289 Frnt St New Haven, CT 06513-3203
Entity Owned
5-yr Hold
~
Est. High Equity
Estimated value (blended)
$1.06M
Range $954k – $1.17M (±10%)
Implied cap rate
3.50%
In-place · NOI ÷ last sale
Property ID
US15-0219011
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1900
Construction
WOOD FRAME
Total area
2,387 SF
Lot
0.27 ac (11,772 SF)
Zoning code
BC
APN
NHVN M:159 B:0780 L:00700
UPID
US15-0219011
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.06M
Owner & transaction history
since 2021
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
BC · New Haven, CT
Zoning description
These districts exist to separate out certain waterfront areas which have and are encouraged to be a mix of water-dependent public access, recreational boating, public and private marinas, commercial and recreational fis…
General category
COMMERCIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.06M
Value range
$954k – $1.17M
±10% around blend
Estimated value / SF
$444 / SF
Confidence
High
12 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
$954k
blend $1.06M
$1.17M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,387 SF
Lot area
0.27 ac
Year built
1900
Stories
2
APN
NHVN M:159 B:0780 L:00700
Assessed value
$289,030
Annual tax
$10,752
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$366k
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.9 mi away · 1,698 SF
2.9 mi away · 2,903 SF
12.8 mi away · 2,028 SF
16.9 mi away · 3,100 SF
17.1 mi away · 2,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.06M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 47 sales
$113
+294%
Submarket 364 sales
$123
+260%
County 975 sales
$113
+294%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $444/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
3.50%
Implied, in-place cap rate for this commercial land
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.50%
9.0%
NOI (est.)
$77k *
Last sale · Aug 2021
$1.10M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.20M
Move the market yield to see immediate price impact.
Value / SF
$922
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.00%3.50%4.00%
$69k
$2.31M
$1.98M
$1.73M
$77k
$2.57M
$2.20M
$1.93M
$85k
$2.82M
$2.42M
$2.12M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$330k
0.7 mi · Dec 2025 · $154/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,752
Tax year 2023
Assessed value
$289,030
Assessed 2023
Previous assessed
$289,030
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$289,030
Applied tax rate
306.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1900
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Total area
2,387 SF
Lot
0.27 ac (11,772 SF)
Zoning code
BC
APN
NHVN M:159 B:0780 L:00700
UPID
US15-0219011
Jurisdiction
NEW HAVEN
Zoning & alternative use
BC · New Haven, CTZoning BC · permitted uses
BC · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
These districts exist to separate out certain waterfront areas which have and are encouraged to be a mix of water-dependent public access, recreational boating, public and private marinas, commercial and recreational fis…
General category
COMMERCIAL
Building & site characteristics
From public records
Year built
1900
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Lot
0.27 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BC
COMMERCIAL
Jurisdiction
New Haven, CT
Recorded code
BC
Official district
BC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BC in New Haven, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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