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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Medical Office Space
451 State St, North Haven, CT 06473-3070
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0145794
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
FRAME
Total area
9,784 SF
Lot
2.42 ac (105,415 SF)
Zoning code
IL30
APN
NRHV M:026 L:050
UPID
US15-0145794
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
-
Peak Longevity, LLC Crisis Center Medical Clinic
-
CareMEDICA International Medical Clinic
-
Pension Benefit Consultants, Inc Consultant
-
Anna Haven Behavioral Health Services Medical Clinic
-
Ideal Tech Staffing Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$776k
Blend (final)
Blend
$630k
Owner & transaction history
Agm State Street Realty · 8 yrs held
Agm State Street Realty
since 2017
6 recorded transactions
Zoning & alternative use
IL30 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$940,000
+21.9%
Auto repair, garage
$855,000
+10.8%
Apartment house (5+ units)
$825,000
+6.7%
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 North Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North 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
by Request
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$775,000
Current use
RESTAURANT
$940,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$855,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$825,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$800,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$710,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
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
$64 / 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
$33,739
Tax year 2023
Assessed value
$1,033,360
Assessed 2023
Previous assessed
$1,033,360
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$164,220
Assessed improvement
$869,140
Applied tax rate
307.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Total area
9,784 SF
Lot
2.42 ac (105,415 SF)
Zoning code
IL30
APN
NRHV M:026 L:050
UPID
US15-0145794
Jurisdiction
NORTH HAVEN
Zoning & alternative use
IL30 · North Haven, CT
Zoning IL30 · permitted uses
IL30 · North Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$775,000
RESTAURANT
Est. value
$940,000
AUTO REPAIR, GARAGE
Est. value
$855,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$825,000
RETAIL STORES
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$710,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
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
2009
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Lot
2.42 ac
Current owner
From public records · entity-resolved
Agm State Street Realty
Entity
Mailing address
29 WINCHESTER DR, NORTH HAVEN, CT 06473-3465
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Nov 30, 2017
$830,000
Agm State Street Realty
451 State St Assoc LLC
Warranty Deed
—
Mar 13, 2013
—
451 State St Assoc LLC
—
Deed Of Trust
related
$300,000 · Guilford Savings Bank
Jul 7, 2009
$300,000
451 State Street Assoc
Peters,jonathan
Warranty Deed
—
Jul 2, 2009
—
451 State Street Assoc
—
Deed Of Trust
related
$375,000 · James Slavin
Aug 3, 2004
$300,000
451 State St Assoc
Peters,jonathan
Warranty Deed
—
Jan 19, 1999
$155,000
Jonathan Peters
Calosso,frank B
Warranty Deed
$125,000 · Zenon Grzybowski
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.
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