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Property profile & analytics

530 Old Whitfield St Guilford, CT 06437-3441

  • Office buildings
  • 14,754 SF
  • 4.60 lot acres
OFF-MARKET
Last Sale
Dec 27, 2023
Value Estimations
$1,840,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US15-0430325
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • LAM Therapeutics / Biotechnology Company
  • Butterfly Network - Guilford / Medical Equipment Manufacturer
  • The Rothberg Institute / Non-Profit Organization

Property Details for 530 Old Whitfield St

Year built
1954
Construction
FRAME
Lot size
4.60 lot acres
Property size
14,754 SF
Zone code
C-2
Property type
Office buildings
APN
GUIL M:29104
APU
GUILM29104

Description

This exceptional 14,755 square foot commercial building presents a rare opportunity to own a premier waterfront property directly on Long Island Sound in the heart of Guilford, Connecticut. Boasting over 180-degree water views, this unique property offers enormous potential for a wide variety of uses. Currently configured as office/research space, it is ideally suited for corporate headquarters, a marine study school, marine sales and repair operations, a church, or conversion into residential condominiums. Its waterfront location allows for water-dependent uses as well. The 4.6-acre lot provides ample space for expansion or additional development. The property enjoys a highly convenient location, with easy access to train service, Yale University, and Bradley International Airport. It's also situated just 75 miles from New York City. This offering presents a compelling investment opportunity, and there is the possibility of acquiring the adjacent property at 506 Whitfield Street (MLS #24000296) to create a larger compound or small campus. The asking price for this remarkable waterfront asset is $9,750,000. This is a truly exceptional opportunity to acquire a significant piece of Guilford's waterfront real estate.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,909,000
    Market price range: $1.20M - $2.33M
    AI Estimate
    $1,772,000
    Market price range: $1.01M - $2.50M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,865,000
    Current use
    RESTAURANT
    $2,155,000
    Change: +16% Conversion: Moderate
    COMMERCIAL (GENERAL)
    $1,660,000
    Change: -11% Conversion: Easy
    RETAIL STORES
    $1,600,000
    Change: -14% Conversion: Moderate
    APARTMENT HOUSE (5+ UNITS)
    $1,545,000
    Change: -17% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Guilford
County
New Haven
State
Connecticut
Longitude
-72.6631
Latitude
41.2731
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$38,468
$261,660
$1,185,590
$1,447,250
-
$0.00
$0.00
$0.00
More about this property
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