Technical
Financial
Distress signals
Property profile

2625 State St Hamden, CT 06517

OFF-MARKET
Auto shops
Property ID
US15-0435309
6,713 SF 0.58 ac lot Built 1950
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,713 SF
Lot 0.58 ac (25,265 SF)
Zoning code T4
APN HAMD M:2331 B:084 L:00-0000
UPID US15-0435309

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
  • Auto Repair Shop
  • Auto Repair Shop
  • Auto Repair Shop
  • Atm

Location

2625 State St Hamden, CT 06517-3003
Hamden metro Census 165100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$539k
Blend (final) Blend
$325k

Owner & transaction history

since 2013
6 recorded transactions
2013
Price N/A
2013
Price N/A
2007
Price N/A
2006
Price N/A
1994
$250,000
1988
Price N/A

Zoning & alternative use

T4 · Hamden, CT
Zoning description

310.1 Specific to zones T1, T2, T3, T3.5, T4, T5, M, TG, NC a. Buildings in the T1 Zone are not permitted except for limited public use and utility purposes. b. Newly platted lots shall be dimensioned according to t able…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $830,000 +35.9%
Office building $725,000 +19.0%
Apartment house (5+ units) $725,000 +18.8%

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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