Technical
Financial
Distress signals
Property profile

393 Soundview Rd Guilford, CT 06437

FOR SALE
Manufacturing properties
Property ID
US15-0532168
16,864 SF 3.31 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

An industrial warehouse/manufacturing facility totaling 16,864± square feet, configured to include warehouse and/or manufacturing space along with existing culture lab space. The building is reported to be divisible, with flexibility for smaller lab-oriented space (approximately 2,000± square feet) or larger configurations (up to approximately 10,000± square feet). Reported improvements include a replaced roof, updated insulation, and an updated alarm/sprinkler system, along with driveway improvements. Additional infrastructure includes a compressed air system and new security cameras, and the office area has expanded amenities with two additional bathrooms. The loading and operational features include three loading docks and one drive-in door, with clear heights ranging from 14' to 17.6', and the property provides open on-site parking. The facility is described as having easy access to I-95 Exit 59, and prior approvals for a 3-story addition are referenced.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 16,864 SF
Lot 3.31 ac (144,184 SF)
Zoning code I-2
APN GUIL M:35013
UPID US15-0532168

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church
  • Medical Supply Store
  • Industrial Manufacturer Production Facility

Location

393 Soundview Rd Guilford, CT 06437
Guilford metro Census 190100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.39M

Owner & transaction history

since 2023
Last sale
$1.4M
5 recorded transactions
2023
$1.4M
2021
Price N/A
2003
Price N/A
2001
$620,000
1992
Price N/A

Zoning & alternative use

I-2 · Guilford, CT
Top alternative use upside
Office building $2.1M +79.0%
Commercial (general) $1.9M +59.3%
Retail stores $1.8M +53.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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