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Property profile & analytics
OFF-MARKET
Showrooms
148 Water St Stonington, CT 06378-1321
Individually Owned
18-yr Hold
Free & Clear
Property ID
US15-0710253
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1850
Construction
FRAME
Total area
3,410 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PC
APN
STON M:101 B:10 L:7
UPID
US15-0710253
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
-
Carolyn Yost Estate Jewelry and Stonington Antiques Etcetera (Bike/Boat/Book/etc) Store
-
Carolyn Yost, Independent AVON Representative Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Julie Olson · 18 yrs held
Julie Olson
since 2008
5 recorded transactions
Zoning & alternative use
PC · Stonington, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,261
Tax year 2023
Assessed value
$420,400
Assessed 2023
Previous assessed
$420,400
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$193,200
Assessed improvement
$227,200
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
1850
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Total area
3,410 SF
Lot
0.05 ac (2,178 SF)
Zoning code
PC
APN
STON M:101 B:10 L:7
UPID
US15-0710253
Jurisdiction
STONINGTON
Zoning & alternative use
PC · Stonington, CT
Zoning PC · permitted uses
PC · 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.
Building & site characteristics
From public records
Year built
1850
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
Julie Olson
Individual
Free & Clear · 18 yrs held
Mailing address
PO BOX 368, STONINGTON, CT 06378-0368
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2012
—
Carolyn Yost
—
Deed Of Trust
related
$170,000 · Rfmtc Ret
Mar 15, 2012
—
Carolyn A Yost
—
Deed Of Trust
related
$292,000 · Savings Institute
Feb 15, 2008
$1
Julie Olson
Orkney,neil M
Grant Deed
related
—
Jul 23, 2007
—
Carolyn A Yost
—
Deed Of Trust
related
$15,000 · Savings Institute
Feb 11, 1997
—
Carolyn Yost Orkney
—
Deed Of Trust
related
$292,000 · Savings Institute
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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