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Property profile & analytics
FOR SALE
Manufacturing properties

266 Morse St Hamden, CT 06517

21,358 SF 1.33 ac lot Built 1962
Entity Owned 1-yr Hold Free & Clear
Property ID
US15-0209176
Property summary
AI-generated overview

This exceptional light industrial property, located at 266 Morse Street in Hamden, Connecticut, presents a unique investment opportunity. The fully leased building offers a substantial 21,488 square feet of clean, bright space, ideal for a variety of industrial uses. The property sits on a generous 1.33-acre lot, providing ample space for operations and parking. With 75 paved parking spaces available, employee and client parking is never a concern. The building features two convenient overhead doors, allowing for easy loading and unloading of goods. High ceilings, measuring 14 feet, provide ample vertical space for storage and operations. The property benefits from three-phase power, ensuring sufficient electrical capacity for industrial equipment. All utilities are provided by city services, including gas. The strategic location offers easy access to major transportation arteries, including the Merritt Parkway and I-91, providing excellent connectivity for regional distribution and commuting. This turnkey operation presents a strong cash flow opportunity for an astute investor seeking a stable, fully leased industrial asset in a desirable Connecticut location. The property is offered at $1,499,000.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1962
Construction STEEL FRAME
Total area 21,358 SF
Lot 1.33 ac (57,935 SF)
Zoning code R5 N
APN HAMD M:2126 B:162 L:00-0000
UPID US15-0209176
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
  • Greater Glory Ministries Hamden/New Haven Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$459k
Blend (final) Blend
$680k
Owner & transaction history
Morse Street Assoc LLC · 1 yrs held
Morse Street Assoc LLC
since 2025
7 recorded transactions
2025
Price N/A
2023
Price N/A
2021
Price N/A
2021
Price N/A
1998
$125,000
1998
Price N/A
1997
$75,000
Zoning & alternative use
R5 N · Hamden, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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