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Property profile & analytics
OFF-MARKET
Office buildings
1888 Barnum Ave Stratford, CT 06614-5356
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0235724
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,240 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RM-1
APN
STRA M:30-9 B:4 L:9
UPID
US15-0235724
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
-
Renacer Stratford Spanish Seventh-Day Adventist Church Church
-
123 DRIVE CT Driver And Vehicle Licensing Agency
-
A1-Driving.com | Driving School in Bridgeport/Stratford Training Center Vocational School
-
Church of the Living God “The Good Shepherd (IDVCAV El Buen Pastor) Church
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
A1 Propertycom LLC · 8 yrs held
A1 Propertycom LLC
since 2018
7 recorded transactions
Zoning & alternative use
RM-1 · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship B…
Zone name
Multifamily Residence
General category
RESIDENTIAL
Zone area
869.49 ac
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 Stratford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stratford 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
$8,332
Tax year 2023
Assessed value
$207,270
Assessed 2023
Previous assessed
$207,270
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$121,590
Assessed improvement
$85,680
Applied tax rate
114.0000
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
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Total area
3,240 SF
Lot
0.22 ac (9,583 SF)
Zoning code
RM-1
APN
STRA M:30-9 B:4 L:9
UPID
US15-0235724
Jurisdiction
STRATFORD
Zoning & alternative use
RM-1 · Stratford, CTZoning RM-1 · permitted uses
RM-1 · Stratford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship Boulevard Housing Zone LBHZ Commercial Limited Business (Civic Center) LB Limited Bu
Zone name
Multifamily Residence
General category
RESIDENTIAL
Zone area
869.49 ac
Building & site characteristics
From public records
Year built
1991
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
A1 Propertycom LLC
Entity
Mailing address
1888 BARNUM AVE, STRATFORD, CT 06614-5356
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2018
$227,500
A1 Propertycom LLC
J K Labroad T
Trustees Deed
—
May 27, 2014
—
1888 Gs T Barnum
—
Deed Of Trust
related
$127,000 · Robert Trentacoste
Feb 24, 2014
—
1888 Gs T Barnum
Willowbrook Holdings LLC
Deed In Lieu Of Foreclosure
related
—
Sep 28, 2007
—
Willow Brook Holdings LLC
—
Deed Of Trust
related
$322,500 · Newport Fsb
Feb 23, 2006
—
Willow Brook Holdings LLC
—
Deed Of Trust
related
$225,000 · Orthern Funding
Sep 11, 2003
—
Willowbrook Holdings LLC
—
Deed Of Trust
related
$70,500 · Orthern Funding
Mar 24, 2003
—
Willowbrook Holding LLC
—
Deed Of Trust
related
$250,000 · Orthern Funding
Mar 8, 2001
$123,000
Michael Gosselin
Summit Securities INC
Warranty Deed
$123,000 · Columbia National INC
Jun 20, 1990
—
1888 Barnum Ave INC
—
Deed Of Trust
related
$300,000 · Whitney Bank & Trust Co
Oct 20, 1989
$155,000
Ganim,david Tr
Hull,virginia
Grant Deed
—
—
—
Barnum 1888 Trust
—
Deed Of Trust
related
$42,000 · Robert Trentacoste
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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