New search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces
15 Boston Post Rd Madison, CT 06443-2131
Trust Owned
6-yr Hold
Free & Clear
Property ID
US15-0064407
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
2014
Total area
6,086 SF
Lot
0.61 ac (26,572 SF)
Zoning code
C
APN
MADI M:44 B:11
UPID
US15-0064407
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
-
ExZ Fitness Studios Gym & Fitness Center
-
Shoreline Tent & Events Rental Equipment Company
-
exzhilarate fitness studios Gym & Fitness Center
-
The Guilford Rental Center Party Supply Store Rental Equipment Company
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
Nicholls Lt Trust · 6 yrs held
Nicholls Lt Trust
since 2019
3 recorded transactions
Zoning & alternative use
C · Madison, 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 Madison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Madison 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
$16,163
Tax year 2023
Assessed value
$539,300
Assessed 2023
Previous assessed
$539,300
+0.0% YoY
Effective rate
3.00%
On assessed value
Assessed land
$202,000
Assessed improvement
$337,300
Applied tax rate
328.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
2014
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Rooms
6
Bathrooms
2
Total area
6,086 SF
Lot
0.61 ac (26,572 SF)
Zoning code
C
APN
MADI M:44 B:11
UPID
US15-0064407
Jurisdiction
MADISON
Zoning & alternative use
C · Madison, CT
Zoning C · permitted uses
C · Madison, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Madison. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2014
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Rooms
6
Bathrooms
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Nicholls Lt Trust
Trust
Free & Clear · 6 yrs held
Mailing address
90 WHISPERING WOODS RD, GUILFORD, CT 06437-3634
Ownership since
2019
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
Feb 19, 2025
—
15 Boston Post Road LLC
—
Deed
related
$475,000 · Xanadu Capital LLC
Oct 25, 2019
—
Nicholls Lt Trust
William B Nicholls
Quit Claim Deed
related
—
Mar 9, 2009
$418,000
15 Boston Post Road LLC
Yeomans,arthur S 3rd
Grant Deed
$520,000 · Guilford Savings Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15 Boston Post Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
