Property profile

442 Forbes Ave New Haven, CT 06512

OFF-MARKET
Industrial properties
Property ID
US15-0926994
3,640 SF 0.34 ac lot Built 1940
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1940
Total area 3,640 SF
Lot 0.34 ac (14,969 SF)
Zoning code BA
APN NHVN M:070 B:0979 L:02100
UPID US15-0926994

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
  • Construction Company General Contractor

Location

442 Forbes Ave New Haven, CT 06512-1932
New Haven metro Census 142700 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$678k
Blend (final) Blend
$450k

Owner & transaction history

since 2020
Last sale
$575,000
6 recorded transactions
2020
$575,000
2002
$470,000
1999
Price N/A
1992
Price N/A
1989
$385,000
1987
$40,000

Zoning & alternative use

BA · New Haven, CT
Zoning description

These districts serve several functions. They provide central concentrations of convenience goods and services for one or more neighborhoods, supplemented by more scattered stores for such goods and services within the n…

General category COMMERCIAL

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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