990 Naugatuck Ave Milford, CT 06461
Industrial properties
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Entity Owned
5-yr Hold
~
Est. High Equity
For Sale
Contact for pricing
990 Naugatuck Ave, Milford, CT 06461
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Estimated value (blended)
$335k
Range $302k – $369k (±10%)
Property ID
US15-0094092
Property summary
AI-generated overview
This exceptional 8.03-acre waterfront commercial property in Milford, CT, presents a significant development opportunity. Located within the Housatonic Design District (HDD) zoning, the site includes two parcels: a 2.32-acre vacant lot and a 5.71-acre parcel with three existing commercial buildings totaling 21,418 square feet, built in 1920. These buildings offer flexibility
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot
5.71 ac (248,728 SF)
Zoning code
HDD
APN
MILF M:40 B:300 L:2
UPID
US15-0094092
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Waste Management Facility Hazardous Waste Disposal
-
Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$335k
Owner & transaction history
since 2021
7 recorded transactions
Zoning & alternative use
HDD · Milford, CT
Zoning description
3.12 - HDD Housatonic Design District 3.13 - WDD Waterfront Design District 3.14 - OS Open Space 3.15 - BEZ Beach Erosion Zone CDD - Corridor Design Development Districts 3.16 - CDD-1 Community Design 3.17 - CDD-2 Devon…
General category
UNKNOWN
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$335k
Value range
$302k – $369k
±10% around blend
Confidence
Property data
50
Market benchmarks
67
Comparable evidence
60
$302k
blend $335k
$369k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
5.71 ac
APN
MILF M:40 B:300 L:2
Assessed value
$695,030
Annual tax
$18,884
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$335k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 85 sales
$151
—
County 975 sales
$113
—
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$695k
Move the market yield to see immediate price impact.
Value / SF
—
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$44k
$876k
$626k
$487k
$49k
$973k
$695k
$541k
$54k
$1.07M
$765k
$595k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,884
Tax year 2023
Assessed value
$695,030
Assessed 2023
Previous assessed
$695,030
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$649,520
Assessed improvement
$45,510
Applied tax rate
333.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Heating
NONE
Cooling
YES
Buildings
3
Units
1
Lot
5.71 ac (248,728 SF)
Zoning code
HDD
APN
MILF M:40 B:300 L:2
UPID
US15-0094092
Jurisdiction
MILFORD
Zoning & alternative use
HDD · Milford, CTZoning HDD · permitted uses
HDD · Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
3.12 - HDD Housatonic Design District 3.13 - WDD Waterfront Design District 3.14 - OS Open Space 3.15 - BEZ Beach Erosion Zone CDD - Corridor Design Development Districts 3.16 - CDD-1 Community Design 3.17 - CDD-2 Devon…
General category
UNKNOWN
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
1
Lot
5.71 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
HDD
UNKNOWN
Jurisdiction
Milford, CT
Recorded code
HDD
Official district
HDD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HDD in Milford, CT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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