519 Laurel St, East Haven, CT 06512
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LI-3 · East Haven, CTEast Haven. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.