150 Middletown AveNew Haven, CT 06513
- Mixed-use properties
- 2,304 SF
Property Details for 150 Middletown Ave
- Year built
- 1962
- Lot size
- 10.83 AC
- Property size (Sq ft)
- 2,304 SF
- Zone code
- IH
- Property type
- Mixed-use properties
- Property subtype
- Other industrial properties
- APN
- NHVN M:130 B:0839 L:00100
- APU
- NHVNM130B0839L00100
Description
This exceptional industrial property in New Haven, Connecticut, presents a rare opportunity for businesses seeking a strategic location and ample space. Situated at 150 Middletown Ave, 06513, this single-tenant property encompasses a sizable land area ranging from 3 to 5 acres. Its ideal location offers easy access to I-91, making it exceptionally convenient for transportation and logistics. The property's zoning is suitable for distribution and refrigerated/cold storage operations, catering to businesses requiring significant storage capacity. The expansive land area provides ample room for maneuvering large vehicles such as trucks, buses, and cars. This is a unique opportunity to acquire a well-situated industrial property in a thriving Connecticut market. The property's versatility and prime location make it an attractive investment for businesses seeking to establish or expand their operations in the New Haven area. This is a single-tenant property, offering a streamlined and efficient operational environment. The property's size and location make it a highly desirable asset in the competitive commercial real estate market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $472,341
- 6.5%
- $436,007
- 7%
- $404,864
-
Comparable approach
- Method
- Valuation
- Relative Method
- $466,613
- Geo Method
- $466,613
-
Alternative Use
- Use
- Valuation
- Residential
- $436,007
- Hospitality
- $399,380
- Educational
- $332,279
- Medical
- $343,707
- Retail
- $516,879
Location Insight
- City
- New Haven
- County
- New Haven
- State
- Connecticut
- Latitude
- 41.3236
- Longitude
- -72.8884
- CBSA code
- 35300
- CBSA name
- NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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