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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Showrooms
129 Main St, Old Saybrook, CT 06475-2377
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0113898
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1753
Construction
FRAME
Total area
7,912 SF
Lot
0.31 ac (13,504 SF)
Zoning code
B-1
APN
OSAY M:037 B:015 L:
UPID
US15-0113898
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
-
Gozzi Law Offices Law Firm
-
Lighthouse Home Health Care Home Health Care Service
-
NATHAN WADE SCOTT Physician
-
Mountview Apartments Apartment Building
-
SHANE THOMAS RIDGE Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$935k
Blend (final)
Blend
$935k
Owner & transaction history
Akkadian Prop LLC · 1 yrs held
Akkadian Prop LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
B-1 · Old Saybrook, 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 Old Saybrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Saybrook 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
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.10M (Apr 23 2024)
Last sale anchor
$1.10M
Apr 23 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
$118 / 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
$14,315
Tax year 2023
Assessed value
$700,000
Assessed 2023
Previous assessed
$700,000
+0.0% YoY
Effective rate
2.05%
On assessed value
Assessed land
$268,200
Assessed improvement
$431,800
Applied tax rate
274.0000
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
1753
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
6
Total area
7,912 SF
Lot
0.31 ac (13,504 SF)
Zoning code
B-1
APN
OSAY M:037 B:015 L:
UPID
US15-0113898
Jurisdiction
OLD SAYBROOK
Zoning & alternative use
B-1 · Old Saybrook, CT
Zoning B-1 · permitted uses
B-1 · Old Saybrook, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Saybrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1753
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
6
Lot
0.31 ac
Current owner
From public records · entity-resolved
Akkadian Prop LLC
Entity
Mailing address
88 RYDERS LN, STRATFORD, CT 06614-1666
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
$1,100,000
Akkadian Prop LLC
Ryders Partners LLC
Warranty Deed
$888,000 · Ryders Partners L
Apr 29, 2011
$800,000
Ryders Prtnrs LLC
129 Main Street LLC
Warranty Deed
—
Apr 29, 2011
$500,000
Margaret Sbriglio
Ryders Prtnrs LLC
Warranty Deed
—
Jul 2, 2007
$1,100,000
129 Main Street LLC
Main Street Capital LLC
Warranty Deed
$825,000 · Essex Savings Bank
Jun 13, 2006
—
Main Street Capital LLC
—
Deed Of Trust
related
$160,000 · Essex Savings Bank
Jun 3, 2003
—
Main Street Capital LLC
—
Deed Of Trust
related
$552,000 · Peoples Bank
Jul 17, 2002
$400,000
Main St Capital LLC
Guille,peta
Warranty Deed
related
$483,000 · Dime Savings Bank Norwich
Sep 1, 1995
$335,000
Peter Guille
Wright,george L
Warranty Deed
$328,000 · Norwich Svgs Soc
Jun 1, 1987
—
Christma E Potter
—
Deed Of Trust
related
$550,000 · Central Bank Savings
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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