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Property profile & analytics
OFF-MARKET
Estimated value
$6,920,000
Warehouses
193 Silver Sands Rd East Haven, CT 06512-4124
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0380043
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
58,008 SF
Lot
9.53 ac (415,127 SF)
Zoning code
LI-2
APN
EHAV M:130 B:1314 L:001
UPID
US15-0380043
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
-
The Kitchen Factor Kitchen & Bath Showroom Furniture & Home Goods
-
East Haven & Ridgefield Building Supply - East Haven Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$6.92M
Owner & transaction history
Tenet Equity Funding Spe · 4 yrs held
Tenet Equity Funding Spe
since 2022
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
LI-2 · East Haven, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+148.5%
Commercial (general)
$7.4M
+116.0%
Office building
$6.3M
+83.5%
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 East Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haven 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
$6,620,000
ML approach
$7,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$8,485,000
Change: +148% · Conversion: Difficult
COMMERCIAL (GENERAL)
$7,375,000
Change: +116% · Conversion: Difficult
OFFICE BUILDING
$6,265,000
Change: +83% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,250,000
Change: +83% · Conversion: Difficult
RETAIL STORES
$6,165,000
Change: +81% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,260,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$6.92M
Range $6.23M – $7.61M · ±10% · vs last sale $7.00M (Apr 21 2022)
Last sale anchor
$7.00M
Apr 21 2022
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
$119 / 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
$117,569
Tax year 2023
Assessed value
$3,768,240
Assessed 2023
Previous assessed
$3,768,240
+0.0% YoY
Effective rate
3.12%
On assessed value
Assessed land
$722,400
Assessed improvement
$3,045,840
Applied tax rate
326.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
58,008 SF
Lot
9.53 ac (415,127 SF)
Zoning code
LI-2
APN
EHAV M:130 B:1314 L:001
UPID
US15-0380043
Jurisdiction
EAST HAVEN
Zoning & alternative use
LI-2 · East Haven, CT
Zoning LI-2 · permitted uses
LI-2 · East Haven, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Haven. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$7.4M
OFFICE BUILDING
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
RETAIL STORES
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$5.3M
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
9.53 ac
Current owner
From public records · entity-resolved
Tenet Equity Funding Spe
Individual
Mailing address
193 E SILVER SANDS RD STE #100, EAST HAVEN, CT 06512-4124
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2022
—
Tenet Equity Funding Spe
—
Deed
related
$400,000,000 · Citibank NA
Apr 21, 2022
$7,000,000
Tenet Equity Funding Spe
Rossano Realty LLC
Warranty Deed
—
Dec 11, 2019
—
Rossano Realty LLC
—
Deed
related
$2,100,000 · Wells Fargo Bank NA
Sep 16, 2016
—
East Haven Builders
Coyle,charles
Quit Claim Deed
—
Nov 7, 2008
—
Rossano Realty LLC
—
Deed Of Trust
related
$8,300,000 · Bank Of America
Jan 30, 2004
—
Rossano Realty LLC
—
Deed Of Trust
related
$1,250,000 · New Haven Savings Bank
Aug 16, 2001
—
Rossano Rlty LLC
—
Deed Of Trust
related
$2,000,000 · Citizens Bank Of Ma
Nov 26, 1997
$745,000
Rossano Realty LLC
Ronsal LP
Warranty Deed
$2,500,000 · New Haven Savings Bank
Nov 9, 1993
$450,000
Ronsal Assoc
County Schools INC
Deed Of Trust
related
$340,000 · New Haven 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.
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