Property profile

424 Grand Ave New Haven, CT 06513

OFF-MARKET
Industrial properties
Property ID
US15-0469569
20,062 SF 1.62 ac lot Built 1900
Entity Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1900
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 20,062 SF
Lot 1.62 ac (70,567 SF)
Zoning code IH
APN NHVN M:174 B:0736 L:00300
UPID US15-0469569

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
  • Big Box & Wholesale Store Building Supply
  • Factory Industrial Manufacturer

Location

424 Grand Ave New Haven, CT 06513-3842
New Haven metro Census 142300 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$818k
Blend (final) Blend
$410k

Owner & transaction history

since 2003
4 recorded transactions
2007
Price N/A
2004
Price N/A
2003
$230,000
1998
$160,000

Zoning & alternative use

IH · New Haven, CT
Zoning description

These districts have many regulations similar to those in Industry L Districts. They are apt. however, to be more intensively developed and to contain older and heavier industries

General category UNKNOWN

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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