112 New Hvn Ave Milford, CT 06460-4827
This 2,160-square-foot warehouse in Milford, Connecticut, presents a unique redevelopment opportunity. Located on a 0.32-acre lot, the property boasts 12-foot ceilings, four dock-high doors, and ample parking. Currently vacant, this single-tenant space offers significant potential for various uses, including retail, industrial, or restaurant establishments. The property features 3-phase, 200-amp power and is zoned MCCD (Milford Center Design Development District), allowing for a wide range of possibilities. The building's history as a gas station offers a chance to revitalize a piece of Milford's heritage. Expansion possibilities exist, including the potential for a rooftop deck (subject to zoning approvals). A neighboring property offers overflow parking, simplifying zoning compliance. The location is highly desirable, within walking distance of sporting venues, shops, restaurants, and the Metro-North station. The surrounding area is experiencing significant residential growth, with over 1,000 residential units within a square mile, and more under development. This presents a strong potential customer base for any new business. The property's versatility and prime location make it an exceptional investment opportunity.
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D AND D MOTORS Auto Repair Shop Vehicle Inspection Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MCDD · Milford, CTMilford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.