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Property profile & analytics
OFF-MARKET
Retail space
494 Washington Ave North Haven, CT 06473-1313
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0478545
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
FRAME
Total area
2,684 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CB40
APN
NRHV M:090 L:020
UPID
US15-0478545
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
-
Candid Wine & Spirit (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
5 Wa Ave LLC · 8 yrs held
5 Wa Ave LLC
since 2018
7 recorded transactions
Zoning & alternative use
CB40 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,294
Tax year 2023
Assessed value
$192,760
Assessed 2023
Previous assessed
$192,760
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$168,000
Assessed improvement
$24,760
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
2,684 SF
Lot
0.28 ac (12,197 SF)
Zoning code
CB40
APN
NRHV M:090 L:020
UPID
US15-0478545
Jurisdiction
NORTH HAVEN
Zoning & alternative use
CB40 · North Haven, CT
Zoning CB40 · permitted uses
CB40 · 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.
Building & site characteristics
From public records
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
5 Wa Ave LLC
Entity
Mailing address
1180 N COLONY RD, WALLINGFORD, CT 06492-1730
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2018
—
5 Wa Ave LLC
5 Wa Ave LLC
Quit Claim Deed
related
—
Apr 4, 2018
$850,000
5 Washington Avenue LLC
494-5 Washington Ave LLC
Warranty Deed
—
Jun 19, 2013
—
494-500 Washington Av LLC
Bank Of Southern Ct
Quit Claim Deed
related
$300,000 · Bank Of Southern Conn
Jun 20, 2012
—
Bank Of Southern Ct
Smv Building Assoc LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Apr 15, 2010
—
Smv Building Assoc
—
Deed Of Trust
related
$200,000 · Steven Vincent
May 19, 2005
—
Smv Building Assoc
—
Deed Of Trust
related
$200,000 · Thomas R Elliot
Jul 1, 2003
—
Smv Building Assoc
—
Deed Of Trust
related
$820,000 · Cit Small Business Lending Co
Jan 18, 2001
—
Smu Bldg Assoc LLC
—
Deed Of Trust
related
$300,000 · Union Federal Savings Bank
Dec 6, 1999
—
Smv Bldg Assoc LLC
—
Deed Of Trust
related
$320,000 · Webster Bank
Jun 13, 1996
—
Smv Building Assoc
—
Deed Of Trust
related
$330,000 · At&t Small Business Lending Co
Jun 1, 1995
—
Smv Bldg Assoc
—
Deed Of Trust
related
$37,000 · Peoples Bank
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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