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Property profile & analytics
FOR LEASE
Office buildings
317 Foxon Rd East Haven, CT 06513
Entity Owned
5-yr Hold
Free & Clear
Property ID
US15-0260966
$15 SF/Yr
317 Foxon Rd, East Haven, CT 06513
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Total area
24,272 SF
Lot
2.06 ac (89,734 SF)
Zoning code
R-3
APN
EHAV M:510 B:6035 L:001
UPID
US15-0260966
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
-
Docs Medical Group, Sleep Management - East Haven Medical Clinic
-
Docs Primary Care - East Haven Physician
-
Elizabeth Earley Physician
-
Simkins Industries Inc Logistics Company
-
OCLI Vision East Haven (Ophthalmic Consultants of Connecticut) Eye Care Center Lasik Surgeon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.53M
Blend (final)
Blend
$2.49M
Owner & transaction history
317 Foxon Rd LLC · 5 yrs held
317 Foxon Rd LLC
since 2021
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
R-3 · East Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.6M
+35.5%
Commercial (general)
$2.7M
+4.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haven submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,460,000
ML approach
$2,435,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,620,000
Current use
RESTAURANT
$3,550,000
Change: +35% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,740,000
Change: +4% · Conversion: Easy
RETAIL STORES
$2,580,000
Change: -2% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,540,000
Change: -3% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,200,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.49M
Range $2.24M – $2.73M · ±10% · vs last sale $2.50M (Feb 10 2021)
Last sale anchor
$2.50M
Feb 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$102 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$54,554
Tax year 2023
Assessed value
$1,748,530
Assessed 2023
Previous assessed
$1,748,530
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$167,160
Assessed improvement
$1,581,370
Applied tax rate
326.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2007
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Bathrooms
2
Total area
24,272 SF
Lot
2.06 ac (89,734 SF)
Zoning code
R-3
APN
EHAV M:510 B:6035 L:001
UPID
US15-0260966
Jurisdiction
EAST HAVEN
Zoning & alternative use
R-3 · East Haven, CT
Zoning R-3 · permitted uses
R-3 · East Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Bathrooms
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
317 Foxon Rd LLC
Entity
Free & Clear · 5 yrs held
Mailing address
218 FOXON RD, EAST HAVEN, CT 06513-2034
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2021
$2,500,000
317 Foxon Rd LLC
5 Dees LLC
Warranty Deed
—
Jan 30, 2007
$1
Dees Fire
Dilungo,mark Anthony
Grant Deed
related
—
Mar 8, 2004
$197,000
Mcm Dev LLC
Matthews,kenneth C
Warranty Deed
—
Dec 17, 2003
—
Kenneth Matthews
—
Deed Of Trust
related
$161,500 · Freemont Investment & Loan
Oct 25, 2001
—
Kenneth C Matthews
—
Deed Of Trust
related
$127,500 · Key Bank NA
Jul 5, 2000
$112,000
Kenneth C Matthews
Candelora,ronald J
Warranty Deed
$100,800 · Family Financial Services INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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