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Property profile & analytics
OFF-MARKET
Estimated value
$3,880,000
Commercial real estate
1475 Whalley Ave, New Haven, CT 06515-1155
Individually Owned
8-yr Hold
Free & Clear
Property ID
US15-0112880
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1996
Total area
20,000 SF
Lot
5.5 ac (239,580 SF)
Zoning code
BA
APN
NHVN M:422 B:1172 L:00500
UPID
US15-0112880
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
-
Liberty Bank Bank Loan Service
-
Yale New Haven Hospital Medical Laboratory Blood Testing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.25M
Comparable Approach
Comparable
$4.49M
Blend (final)
Blend
$3.88M
Owner & transaction history
State Of Connecticut · 8 yrs held
State Of Connecticut
since 2017
7 recorded transactions
Zoning & alternative use
BA · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,600,000
6.5%
$4,245,000
7%
$3,945,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,420,000
Current use
RESTAURANT
$2,925,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.88M
Range $3.49M – $4.27M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$194 / SF
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
$151,498
Tax year 2023
Assessed value
$4,072,530
Assessed 2023
Previous assessed
$4,072,530
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$1,371,790
Assessed improvement
$2,700,740
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
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1996
Heating
OIL
Cooling
YES
Buildings
3
Stories
1
Units
8
Total area
20,000 SF
Lot
5.5 ac (239,580 SF)
Zoning code
BA
APN
NHVN M:422 B:1172 L:00500
UPID
US15-0112880
Jurisdiction
NEW HAVEN
Zoning & alternative use
BA · New Haven, CT
Zoning BA · permitted uses
BA · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.4M
RESTAURANT
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1996
Heating
OIL
Cooling
Yes
Stories
1
Buildings
3
Units
8
Lot
5.5 ac
Current owner
From public records · entity-resolved
State Of Connecticut
Individual
Free & Clear · 8 yrs held
Mailing address
1768 LITCHFIELD TPKE, WOODBRIDGE, CT 06525-2368
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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 12, 2017
$5,000
State Of Connecticut
Acl & Smartyale LLC
Warranty Deed
—
Aug 19, 2002
$575,000
Bank Of S Connecticut
Taco Bell America INC
Warranty Deed
related
—
May 8, 2001
$337,114
Taco Bell Of Amer INC
Tacala North INC
Warranty Deed
—
Feb 9, 1999
—
Tacala North INC
—
Deed Of Trust
related
$892,000 · Franchise Mortgage Acceptance
Dec 15, 1997
—
Acl/smartyale LLC
—
Deed Of Trust
related
$4,440,000 · Worth Funding INC
Nov 18, 1997
—
Tacala North INC
—
Deed Of Trust
related
$930,000 · Franchise Mortgage Acceptance
Nov 6, 1997
$380,000
Tacala North INC
Acl/smartyale LLC
Warranty Deed
—
Apr 1, 1996
$825,000
Acl Smartyale INC
Pinson,jacob
Warranty Deed
$4,300,000 · Nationsbank
Jul 20, 1990
$140,000
Jacob Pinson
Levin,nehemia
Grant Deed
—
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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