New search
Property profile & analytics
OFF-MARKET
Estimated value
$40,745,000
Showrooms
545 Long Wharf Dr, New Haven, CT 06511-5960
Entity Owned
~
Est. High Equity
Property ID
US15-0085202
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
STEEL FRAME
Total area
261,465 SF
Lot
1.62 ac (70,567 SF)
Zoning code
IH
APN
NHVN M:205 B:0529 L:00200
UPID
US15-0085202
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
-
Reliant Porta Potties Building Supply
-
Andres Charles R Law Firm
-
Bowerman Richard W Law Firm
-
Dean Volain - Ameriprise Financial Services, LLC Financial Advisor
-
Leclairryan A Pro Corporation: Caldwell Michael G Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$55.51M
Comparable Approach
Comparable
$41.89M
Blend (final)
Blend
$40.75M
Owner & transaction history
Ws545 Lwd LLC
Ws545 Lwd LLC
since 2026
Last sale
$40.0M
5 recorded transactions
Zoning & alternative use
IH · New Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$38.2M
+19.4%
Apartment house (5+ units)
$33.0M
+3.1%
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 New Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New 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
$41,095,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$60,135,000
6.5%
$55,510,000
7%
$51,545,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$32,015,000
Current use
RESTAURANT
$38,235,000
Change: +19% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$33,000,000
Change: +3% · Conversion: Moderate
OFFICE BUILDING
$28,230,000
Change: -12% · Conversion: Easy
RETAIL STORES
$27,780,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$40.75M
Range $36.67M – $44.82M · ±10% · vs last sale $40.00M (Jan 13 2020)
Last sale anchor
$40.00M
Jan 13 2020
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
$156 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,183,051
Tax year 2024
Assessed value
$30,728,600
Assessed 2024
Previous assessed
$30,728,600
+0.0% YoY
Effective rate
3.85%
On assessed value
Assessed land
$4,771,130
Assessed improvement
$25,957,470
Applied tax rate
306.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
9
Units
6
Rooms
27
Total area
261,465 SF
Lot
1.62 ac (70,567 SF)
Zoning code
IH
APN
NHVN M:205 B:0529 L:00200
UPID
US15-0085202
Jurisdiction
NEW HAVEN
Zoning & alternative use
IH · New Haven, CT
Zoning IH · permitted uses
IH · New Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$32.0M
RESTAURANT
Est. value
$38.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$33.0M
OFFICE BUILDING
Est. value
$28.2M
RETAIL STORES
Est. value
$27.8M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
1988
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
9
Buildings
1
Units
6
Rooms
27
Lot
1.62 ac
Current owner
From public records · entity-resolved
Ws545 Lwd LLC
Entity
Mailing address
1 COLUMBUS PLZ, NEW HAVEN, CT 06510-3325
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
—
Ws545 Lwd LLC
545 Real Estate Hldg LLC
Warranty Deed
$20,900,000 · Knight Of Columbus
Jan 13, 2020
—
545 R
545 Long Wharf Hldgs
Warranty Deed
—
Dec 13, 2018
—
545 Long Wharf Drive Hldg
New Boston Long Wharf LLC|fnma
Foreclosure
related
—
Apr 19, 2007
$40,000,000
New Boston Long Wharf LLC
Snet Re INC
Warranty Deed
$33,030,000 · Bank Of America
Apr 19, 2007
$1
Snet Re INC
Long Wharf Drive LLC
Grant Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 545 Long Wharf Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
