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    Property profile & analytics

    442 Forbes Ave New Haven, CT 06512-1932

    • Industrial properties
    • 3,640 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $500,000
    Last Sale
    Jul 20, 2020
    $575,000
    Location Intelligence
    Property ID
    US15-0926994
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Milestone Construction Services LLC / General Contractor

    Property Details for 442 Forbes Ave

    Year built
    1940
    Lot size
    0.34 lot acres
    Property size
    3,640 SF
    Zone code
    BA
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    NHVN M:070 B:0979 L:02100
    APU
    NHVNM070B0979L02100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $600,000
      6.5%
      $620,000
      7%
      $540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $665,000
      Geo Method
      $615,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $670,000
      Retail
      $485,000
      Mixed-Use
      $610,000
      Hospitality
      $615,000
      Educational
      $495,000
      Residential Income
      $650,000
      Energy
      $630,000
      Income-Based Land
      $625,000
      Food Service
      $615,000

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8932
    Latitude
    41.2903
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,579
    $110,740
    $442,470
    $553,210
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      16,445 SF

      192 Forbes Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 16,445 SF
      192 Forbes Ave, New Haven, CT 06512-1613
      View Details
    • Value Estimation
      $435,000
      2,444 SF

      282 Forbes Ave

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,444 SF
      282 Forbes Ave, New Haven, CT 06512-1616
      View Details
    • Value Estimation by Request
      468 SF

      15 Baer Cirb3

      CONDOMINIUMS (INDUSTRIAL) • 468 SF
      15 Baer Cirb3, East Haven, CT 06512-4100
      View Details
    • Value Estimation by Request
      3,510 SF

      400 Waterfront St

      INDUSTRIAL (GENERAL) • 3,510 SF
      400 Waterfront St, New Haven, CT 06512-1717
      View Details
    • Value Estimation by Request
      100,040 SF

      100 Wheeler St

      INDUSTRIAL (GENERAL) • 100,040 SF
      100 Wheeler St, New Haven, CT 06512-1631
      View Details
    • Value Estimation
      $2,485,000
      21,518 SF

      26 Kendall St

      INDUSTRIAL (GENERAL) • 21,518 SF
      26 Kendall St, New Haven, CT 06512-1707
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      Warehouse with office space, convenient location near I-95.
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    • $2,750 /Mo

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      Warehouse space with high ceilings and convenient highway access.
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      Land for Truck/Trailer Storage

      Raw land available for outside storage, easy highway access.
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    • Contact for pricing
      2,775 SF

      Retail Space Near Stop & Shop

      Retail space available in high-traffic shopping center near major routes.
      346-370 Hemingway Ave, E Haven, CT 06512
      View Details

    Property Visit Statistics

    • Visits by month
      7.5k
    • Visitors by month
      3.6k
    • Avg Time on site
      7 min
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    442 Forbes Ave
    New Haven, CT 06512-1932
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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