Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Property profile

117 Water St Stonington, CT 06378

FOR SALE
Other commercial real estate
Property ID
US15-0382107
0.12 ac lot
Last sale Aug 2021 · $895,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Ocean House is an eleven-unit mixed-use historic property comprising seven residential suites and four commercial suites. It is located in Stonington Borough’s Commercial Village District. The residential units are renovated and each includes a fully equipped, appliance package kitchen with a dishwasher and a private laundry. The commercial spaces have off-the-sidewalk entry and glass storefront bays. The building also includes an unfinished walk-up attic with panoramic tri-state water views,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$627k
Assessed land$246k
Assessed improvement$381k
Effective rate1.97%

Value estimate

· Oct 2026
$850k
$765k – $935k
AI approach$825k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$83/SF
County average, outlier-cleaned · 397 recorded sales of this use type
Observed band · Q1–Q3$43 – $131

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PC
JurisdictionSTONINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply8.9
Electrical Service8.9
Law Firm8.4

Location

117 Water St Stonington, CT 06378
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
830 Stonington, Stonington, CT 06378-2524 $1,500,000 Aug 2025 No data
201 Main, Stonington, CT 06378-1005 $575,000 Mar 2025 2,916 SF
47 Main, Stonington, CT 06378 $400,000 Jan 2025 4,369 SF
44 Maritime, Stonington, CT 06378 $12,629,500 Dec 2024 68,206 SF
38 Old Stonington, Stonington, CT 06378 $350,000 Oct 2024 No data
155 Water, Stonington, CT 06378-1212 $1,225,000 Apr 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved