This exceptional 6,000-square-foot warehouse, located at 86 Fitch Street in New Haven, Connecticut, presents a compelling investment opportunity. Classified as a Class C industrial property, this single-tenant building sits on one acre of land in New Haven County, zip code 06515. The warehouse boasts a single story design and underwent renovations in the year 2000. Its functionality is further enhanced by its classification as both a warehouse and distribution center, making it suitable for a variety of logistical operations. The property's size and location within New Haven offer excellent accessibility to major transportation routes, streamlining distribution and logistics. The building's 6,000 square feet provide ample space for storage and operational needs. This property is ideal for businesses seeking a well-maintained, single-tenant warehouse in a strategic location within New Haven. The property's single-tenant occupancy provides stability and ease of management. The 2000 renovation ensures the building is equipped with modern features and systems, enhancing its operational efficiency. This presents a rare opportunity to acquire a functional and well-situated industrial property in a thriving Connecticut market. Interested parties are encouraged to inquire for further details and scheduling a viewing.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$381,079
6.5%
$351,765
7%
$326,639
Comparable approach
Method
Valuation
Relative Method
$516,285
Geo Method
$516,285
Alternative Use
Use
Valuation
Residential
$296,727
Hospitality
$271,800
Educational
$226,135
Medical
$233,912
Retail
$351,765
Location Insight
City
New Haven
County
New Haven
State
Connecticut
Latitude
41.327
Longitude
-72.9551
CBSA code
35300
CBSA name
NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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