720 Middletown Ave New Haven, CT 06513
This exceptional 3,360-square-foot industrial flex space, situated on a 0.7-acre lot at 720 Middletown Ave, New Haven, CT 06513, presents a compelling investment opportunity. Built in 1970, the property boasts a single building with a permitted IL zoning designation, ideal for a variety of commercial and industrial uses. The warehouse features two 14-foot overhead doors providing ample access for trucks and vehicles, with a 40+ foot depth. A significant advantage is the inclusion of a 1,200-square-foot covered loading platform and substantial laydown space. The building also includes a heated and air-conditioned office area with a bathroom and additional storage space above the office. The property offers gated access for enhanced security. The 0.7-acre lot comprises a 0.56-acre parcel plus an additional contiguous 0.14-acre lot (with a separate address). The high ceilings, measuring 18 feet, provide excellent vertical space. This property is perfect for truck/vehicle maintenance, industrial shops, storage, or other permitted commercial/industrial uses. The warehouse is also available for lease at $2200/month. This property offers a unique blend of warehouse and office space, making it a versatile option for a range of businesses.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RM1 · New Haven, CTNew 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.