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    Property profile & analytics

    485 Howard Ave New Haven, CT 06519-2116

    • Showrooms
    • 8,626 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $945,000
    Last Sale
    May 14, 2024
    $928,000
    Location Intelligence
    Property ID
    US15-1004251
    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

    • T Bear Express / Asian Fusion Restaurant / Chinese Restaurant
    • Rice On Fire / Restaurant
    • Choice Auto Insurance / Commercial Agent / Auto Insurance Agency

    Property Details for 485 Howard Ave

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    8,626 SF
    Zone code
    RM2
    Property type
    Showrooms
    APN
    NHVN M:265 B:0052 L:01300
    APU
    NHVNM265B0052L01300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $905,000
      6.5%
      $1,015,000
      7%
      $1,055,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $910,000
      Geo Method
      $1,070,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,025,000
      Retail
      $1,180,000
      Mixed-Use
      $965,000
      Hospitality
      $845,000
      Educational
      $955,000
      Residential Income
      $1,035,000
      Energy
      $955,000
      Income-Based Land
      $915,000
      Food Service
      $1,005,000

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.933
    Latitude
    41.2944
    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
    $16,804
    $21,980
    $429,730
    $451,710
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,601 SF

      680 Howard Ave

      SHOW ROOM, WAREHOUSE • 6,601 SF
      680 Howard Ave, New Haven, CT 06519
      View Details
    • Value Estimation
      $245,000
      1,820 SF

      659 Washington Ave

      SHOW ROOM, WAREHOUSE • 1,820 SF
      659 Washington Ave, New Haven, CT 06519-1912
      View Details
    • Value Estimation
      $210,000
      3,997 SF

      86 2nd St

      SHOW ROOM, WAREHOUSE • 3,997 SF
      86 2nd St, New Haven, CT 06519-2640
      View Details
    • Value Estimation
      $315,000
      500 SF

      670 Ella T Grasso Blvd

      SHOW ROOM, WAREHOUSE • 500 SF
      670 Ella T Grasso Blvd, New Haven, CT 06519-1810
      View Details
    • Value Estimation
      $320,000
      6,048 SF

      604 Ella T Grasso Blvd

      SHOW ROOM, WAREHOUSE • 6,048 SF
      604 Ella T Grasso Blvd, New Haven, CT 06519-1833
      View Details
    • Value Estimation
      $185,000
      1,280 SF

      155 Spg St

      SHOW ROOM, WAREHOUSE • 1,280 SF
      155 Spg St, New Haven, CT 06519
      View Details

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      New Haven Industrial/Retail Opportunity

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    Similar Nearby for Lease

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      New Retail Space Near I-95

      1,000 SF retail space ideal for convenience store or deli.
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      View Details
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      Residential income property available for rent in New Haven.
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      Residential Income Property For Rent

      Residential income property available for rent in New Haven.
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    • $2,500 /Mo

      Renovated Townhouse Near Yale Campus

      Spacious, renovated 3-bedroom townhouse near Yale. Heat and hot water included.
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    • $1,875 /Mo

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      New construction duplex near Yale New Haven Hospital and train.
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      View Details
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    485 Howard Ave
    New Haven, CT 06519-2116
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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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