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Property profile & analytics
OFF-MARKET
Industrial properties
140 Middletown Ave New Haven, CT 06513-2103
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US15-0222227
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1971
Total area
1,800 SF
Lot
4 ac (174,240 SF)
Zoning code
IH
APN
NHVN M:130 B:0839 L:00200
UPID
US15-0222227
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
-
Lewis Bridge Bridge
-
First Student, Inc. School Bus Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Middletown Ave LLC · 25 yrs held
Middletown Ave LLC
since 2001
7 recorded transactions
Zoning & alternative use
IH · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,000
Tax year 2023
Assessed value
$1,075,270
Assessed 2023
Previous assessed
$1,075,270
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$503,440
Assessed improvement
$571,830
Applied tax rate
306.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1971
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
1,800 SF
Lot
4 ac (174,240 SF)
Zoning code
IH
APN
NHVN M:130 B:0839 L:00200
UPID
US15-0222227
Jurisdiction
NEW HAVEN
Zoning & alternative use
IH · New Haven, CT
Zoning IH · permitted uses
IH · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
4 ac
Current owner
From public records · entity-resolved
Middletown Ave LLC
Entity
Mailing address
80 MIDDLETOWN AVE, NEW HAVEN, CT 06513-2101
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2025
—
140 Middletown Avenue LLC
—
Deed
related
$1,400,000 · Connecticut Community Bank NA
Oct 25, 2024
—
140 Middletown Ave LLC
—
Deed
related
$600,000 · Towering Oaks LLC
Mar 13, 2019
—
140 Middletown Avenue LLC
—
Deed
related
$98,000 · Westport National Bank
Sep 25, 2012
—
140 Middletown Ave LLC
—
Deed Of Trust
related
$498,167 · A Anastasio & Sons Trucking Co
Feb 2, 2009
—
140 Middletown Avenue LLC
—
Deed Of Trust
related
$300,000 · Richard Loricco
Sep 10, 2008
—
140 Middletown Avenue LLC
—
Deed Of Trust
related
$200,000 · Richard Loricco
Oct 1, 2004
—
140 Middletown Ave LLC
—
Deed Of Trust
related
$825,000 · Citizens Bank Of Ct
Jun 21, 2001
$375,000
Middletown Ave LLC
Middletown Ave Assc LP
Warranty Deed
related
$300,000 · Zenon Grzybowski
Jun 1, 1988
$712,500
Ave Holding Middletown
Melillo,john
Grant Deed
$800,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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