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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Medical Office Space
52 Washington Ave, North Haven, CT 06473-1724
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US15-0313396
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1966
Construction
FRAME
Total area
11,900 SF
Lot
1.57 ac (68,389 SF)
Zoning code
CB20
APN
NRHV M:067 L:039
UPID
US15-0313396
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
-
Fausto Petruzziello, MD Physician
-
Northeast Medical Group Hospital
-
Washington Medical Center Medical Clinic
-
CareMedica Medical Clinic
-
Antonio D.S. Lopez, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$950k
Owner & transaction history
Nh Medical LLC · 11 yrs held
Nh Medical LLC
since 2014
3 recorded transactions
Zoning & alternative use
CB20 · North Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.4M
+44.3%
Restaurant
$1.1M
+21.9%
Auto repair, garage
$1.0M
+10.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$940,000
Current use
INDUSTRIAL (GENERAL)
$1,355,000
Change: +44% · Conversion: Difficult
RESTAURANT
$1,145,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,040,000
Change: +11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,005,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$975,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$865,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$80 / SF
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
$72,668
Tax year 2023
Assessed value
$2,225,670
Assessed 2023
Previous assessed
$2,225,670
+0.0% YoY
Effective rate
3.26%
On assessed value
Assessed land
$311,080
Assessed improvement
$1,914,590
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1966
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
8
Total area
11,900 SF
Lot
1.57 ac (68,389 SF)
Zoning code
CB20
APN
NRHV M:067 L:039
UPID
US15-0313396
Jurisdiction
NORTH HAVEN
Zoning & alternative use
CB20 · North Haven, CT
Zoning CB20 · permitted uses
CB20 · 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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$940,000
INDUSTRIAL (GENERAL)
Est. value
$1.4M
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
RETAIL STORES
Est. value
$975,000
COMMERCIAL (GENERAL)
Est. value
$865,000
MEDICAL BUILDING Current
INDUSTRIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1966
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
8
Lot
1.57 ac
Current owner
From public records · entity-resolved
Nh Medical LLC
Entity
Mailing address
PO BOX 131, GREENS FARMS, CT 06838-0131
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
—
Nh Medical LLC
—
Deed
related
$2,200,000 · Torrington Savings Bank
Oct 22, 2014
$3,275,000
Nh Medical LLC
Bcfm Realty 2 LLC
Warranty Deed
$2,456,000 · Bankwell Bank
Apr 29, 2004
$1,100,000
Bcfm Realty 2 LLC
Nitz,donald J
Warranty Deed
$775,000 · Zwi Kohorn
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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