Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Office buildings
23 Maiden Ln North Haven, CT 06473-2372
Entity Owned
1-yr Hold
Free & Clear
Property ID
US15-0213311
Property summary
AI-generated overview
This exceptional 20,184 square foot office building in North Haven, Connecticut, presents a compelling investment opportunity. Located at 23 Maiden Lane, this three-story property boasts a modern design with a two-story section over a full, finished lower level. Built in 1985 and extensively renovated between 2015 and 2019, the building features a new roof and new HVAC systems (installed 2018-2019). An elevator ensures convenient access to all floors. Ample on-site parking is available for tenants and visitors. The property sits on a 0.69-acre lot and is zoned CA-20, offering flexibility for various uses. Its convenient location provides easy access to I-91 and the Parkway. The building is adaptable, with the owner willing to subdivide the space to meet specific tenant requirements. Priced at $1,650,000 ($81.75/sq ft), this property offers a strong return on investment. This is a rare opportunity to acquire a well-maintained, modern office building in a desirable location.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
13,456 SF
Lot
0.68 ac (29,621 SF)
Zoning code
CA20
APN
NRHV M:067 L:008
UPID
US15-0213311
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
-
North Haven Business Hub+ Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.71M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.52M
Owner & transaction history
Maiden Lane Prop LLC · 1 yrs held
Maiden Lane Prop LLC
since 2025
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
CA20 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
ADOPTED REGS 2-5-07.doc
Top alternative use upside
Restaurant
$2.0M
+23.0%
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 North Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
$1,625,000
ML approach
$1,705,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,600,000
Current use
RESTAURANT
$1,970,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,515,000
Change: -5% · Conversion: Easy
RETAIL STORES
$1,460,000
Change: -9% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,410,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.28M (Oct 2 2024)
Last sale anchor
$1.28M
Oct 2 2024
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
$113 / 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
$32,731
Tax year 2023
Assessed value
$1,002,490
Assessed 2023
Previous assessed
$1,002,490
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$71,540
Assessed improvement
$930,950
Applied tax rate
307.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
13,456 SF
Lot
0.68 ac (29,621 SF)
Zoning code
CA20
APN
NRHV M:067 L:008
UPID
US15-0213311
Jurisdiction
NORTH HAVEN
Zoning & alternative use
CA20 · North Haven, CTZoning CA20 · permitted uses
CA20 · North Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ADOPTED REGS 2-5-07.doc
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1985
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Maiden Lane Prop LLC
Entity
Free & Clear · 1 yrs held
Mailing address
23 MAIDEN LN, NORTH HAVEN, CT 06473-2372
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Maiden Lake Prop LLC
—
Deed
related
$2,000,000 · Ion Bank
Jan 2, 2025
$1,275,000
Maiden Lane Prop LLC
Eitz Zayis Ct LLC
Warranty Deed
—
Oct 21, 2021
$1,650,000
Eitz Zayis Ct LLC
Maiden Group LLC
Warranty Deed
$1,237,500 · Connecticut Community Bank NA
Nov 2, 2004
$2,600,000
Maiden Grp
Branco INC
Warranty Deed
$1,500,000 · Newalliance Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 23 Maiden Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
