Property profile

229 Pepes Farm Rd Milford, CT 06460

OFF-MARKET
Industrial properties
Property ID
US15-0585511
15,528 SF 2.34 ac lot Built 1985
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1985
Construction STEEL FRAME
Total area 15,528 SF
Lot 2.34 ac (101,930 SF)
Zoning code LI
APN MILF M:80 B:711 L:40-H
UPID US15-0585511

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

229 Pepes Farm Rd Milford, CT 06460-3671
Milford metro Census 151100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$435k
CAP Approach CAP
by Request
Comparable Approach Comparable
$591k
Blend (final) Blend
$435k

Owner & transaction history

since 2025
7 recorded transactions
2025
$1.3M
2016
Price N/A
2008
Price N/A
1998
Price N/A
1995
Price N/A
1992
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Milford, CT
Zoning description

If a lot, with any area zoned LI -30, is approved for a change of zone to OSAHD- MF as provided by this Section, then that area of the lot previously zoned LI -30 will retain all permitted uses as provided by these regul…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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