Property summary
This exceptional restaurant opportunity in Milford, Connecticut, presents a unique chance for owner-operators. Located at 290 Old Gate Lane, this 6,771 square foot property boasts a prime location with abundant parking on a 1.6-acre lot. The building features a state-of-the-art three-hood system and two walk-in refrigerators, ensuring efficient and effective kitchen operations. The high visibility location benefits from a significant daily traffic volume of 12,000 vehicles. The property is… being offered for sale by the owner at $1,650,000. The sale includes the entire building, offering a complete turnkey operation. The property is currently available for immediate occupancy, with a projected occupancy date of October 8, 2024. This is an ideal opportunity for an experienced restaurateur looking to establish or expand their business in a thriving Connecticut market. The property's size and features make it suitable for a variety of restaurant concepts. The ample parking ensures customer convenience and accessibility. This is a rare opportunity to acquire a well-equipped, high-traffic restaurant in a desirable location. Don't miss out on this chance to own a successful business in a vibrant community. The property is located in New Haven County, Connecticut, with a zip code of 06460.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,775 SF
- Lot area
- 1.63 ac
- Year built
- 1985
- Stories
- 1
- APN
- MILF M:79 B:811 L:8-G
- Zoning
- ICD
- Assessed value · 2023
- $1,096,140
- Annual tax · 2023
- $29,782
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
3.22 - ICD Interchange Commercial District 3.23 - CBDD Cascade Boulevard Design Development 3.24 - OSAHD-MF Open Space Affordable Housing Development - Multi-Family SECTION 2.2 ZONING MAPS The boundaries of these Zoning…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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