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Property profile & analytics
OFF-MARKET
Estimated value
$445,000
Auto shops
863 1st Ave West Haven, CT 06516-2718
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0901031
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
STEEL FRAME
Total area
8,500 SF
Lot
0.71 ac (30,928 SF)
Zoning code
R3
APN
WHAV M:0054 B:0270 L:0000
UPID
US15-0901031
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$445k
Owner & transaction history
First Ave Prop LLC · 2 yrs held
First Ave Prop LLC
since 2023
Last sale
$448,000
5 recorded transactions
Zoning & alternative use
R3 · West Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Retail), R-3(One-Two-Three Family Residence) district and R-2 (Single Family Detached Residence) District to the SD (Shoreline Design) District. Effective 08-10-23 file # ZR 23-90
Zone name
One Two Three Family Residence
General category
RESIDENTIAL
Zone area
714.53 ac
Source
ZONING ORDINANCE
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
$445,000
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$445k
Range $401k – $490k · ±10% · vs last sale $448k (Nov 9 2023)
Last sale anchor
$448k
Nov 9 2023
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
$52 / 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
$13,429
Tax year 2024
Assessed value
$276,780
Assessed 2024
Previous assessed
$276,780
+0.0% YoY
Effective rate
4.85%
On assessed value
Assessed land
$67,970
Assessed improvement
$208,810
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
8,500 SF
Lot
0.71 ac (30,928 SF)
Zoning code
R3
APN
WHAV M:0054 B:0270 L:0000
UPID
US15-0901031
Jurisdiction
WEST HAVEN
Zoning & alternative use
R3 · West Haven, CTZoning R3 · permitted uses
R3 · West Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Retail), R-3(One-Two-Three Family Residence) district and R-2 (Single Family Detached Residence) District to the SD (Shoreline Design) District. Effective 08-10-23 file # ZR 23-90
Zone name
One Two Three Family Residence
General category
RESIDENTIAL
Zone area
714.53 ac
Source
ZONING ORDINANCE
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
First Ave Prop LLC
Entity
Free & Clear · 2 yrs held
Mailing address
863 1ST AVE, WEST HAVEN, CT 06516-2718
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Nov 9, 2023
$448,000
First Ave Prop LLC
Gallipoli Frederick A Est
Deed
—
Jun 3, 2020
—
Frederick Gallipoli
Truffle Props LLC
Warranty Deed
related
—
May 21, 2020
$595,000
Truffle Props LLC
Amstel Assocs LLC
Warranty Deed
—
Jun 22, 2007
$1
Amstel Associates LLC
Stellato,vincent J
Grant Deed
related
—
May 30, 1989
$50,000
Walter Ouellette
Stellato,vincent J
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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