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    OFF-MARKET
    Investment properties

    519 Laurel St, East Haven, CT 06512

    21.24 ac lot
    Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US15-0208058
    Property summary
    AI-generated overview

    This exceptional property offers a significant opportunity for businesses seeking ample outdoor storage or logistic parking space. The site encompasses 10+ acres of raw land, ideal for accommodating tractor-trailers, semi-trucks, and storage containers. A substantial, pre-existing stone parking lot provides a secure, level, and dry area for immediate use. The lot's size is flexible, ranging from 43,560 square feet to a substantial 435,600 square feet, catering to various operational needs. Conveniently located with easy access to major highways 95 and 91, this location ensures efficient transportation and logistics. The property is zoned LI-3, suitable for industrial and commercial uses. This single-tenant property offers a cost-effective solution for businesses requiring extensive outdoor storage. Rental rates are competitive, starting at $1000 per month for the larger land parcels. Additionally, individual spots are available for RV, boat, or storage container parking, starting at $200 per month per spot. This versatile property presents a compelling investment opportunity for businesses seeking a strategic location and ample space for their operational requirements. The property is located near Laurel St. Don't miss this chance to secure a prime location for your business's storage and logistical needs.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Lot 21.24 ac (925,214 SF)
    Zoning code LI-3
    APN EHAV M:330 B:4219 L:001
    UPID US15-0208058
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Lingue Bros LLC · 21 yrs held
    Lingue Bros LLC
    since 2005
    1 recorded transaction
    2005
    Zoning & alternative use
    LI-3 · East Haven, CT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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