warehouse, or commercial uses.
      201-228 Food Terminal Plz, New Haven, CT 06511
      View Details
    • $20 SF/Yr
      14,400 SF

      Prime New Haven Warehouse/Retail Space

      14,400 SF Warehouse, Multi-Use Potential
      250 Sargent Dr, New Haven, CT 06511
      View Details
    • Contact for pricing
      6,075 SF

      Shelton Avenue Flex/Industrial/Office Space

      Flex, industrial, and office spaces available for rent.
      71-91 Shelton Ave, New Haven, CT 06511
      View Details
    • $2,000 /Mo

      Spacious Apartment Near Science Park

      Well-maintained 3-bedroom apartment near Science Park and universities.
      585 Winchester Ave, New Haven, CT 06511
      View Details
    • $2,150 /Mo

      East Rock Two Bedroom Apartment

      First floor, two-bedroom apartment in the heart of East Rock.
      109 Foster St, New Haven, CT 06511
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    102 Food Terminal Plz
    New Haven, CT 06511
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.