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    Property profile & analytics

    720 Middletown Ave New Haven, CT 06513

    • Industrial properties
    • 3,360 SF
    • 0.56 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Apr 29, 2024
    $282,900
    Location Intelligence
    Property ID
    US15-0119433
    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

    • Industrial properties

    Property Details for 720 Middletown Ave

    Year built
    1970
    Construction
    STEEL FRAME
    Lot size
    0.56 lot acres
    Property size
    3,360 SF
    Zone code
    RM1
    Property type
    Industrial properties
    APN
    NHVN M:144 B:1048 L:07200
    APU
    NHVNM144B1048L07200

    Description

    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.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $210,000
      6.5%
      $235,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $235,000
      Mixed-Use
      $235,000
      Hospitality
      $195,000
      Educational
      $235,000
      Residential Income
      $205,000
      Energy
      $240,000
      Income-Based Land
      $190,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    New Haven
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.8721
    Latitude
    41.3344
    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
    2023
    $9,544
    $106,680
    $149,870
    $256,550
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation
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      1,150 SF

      64 Thompson St Ste B206

      CONDOMINIUMS (INDUSTRIAL) • 1,150 SF
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    • Value Estimation
      $280,000
      0.61 Acres

      15 Wheelbarrow Ln

      INDUSTRIAL (GENERAL) • 0.61 Acres
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    720 Middletown Ave
    New Haven, CT 06513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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