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498 Bradley St East Haven, CT 06512-1474

OFF-MARKET Commercial land Google Maps
1 ac lot
Individually Owned 3-yr Hold Free & Clear
Estimated value (blended)
$55k
Range $50k – $61k (±10%)
Property ID US15-0121993

Property summary

AI-generated overview

This exceptional one-acre vacant lot presents a remarkable opportunity for development in East Haven, Connecticut. Located at 498 Bradley Street, zip code 06512, this property is situated in the Naugatuck Valley county and offers significant potential for residential construction. The lot is zoned LI-2, and prospective buyers are encouraged to contact East Haven Zoning for detailed information regarding permitted building plans and specifications. The property's convenient location provides easy access to major transportation routes, including Route 80 and I-95, ensuring seamless connectivity to surrounding areas. Across the street, newer homes showcase the neighborhood's attractive character and potential for property value appreciation. Priced affordably at $89,900, this land parcel represents an excellent investment opportunity for those seeking to build their dream home or develop a residential project in a desirable East Haven location. The property's size and location make it an ideal canvas for a variety of building projects. Act quickly to secure this exceptional piece of land.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1 ac (43,560 SF)
Zoning code LI-2
APN EHAV M:290 B:3914 L:003
UPID US15-0121993

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$60k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2023
Last sale
$55,000
1 recorded transaction
2023
$55,000

Zoning & alternative use

LI-2 · East Haven, CT
Zoning description

Light Industrial District 2 LI-2 Light Industrial District 3 LI-3 Planned Elderly Facilities District PEFD Planned Elderly Assisted Living Facility PEALF Shoreline Development District #1 S-1 Shoreline Development Area S…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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