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Property profile & analytics
OFF-MARKET
Estimated value
$1,265,000
Office buildings
174 Church St Naugatuck, CT 06770-4120
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US15-0485615
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1896
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,168 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R15
APN
NAUG M:016 L:4010
UPID
US15-0485615
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
-
Terri's Flower Shop (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.27M
Owner & transaction history
Carlton LLC · 25 yrs held
Carlton LLC
since 2001
7 recorded transactions
Zoning & alternative use
R15 · Naugatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+0.7%
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 Naugatuck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naugatuck 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
OFFICE BUILDING
$2,030,000
Current use
COMMERCIAL (GENERAL)
$2,045,000
Change: +1% · Conversion: Easy
RETAIL STORES
$1,970,000
Change: -3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,900,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,650,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.39M · ±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
$70 / 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
$29,073
Tax year 2023
Assessed value
$649,670
Assessed 2023
Previous assessed
$649,670
+0.0% YoY
Effective rate
4.48%
On assessed value
Assessed land
$76,370
Assessed improvement
$573,300
Applied tax rate
346.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1896
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
3
Units
12
Total area
18,168 SF
Lot
0.24 ac (10,454 SF)
Zoning code
R15
APN
NAUG M:016 L:4010
UPID
US15-0485615
Jurisdiction
NAUGATUCK
Zoning & alternative use
R15 · Naugatuck, CTZoning R15 · permitted uses
R15 · Naugatuck, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.0M
RETAIL STORES
Est. value
$2.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1896
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Buildings
1
Units
12
Lot
0.24 ac
Current owner
From public records · entity-resolved
Carlton LLC
Entity
Mailing address
PO BOX 47, NAUGATUCK, CT 06770-0047
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2025
—
Carlton 314 LLC
—
Deed
related
$475,000 · Liberty Bank
Apr 28, 2020
—
Carlton 314 LLC
—
Deed
related
$380,000 · Liberty Bank
Jun 17, 2014
—
Carltol 314 LLC
—
Deed Of Trust
related
$233,040 · Naugatuck Valley Sla
Feb 14, 2012
—
Carlton 314 LLC
—
Deed Of Trust
related
$125,000 · Naugatuck Valley Sla
Dec 3, 2010
—
Carlton 314 LLC
—
Deed Of Trust
related
$285,000 · Naugatuck Valley Sla
Jun 4, 2001
$123,562
Carlton LLC
Irirry,hector
Warranty Deed
$240,000 · Naugatuck Valley Sla
Feb 22, 2001
$75,000
Carlton 314 LLC
Antonucci,joe
Grant Deed
—
Apr 2, 1992
$260,000
Fsla First
Delaney,ronald
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
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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