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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Showrooms
127 Wheeler Rd Stonington, CT 06378-2013
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-0507234
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1800
Total area
5,558 SF
Lot
78 ac (3,397,680 SF)
Zoning code
RR-80
APN
STON M:95 B:1 L:1
UPID
US15-0507234
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
-
Grill At Pequot Restaurant
-
Pequot Golf Club Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$545k
Blend (final)
Blend
$560k
Owner & transaction history
Pequot Holdings Two LLC · 15 yrs held
Pequot Holdings Two LLC
since 2011
3 recorded transactions
Zoning & alternative use
RR-80 · Stonington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$765,000
+66.1%
Retail stores
$620,000
+34.9%
Apartment house (5+ units)
$470,000
+2.6%
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 Stonington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stonington 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$460,000
Current use
OFFICE BUILDING
$765,000
Change: +66% · Conversion: Easy
RETAIL STORES
$620,000
Change: +35% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$470,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$101 / 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
$15,492
Tax year 2023
Assessed value
$853,100
Assessed 2023
Previous assessed
$671,300
+27.1% YoY
Effective rate
1.82%
On assessed value
Assessed land
$407,300
Assessed improvement
$445,800
Applied tax rate
372.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1800
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
5,558 SF
Lot
78 ac (3,397,680 SF)
Zoning code
RR-80
APN
STON M:95 B:1 L:1
UPID
US15-0507234
Jurisdiction
STONINGTON
Zoning & alternative use
RR-80 · Stonington, CT
Zoning RR-80 · permitted uses
RR-80 · Stonington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stonington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$460,000
OFFICE BUILDING
Est. value
$765,000
RETAIL STORES
Est. value
$620,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$470,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1800
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
78 ac
Current owner
From public records · entity-resolved
Pequot Holdings Two LLC
Entity
Mailing address
127 WHEELER RD, STONINGTON, CT 06378-2013
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
Jun 29, 2011
—
Pequot Holdings Two LLC
—
Deed Of Trust
related
$1 · Peoples Bank
Mar 1, 2001
—
Pequot Holding LP
—
Deed Of Trust
related
$1,980,000 · Peoples Bank
Dec 31, 1997
—
Pequot Holding LP
—
Deed Of Trust
related
$125,000 · Norwich Svgs Soc
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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