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Financial
Distress signals
Property profile

2 Thorn St New Haven, CT 06519

FOR LEASE
Other industrial properties
Property ID
US15-0378063
22,172 SF 2.22 ac lot Built 1900
Last sale Mar 2004 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of approximately 2.22 acres and includes a high-bay industrial warehouse building configured for shipping, receiving, and outdoor storage. The facility is equipped with four drive-in doors and a loading dock, with ceiling clear heights ranging from about 12 to 30 feet, supporting varied warehouse and material-handling needs. The site is located off Ella Grasso Boulevard near I-95 Exit 44 in New Haven, with frontage on Columbus Avenue and adjacent to Hill Health, providing…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value$701k
Assessed land$217k
Assessed improvement$484k
Effective rate3.72%

Value estimate

· Oct 2026
$525k
$473k – $578k
AI approach$525k
Submarket $/SF estimate$1.21M
NOI build-up
Gross scheduled income$585k
Vacancy & credit loss−$32k
Operating expenses−$193k
NOI · 5,988,933.33% cap applied$359k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$68/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$50 – $92
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5,988,933.33%
$359k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IL
These districts, in common with other business and industrial districts, are regulated by a set of performance standards prescribing uppe...
General categoryINDUSTRIAL
JurisdictionNEW HAVEN

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm10.5
Computer & Electronic Repair9.7
Tech Support Center9.3

Location

2 Thorn St New Haven, CT 06519
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
96 Barclay, New Haven, CT 06519 $500,000 May 2024 5,000 SF
105 Barclay, New Haven, CT 06519-2032 $500,000 Jun 2023 8,240 SF
51 Longhini, New Haven, CT 06519-1820 $1,125,000 Mar 2023 13,816 SF
808 Washington, New Haven, CT 06519-1825 $1,300,000 Nov 2022 22,000 SF
299 Terminal, New Haven, CT 06519-1800 $450,000 Feb 2020 18,500 SF
155 Adeline, New Haven, CT 06519 $300,000 Jun 2019 11,788 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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