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Property profile & analytics
FOR SALE
Assisted living facilities
126 Ford St, Ansonia, CT 06401
Individually Owned
33-yr Hold
Free & Clear
Property ID
US15-0567582
For Sale
$3,250,000
126 Ford St, Ansonia, CT 06401
View Listing →
Property summary
AI-generated overview
This exceptional redevelopment opportunity presents a 47,187 square foot, three-story apartment building situated on a 4.68-acre lot in Ansonia, Connecticut. The property, located at 126 Ford Street, is zoned A (Residential District) and boasts 405 feet of frontage, providing excellent visibility and accessibility. Conveniently located near Route 15/Wilbur Cross Parkway (Exits 57/58), this former 90-bed nursing home offers significant potential for conversion into a multifamily residential complex. The building, constructed in 1993, features 52 units spread across three floors, served by two elevators. While the building structure appears to be in good condition, the interior mechanical systems and roof require retrofitting. The lower level, partially at grade, is currently configured as office space. This property presents a unique chance to capitalize on the strong demand for housing in the area, with ample parking and numerous nearby amenities. The asking price is $3,250,000.
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
47,187 SF
Lot
4.68 ac (203,861 SF)
Zoning code
A
APN
ANSO M:111 B:0009 L:0000
UPID
US15-0567582
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
-
Raad Camille N MD Physician
-
Lim Lionel S MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$890k
Owner & transaction history
Meditrust Of Ct · 33 yrs held
Meditrust Of Ct
since 1992
3 recorded transactions
Zoning & alternative use
A · Ansonia, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Ansonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ansonia 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
by Request
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$890k
Range $801k – $979k · ±10%
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
$19 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$52,659
Tax year 2023
Assessed value
$2,006,830
Assessed 2023
Previous assessed
$2,006,830
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$327,880
Assessed improvement
$1,678,950
Applied tax rate
316.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
For Sale
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
90
Total area
47,187 SF
Lot
4.68 ac (203,861 SF)
Zoning code
A
APN
ANSO M:111 B:0009 L:0000
UPID
US15-0567582
Jurisdiction
ANSONIA
Zoning & alternative use
A · Ansonia, CT
Zoning A · permitted uses
A · Ansonia, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ansonia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
90
Lot
4.68 ac
Current owner
From public records · entity-resolved
Meditrust Of Ct
Individual
Free & Clear · 33 yrs held
Mailing address
173 BRG PLZ N, FORT LEE, NJ 07024-7575
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 1992
—
Robert L Lerman
—
Deed Of Trust
related
$65,000 · Prudential Insurance Co
Aug 11, 1992
$750,000
Meditrust Of Ct
Shelton Svg Bk
Warranty Deed
—
Aug 11, 1992
—
Nursing Southfield
—
Deed Of Trust
related
$7,750,000 · Meditrust Mtg Inv
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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