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    Property profile & analytics

    240 Indian Riv Rd Ste B7 Orange, CT 06477-3690

    • Office Properties & Spaces
    • 1,616 SF
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US15-0223471
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Springbrook Deli / Deli
    • Peter Chuang, MD / Medical Clinic / Dialysis Center
    • U.S. Renal Care / Dialysis Center
    • Bayode Afolalu, MD / Nephrologist
    • Medical Oncology & Hematology / Medical Laboratory

    Property Details for 240 Indian Riv Rd Ste B7

    Year built
    2008
    Property size
    1,616 SF
    Zone code
    LI-3
    Property type
    Office Properties & Spaces
    APN
    ORAN M:23 B:1 L:1 U:B-7
    APU
    ORANM23B1L1UB7

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $385,000
      7%
      $370,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $355,000
      Geo Method
      $350,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $415,000
      Mixed-Use
      $405,000
      Hospitality
      $350,000
      Educational
      $330,000
      Residential Income
      $410,000
      Energy
      $320,000
      Income-Based Land
      $395,000
      Food Service
      $350,000

    Location Insight

    • Map
    • Local Demand
    City
    Orange
    County
    New Haven
    State
    Connecticut
    Longitude
    -73.0011
    Latitude
    41.2638
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,699
    $0.00
    $176,400
    $176,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $265,000
      1,102 SF

      472 Boston Post Rd Ste, Unit 1

      CONDOMINIUM OFFICES • 1,102 SF
      472 Boston Post Rd Ste, Orange, CT 06477-3518
      View Details
    • Value Estimation
      $320,000
      1,978 SF

      240 Indian Riv Rd Ste B6

      CONDOMINIUM OFFICES • 1,978 SF
      240 Indian Riv Rd Ste B6, Orange, CT 06477-3690
      View Details
    • Value Estimation
      $310,000
      1,628 SF

      240 Indian Riv Rd Ste C7

      CONDOMINIUM OFFICES • 1,628 SF
      240 Indian Riv Rd Ste C7, Orange, CT 06477-3691
      View Details
    • Value Estimation
      $335,000
      2,158 SF

      240 Indian Riv Rd Ste D1

      CONDOMINIUM OFFICES • 2,158 SF
      240 Indian Riv Rd Ste D1, Orange, CT 06477-3691
      View Details
    • Value Estimation
      $1,075,000
      989 SF

      240 Indian Riv Rd Ste B1

      CONDOMINIUM OFFICES • 989 SF
      240 Indian Riv Rd Ste B1, Orange, CT 06477-3690
      View Details
    • Value Estimation
      $285,000
      1,260 SF

      240 Indian Riv Rd Ste D4

      CONDOMINIUM OFFICES • 1,260 SF
      240 Indian Riv Rd Ste D4, Orange, CT 06477-3691
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
      21,840 SF

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      21,840 SF Mixed-Use Building in Orange, CT
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      Specialty property available for purchase.
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    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Versatile Office/Medical Space Available

      1,500 SF space suitable for various professional businesses.
      109 Boston Post Rd, Orange, CT 06477
      View Details
    • $3,000 /Mo
      2,000 SF

      Prime Retail/Office Space Available

      2,000 SF available on busy Route 1 in Orange, CT.
      501 Boston Post Rd, Orange, CT 06477
      View Details
    • $25 SF/Yr
      3,300 SF

      Orange, CT Commercial Space

      3300 SF commercial space suitable for various businesses.
      33 Old Tavern Rd, Orange, CT 06477
      View Details
    • $1,800 /Mo
      6,754 SF

      Turnkey Office Space Available

      Office space for rent in a high-traffic location.
      370 Boston Post Rd, Orange, CT 06477
      View Details
    • $10 SF/Yr
      30,360 SF

      Commercial Space on Miracle Mile

      Professional office space for lease in high-traffic Orange location.
      325 Boston Post Rd, Orange, CT 06477
      View Details
    • $2,000 /Mo

      Route 1 Retail/Office Space

      High-traffic location, ideal for retail or office use.
      153 Boston Post Rd, Orange, CT 06477
      View Details
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    240 Indian Riv Rd Ste B7
    Orange, CT 06477-3690
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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