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    Property profile & analytics

    1550 Rte 12 Gales Ferry, CT 06335-1861

    • Investment properties
    • 3,316 SF
    • 0.75 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Jun 07, 2022
    $210,000
    Location Intelligence
    Property ID
    US15-0654888
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1550 Rte 12

    Year built
    1966
    Construction
    FRAME
    Lot size
    0.75 lot acres
    Property size
    3,316 SF
    Zone code
    GFDD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    LEDY M:107 B:2120 L:1550
    APU
    LEDYM107B2120L1550

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $190,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $235,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $180,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $215,000
      Mixed-Use
      $205,000
      Hospitality
      $175,000
      Educational
      $215,000
      Residential Income
      $205,000
      Energy
      $175,000
      Income-Based Land
      $215,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Gales Ferry
    County
    New London
    State
    Connecticut
    Longitude
    -72.073
    Latitude
    41.4145
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,984
    $76,580
    $125,510
    $202,090
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,457 SF

      1524 Rte 12

      OFFICE/RESIDENTIAL (MIXED USE) • 4,457 SF
      1524 Rte 12, Gales Ferry, CT 06335-1838
      View Details
    • Value Estimation
      $380,000
      169.05 Acres

      645 Long Cv Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 169.05 Acres
      645 Long Cv Rd, Gales Ferry, CT 06335-2007
      View Details
    • Value Estimation by Request
      728 SF

      1695 Rte 12

      OFFICE/RESIDENTIAL (MIXED USE) • 728 SF
      1695 Rte 12, Gales Ferry, CT 06335-1221
      View Details
    • Value Estimation
      $275,000
      1.76 Acres

      1363 Baldwin Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.76 Acres
      1363 Baldwin Hl Rd, Gales Ferry, CT 06335-1865
      View Details
    • Value Estimation
      $280,000
      3,582 SF

      1602 Rte 12

      OFFICE/RESIDENTIAL (MIXED USE) • 3,582 SF
      1602 Rte 12, Gales Ferry, CT 06335-1864
      View Details
    • Value Estimation by Request
      4,150 SF

      55 Chapman Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 4,150 SF
      55 Chapman Ln, Gales Ferry, CT 06335-1204
      View Details

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    1550 Rte 12
    Gales Ferry, CT 06335-1861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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