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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Investment properties
1 Main St, Griswold, CT 06351-2120
Entity Owned
1-yr Hold
Property ID
US15-0653965
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1850
Construction
FRAME
Total area
11,048 SF
Lot
0.24 ac (10,454 SF)
Zoning code
B-C
APN
GRIS M:26 B:8 L:10
UPID
US15-0653965
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dean's Corner Restaurant
-
Brewett City Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.05M
Owner & transaction history
Rising Tides Vent I LLC · 1 yrs held
Rising Tides Vent I LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
B-C · Griswold, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.5M
+116.4%
Retail stores
$1.2M
+75.7%
Apartment house (5+ units)
$790,000
+13.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Griswold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griswold submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,050,000
ML approach
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$700,000
Current use
OFFICE BUILDING
$1,515,000
Change: +116% · Conversion: Easy
RETAIL STORES
$1,230,000
Change: +76% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$790,000
Change: +13% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$675,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.05M (Sep 17 2024)
Last sale anchor
$1.05M
Sep 17 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$95 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,089
Tax year 2024
Assessed value
$331,450
Assessed 2024
Previous assessed
$331,450
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$39,480
Assessed improvement
$291,970
Applied tax rate
382.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1850
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
11
Bathrooms
7
Total area
11,048 SF
Lot
0.24 ac (10,454 SF)
Zoning code
B-C
APN
GRIS M:26 B:8 L:10
UPID
US15-0653965
Jurisdiction
GRISWOLD
Zoning & alternative use
B-C · Griswold, CT
Zoning B-C · permitted uses
B-C · Griswold, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griswold. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$700,000
OFFICE BUILDING
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$790,000
INDUSTRIAL (GENERAL)
Est. value
$675,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
11
Bathrooms
7
Lot
0.24 ac
Current owner
From public records · entity-resolved
Rising Tides Vent I LLC
Entity
Mailing address
1 E MAIN ST, GRISWOLD, CT 06351-2120
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2024
$1,050,000
Rising Tides Vent I LLC
Clark St Capital LLC
Warranty Deed
$840,000 · Dime Bank
Sep 17, 2024
—
Clark St Capital LLC
Clark St Properties LLC
Quit Claim Deed
related
—
Feb 4, 2019
—
Clark St Props LLC
1115 Clark St LLC
Quit Claim Deed
related
—
May 21, 2018
—
1115 Clark Street LLC
G&d Rubino LLC
Warranty Deed
$300,000 · Silver Hill Funding
Feb 8, 2005
—
G&d Rubino LLC
—
Deed Of Trust
related
$300,000 · Citizens Bank Of Ct
Oct 3, 2003
$300,000
G&d Rubino LLC
Lucey,louise
Warranty Deed
$250,000 · Zenon Grzybowski
—
—
Glenn Rubino
—
Deed Of Trust
related
$229,534 · Louis G SR Rubino
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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