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Property profile & analytics
OFF-MARKET Estimated value $1,095,000
Showrooms

818 1st Ave West Haven, CT 06516-2769

10,375 SF 0.51 ac lot Built 1991
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US15-0647137
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1991
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,375 SF
Lot 0.51 ac (22,425 SF)
Zoning code NB
APN WHAV M:0054 B:0185 L:0000
UPID US15-0647137
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
  • First Avenue Laundromat (Bike/Boat/Book/etc) Store
  • E-Chiban Asian Inc. Restaurant
  • TR Laundromat (Bike/Boat/Book/etc) Store
  • China Sea Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.01M
Blend (final) Blend
$1.10M
Owner & transaction history
Giresun Realty LLC · 3 yrs held
Giresun Realty LLC
since 2022
Last sale
$1.2M
7 recorded transactions
2022
$1.2M
2015
Price N/A
2005
$1.1M
2001
Price N/A
1999
Price N/A
1994
Price N/A
1991
$650,000
Zoning & alternative use
NB · West Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

NB Neighborhood Business RB Regional Business CBD Central Business District SCR Shoreline Commercial Retail VDO Village District Overlay INDUSTRIAL DISTRICTS LM Light Manufacturing IPD Industrial Development DESIGN DISTRICTS RPD Residential Design RCPD Residential - Commercial Design CD Commercial Design SRR Shoreline Retail/Residential Design SDD Shoreline…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 159.71 ac
Source ZONING ORDINANCE
Top alternative use upside
Restaurant $1.5M +49.9%
Office building $1.1M +10.7%
Apartment house (5+ units) $1.1M +10.5%
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