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Property profile & analytics
FOR LEASE
Industrial properties

285 Nicoll St New Haven, CT 06511

23,100 SF 3.02 ac lot Built 1918
Entity Owned 33-yr Hold Free & Clear
Property ID
US15-0782735
Property summary
AI-generated overview

This exceptional New Haven, Connecticut property, East Rock Center, presents a unique opportunity for businesses seeking custom-built office and lab space. Located at 285 Nicoll St, zip code 06511, this mixed-use development is a revitalized 200,000-square-foot historic industrial complex, meticulously renovated in 2016 while retaining its original 1908 charm. The building offers multiple tenancy options with spaces ranging from a minimum of 2,047 square feet to a maximum contiguous space of 12,851 square feet, providing flexibility for various business needs. Its prime location in New Haven County offers unparalleled convenience, situated minutes from downtown New Haven, Yale University, East Rock Park, and major interstates I-91 and I-95, ensuring easy access for employees and clients. The property's modern infrastructure and adaptable layouts cater to today's business requirements, making it an ideal location for companies seeking a blend of historical character and contemporary functionality. This is a rare opportunity to secure premium office and lab space in a highly desirable location. The property is classified as Retail and Office, specifically Executive Office and Lab Space.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1918
Total area 23,100 SF
Lot 3.02 ac (131,551 SF)
Zoning code IL
APN NHVN M:197 B:0442 L:00200
UPID US15-0782735
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
  • Select Physical Therapy - New Haven Medical Clinic
  • mActivity Fitness Center Gym & Fitness Center
  • EAST ROCK CENTER Property Management Company
  • Rebel Brides CT Wedding Service
  • Ground Up Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.13M
Blend (final) Blend
$1.82M
Owner & transaction history
Narang Realty Co · 33 yrs held
Narang Realty Co
since 1992
1 recorded transaction
1992
$350,000
Zoning & alternative use
IL · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.9M +84.5%
Commercial (general) $2.8M +79.0%
Office building $2.5M +57.8%
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