Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Auto shops
254 Welton St Hamden, CT 06517
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0778245
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,480 SF
Lot
0.34 ac (14,810 SF)
Zoning code
T3
APN
HAMD M:2030 B:074 L:00-0000
UPID
US15-0778245
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$275k
Owner & transaction history
56 Benton LLC · 12 yrs held
56 Benton LLC
since 2014
5 recorded transactions
Zoning & alternative use
T3 · Hamden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
350.1 Specific to zones T2, T3, T3.5, M, TG, NC a. Density on a lot shall be determined by the actual parking provided within the lot as applied to the uses per- mitted in t able 6.1, as well as landscaping, open space, building coverage and pervious surface regulations. 350.2 Specific to zones T4, T5, M, TG, NC a. Maximum density on a parcel shall be determ…
Zone name
Sub Urban Transect Zone
General category
RESIDENTIAL
Zone area
244.50 ac
Source
MergedFile
Top alternative use upside
Commercial (general)
$800,000
+35.9%
Office building
$700,000
+19.0%
Apartment house (5+ units)
$700,000
+18.8%
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 Hamden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hamden 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
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$590,000
Current use
COMMERCIAL (GENERAL)
$800,000
Change: +36% · Conversion: Moderate
OFFICE BUILDING
$700,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$700,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$690,000
Change: +17% · Conversion: Difficult
Blend value · Realmo final
$275k
Range $248k – $303k · ±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
$42 / 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
$19,836
Tax year 2023
Assessed value
$351,820
Assessed 2023
Previous assessed
$351,820
+0.0% YoY
Effective rate
5.64%
On assessed value
Assessed land
$77,910
Assessed improvement
$273,910
Applied tax rate
327.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Total area
6,480 SF
Lot
0.34 ac (14,810 SF)
Zoning code
T3
APN
HAMD M:2030 B:074 L:00-0000
UPID
US15-0778245
Jurisdiction
HAMDEN
Zoning & alternative use
T3 · Hamden, CTZoning T3 · permitted uses
T3 · Hamden, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
350.1 Specific to zones T2, T3, T3.5, M, TG, NC a. Density on a lot shall be determined by the actual parking provided within the lot as applied to the uses per- mitted in t able 6.1, as well as landscaping, open space, building coverage and pervious surface regulations. 350.2 Specific to zones T4, T5, M, TG, NC a. Maximum density on a parcel shall be determined by the availability of effective parking in conjunction with t able 3.4 as it may apply. Such parking shall be provided: i. Within the lot; ii. Along the parking lane corresponding to the lot frontage, or; iii. By purchase or lease for 25 years from a parking lot within 300 feet; iv. In a public parking garage or lot available within 300 feet of the property line. b. Parking requirements shall be adjusted according to the shared parking factor of t able 3.2 to determine the effective parking.8 c. Based on the effective parking available, the density of the projected use shall be determined according to t able 3.1 and t able 3.2. d. At the discretion of the Commission, the effective parking may be further reduced by up to 30% within a
Zone name
Sub Urban Transect Zone
General category
RESIDENTIAL
Zone area
244.50 ac
Source
MergedFile
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$590,000
COMMERCIAL (GENERAL)
Est. value
$800,000
OFFICE BUILDING
Est. value
$700,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$700,000
RETAIL STORES
Est. value
$690,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
56 Benton LLC
Entity
Free & Clear · 12 yrs held
Mailing address
56 BENTON ST, HAMDEN, CT 06517-3907
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 14, 2014
—
56 Benton LLC
—
Deed Of Trust
related
$150,000 · Virgina E Cellura
Feb 3, 2014
—
56 Benton LLC
Zulawski,michael
Quit Claim Deed
related
—
Oct 25, 2013
—
Michael Zulawski
—
Deed Of Trust
related
$79,000 · Market Select INC
Nov 23, 1994
$71,500
Michael Zulawski
Sunkiss Rlty
Grant Deed
$64,350 · Bank Of New Haven
—
—
56 Benton LLC
—
Deed Of Trust
related
$75,000 · Virginia Cellura
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 254 Welton St?
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.
