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Property profile & analytics
OFF-MARKET
Showrooms

112 New Hvn Ave Milford, CT 06460-4827

2,160 SF 0.2 ac lot Built 1956
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US15-0291020
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1956
Construction STEEL FRAME
Total area 2,160 SF
Lot 0.2 ac (8,712 SF)
Zoning code MCDD
APN MILF M:55 B:591 L:7
UPID US15-0291020
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • D AND D MOTORS Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
New Haven Ave Assoc LLC · 1 yrs held
New Haven Ave Assoc LLC
since 2024
2 recorded transactions
2024
Price N/A
2007
$1
Zoning & alternative use
MCDD · Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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