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Property profile & analytics
OFF-MARKET
Estimated value
$5,385,000
Industrial properties
55 Railroad Ave West Haven, CT 06516-4143
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US15-0661659
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
64,616 SF
Lot
6.56 ac (285,754 SF)
Zoning code
LM
APN
WHAV M:0033 B:0053 L:0000
UPID
US15-0661659
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
-
KX Technologies LLC Industrial Manufacturer Production Facility
-
Finity Water Solutions Big Box & Wholesale Store Distribution Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.39M
Blend (final)
Blend
$5.39M
Owner & transaction history
Kx Realty LLC · 24 yrs held
Kx Realty LLC
since 2002
4 recorded transactions
Zoning & alternative use
LM · West Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.0M
+58.3%
Apartment house (5+ units)
$7.0M
+58.0%
Retail stores
$6.9M
+55.8%
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 West Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,410,000
Current use
OFFICE BUILDING
$6,975,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,965,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$6,865,000
Change: +56% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,305,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,860,000
Change: +33% · Conversion: Easy
WAREHOUSE, STORAGE
$3,805,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$5.39M
Range $4.85M – $5.92M · ±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
$83 / 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
$130,199
Tax year 2023
Assessed value
$2,799,370
Assessed 2023
Previous assessed
$2,799,370
+0.0% YoY
Effective rate
4.65%
On assessed value
Assessed land
$518,840
Assessed improvement
$2,280,530
Applied tax rate
311.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
64,616 SF
Lot
6.56 ac (285,754 SF)
Zoning code
LM
APN
WHAV M:0033 B:0053 L:0000
UPID
US15-0661659
Jurisdiction
WEST HAVEN
Zoning & alternative use
LM · West Haven, CT
Zoning LM · permitted uses
LM · West Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.4M
OFFICE BUILDING
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.0M
RETAIL STORES
Est. value
$6.9M
COMMERCIAL (GENERAL)
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.9M
WAREHOUSE, STORAGE
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
6.56 ac
Current owner
From public records · entity-resolved
Kx Realty LLC
Entity
Mailing address
55 RAILROAD AVE, WEST HAVEN, CT 06516-4143
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2002
$1,776,000
Kx Realty LLC
West Haven Indust Pk
Warranty Deed
$1,332,000 · Webster Bank
Jan 2, 1996
—
Fifty Five Assoc
—
Deed Of Trust
related
$70,000 · Eileen Kilstrom
Jan 2, 1991
—
Oscar Spear
—
Deed Of Trust
related
$3,200,000 · Ct Natl Bk
Nov 25, 1987
$5,000
Oscar Spear
West Hvn Indstrl Pk
Grant Deed
—
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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