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Financial
Distress signals
Property profile

9 Washington Ave Hamden, CT 06518

FOR LEASE
Office buildings
Property ID
US15-0064210
30,320 SF 1.73 ac lot Built 1989
Last sale May 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 3-story, Class B medical office building at 9 Washington Ave, Hamden, CT 06518, offers two available suites totaling 3,899 square feet. The building, constructed in 1989, features 35,166 total square feet across 11 suites, situated on a 1.73-acre lot. Individual suites range from a minimum of 1,478 square feet to a maximum contiguous space of 2,421 square feet. Both available suites are located on the second floor and offer elevator access. The building is conveniently located in…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$174k
Tax billed · 2023
Assessed value$3.09M
Assessed land$571k
Assessed improvement$2.52M
Effective rate5.64%

Value estimate

· Oct 2026
$5.93M
$5.33M – $6.52M
CAP approach$7.55M
Submarket $/SF estimate$4.19M
NOI build-up
Gross scheduled income$39k
Vacancy & credit loss−$9k
Operating expenses−$7k
NOI · 83,025.93% cap applied$22k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$108/SF
Submarket average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$73 – $138

Cap rate analysis

How does the asset earn?
83,025.93%
$22k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
T4T5
JurisdictionHAMDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.6
Food Market11.5
Grocery Store10.3

Location

9 Washington Ave Hamden, CT 06518
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2750 Whitney, Hamden, CT 06518-2504 $559,000 Jan 2025 3,583 SF
2404 Whitney, Hamden, CT 06518-3276 $530,000 Nov 2024 3,184 SF
2612 Whitney, Hamden, CT 06518-3033 $260,000 Jul 2024 2,218 SF
2494 Whitney, Hamden, CT 06518-3051 $550,000 Oct 2023 4,568 SF
2620 Whitney, Hamden, CT 06518-3033 $685,000 Apr 2023 4,527 SF
2751 Dixwell, Hamden, CT 06518-3321 $850,000 Jan 2022 10,375 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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