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Property profile & analytics
OFF-MARKET
Estimated value
$6,195,000
Showrooms
169 Davenport Ave, New Haven, CT 06519-1319
Individually Owned
14-yr Hold
Free & Clear
Property ID
US15-0423654
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
144,946 SF
Lot
3.84 ac (167,270 SF)
Zoning code
RM2
APN
NHVN M:278 B:0147 L:02000
UPID
US15-0423654
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
-
Advanced Center For Nursing And Rehabilitation Nursing Home
-
Essential Healthcare LLC Corporate Office Financial Advisor
-
Adetola Adedayo MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.56M
Blend (final)
Blend
$6.20M
Owner & transaction history
Advanced Healthcare Props · 14 yrs held
Advanced Healthcare Props
since 2011
6 recorded transactions
Zoning & alternative use
RM2 · 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.20M
Range $5.58M – $6.81M · ±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
$43 / 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
$113,831
Tax year 2023
Assessed value
$3,059,980
Assessed 2023
Previous assessed
$3,059,980
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$432,250
Assessed improvement
$2,627,730
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
4
Units
226
Rooms
15
Total area
144,946 SF
Lot
3.84 ac (167,270 SF)
Zoning code
RM2
APN
NHVN M:278 B:0147 L:02000
UPID
US15-0423654
Jurisdiction
NEW HAVEN
Zoning & alternative use
RM2 · New Haven, CT
Zoning RM2 · permitted uses
RM2 · 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
1915
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
4
Buildings
1
Units
226
Rooms
15
Lot
3.84 ac
Current owner
From public records · entity-resolved
Advanced Healthcare Props
Individual
Free & Clear · 14 yrs held
Mailing address
169 DAVENPORT AVE, NEW HAVEN, CT 06519-1319
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2021
—
169 Davenport Ave Realty
—
Deed
related
$20,000,000 · Dime Community Bank
Mar 27, 2012
—
Advanced Healthcare Props
—
Deed Of Trust
related
$1,000,000 · Zions First National Bank
Jul 29, 2011
$5,414,318
Advanced Healthcare Props
Jewish Home For The Aged
Warranty Deed
—
Jan 16, 2009
—
Jewish Home Aged INC
—
Deed Of Trust
related
$1,250,000 · Worth Funding INC
Oct 3, 2007
—
Jewish Home For Aged INC
—
Deed Of Trust
related
$422,411 · Newalliance Bank
Mar 11, 1997
—
Jewish Home For Aged
—
Deed Of Trust
related
$6,250,000 · Citizens Savings Bank Ct
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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