Property profile

973 State St New Haven, CT 06511

OFF-MARKET
Showrooms
Property ID
US15-1192631
3,628 SF 0.06 ac lot Built 1900
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This commercial retail space is located in the East Rock neighborhood on State Street between Edwards Street and Hines Place. The unit occupies the first floor and includes a storefront with large floor-to-ceiling display windows and overhead signage for street visibility. Interior amenities include central air and ceiling fans, with access to public restrooms. The space is approximately 1,228 square feet and is configured to include two off-street parking spots. Utility and trash responsibilities are handled by the tenant for gas, electric, and CAM trash service.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1900
Construction FRAME
Total area 3,628 SF
Lot 0.06 ac (2,523 SF)
Zoning code BA
APN NHVN M:198 B:0604 L:00400
UPID US15-1192631

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

973 State St New Haven, CT 06511-3929
New Haven metro Census 142100 NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2005
4 recorded transactions
2025
Price N/A
2005
$1.3M
2005
Price N/A
1995
Price N/A

Zoning & alternative use

BA · New Haven, CT
Zoning description

These districts serve several functions. They provide central concentrations of convenience goods and services for one or more neighborhoods, supplemented by more scattered stores for such goods and services within the n…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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