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Property profile & analytics
OFF-MARKET Estimated value $1,690,000
Office Spaces

48 Wellington Rd Milford, CT 06461-1641

10,252 SF Built 1981
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US15-0422635
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1981
Construction STEEL FRAME
Total area 10,252 SF
Zoning code DO10
APN MILF M:113 B:912 L:1-C
UPID US15-0422635
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
  • Yale Medicine Orthopedics and Rehabilitation Physician
  • Diren Arsoy Physician
  • Brianna Fram, MD Physician
  • SEAN C PEDEN Physician
  • Arya Varthi Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.69M
Owner & transaction history
Southport Mob Ventures · 13 yrs held
Southport Mob Ventures
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
DO10 · Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

SECTION 3.6 DESIGN OFFICE DISTRICTS: DO-10 AND DO-25 3.6.1 Permitted Uses : Subject to Site Plan review and to all other applicable provisions and limitations of these Regulations, the Board shall permit the following buildings or uses in Design Office Districts. 3.6.1.1 Subject to Site Plan Approval in accordance with ARTICLE VII herein, offices for executi…

Zone name Design Office
General category UNKNOWN
Zone area 47.68 ac
Source ZONING REGULATIONS
Top alternative use upside
Commercial (general) $1.5M +34.9%
Restaurant $1.5M +30.7%
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