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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
2063 Barnum Ave Stratford, CT 06615-5556
Individually Owned
6-yr Hold
Property ID
US15-0167906
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Total area
3,351 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RM-1
APN
STRA M:30-9 B:13 L:32
UPID
US15-0167906
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
-
Housatonic Insurance & Financial Services Insurance Agency
-
County Agency, Inc. Insurance Agency
-
203 606 8776 Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$590k
Blend (final)
Blend
$555k
Owner & transaction history
John V Millo · 6 yrs held
John V Millo
since 2019
7 recorded transactions
Zoning & alternative use
RM-1 · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$785,000
+40.5%
Retail stores
$625,000
+11.8%
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
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
COMMERCIAL (GENERAL)
$555,000
Current use
AUTO REPAIR, GARAGE
$785,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$625,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$166 / 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
$12,061
Tax year 2023
Assessed value
$300,020
Assessed 2023
Previous assessed
$300,020
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$148,890
Assessed improvement
$151,130
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
2
Rooms
12
Bathrooms
4
Total area
3,351 SF
Lot
0.21 ac (9,148 SF)
Zoning code
RM-1
APN
STRA M:30-9 B:13 L:32
UPID
US15-0167906
Jurisdiction
STRATFORD
Zoning & alternative use
RM-1 · Stratford, CT
Zoning 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
Stratford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$785,000
RETAIL STORES
Est. value
$625,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1900
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
2
Rooms
12
Bathrooms
4
Lot
0.21 ac
Current owner
From public records · entity-resolved
John V Millo
Individual
Mailing address
2063 BARNUM AVE, STRATFORD, CT 06615-5556
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2019
—
John V Millo
Bldg Barnum
Quit Claim Deed
related
—
Jul 21, 2017
—
Barnum Professional Build
Millo,john V
Quit Claim Deed
related
—
Jun 30, 2017
—
John V Millo
Barnum Professional Build
Quit Claim Deed
related
$221,000 · Velocity Com'l Cap
Jun 21, 2016
—
Barnum Professional Bldg
Millo,john V
Quit Claim Deed
related
—
Jun 21, 2016
$25,000
Barnum Professional Bldg
Sabo,jonathan
Warranty Deed
$150,000 · Secure Capital Group
Jan 17, 2012
$180,000
John Millo
Elias Castro
Warranty Deed
$135,000 · Pnc Mortgage LLC
Oct 24, 2006
$420,000
Elias Castro
Perez,manuel
Warranty Deed
$420,000 · Aurora Loan Services INC
Jun 1, 2005
$389,000
Manuel Perez
Asik,ali
Warranty Deed
$311,200 · Nation One Mortgage Co INC
May 6, 2003
—
Ali Asik
—
Deed Of Trust
related
$115,000 · Fleet National Bank
Sep 23, 1999
$152,500
Ale Asik
Masella,peter
Warranty Deed
$150,858 · Fleet Mortgage Corp
Apr 22, 1992
—
Peter Masella
—
Deed Of Trust
related
$35,000 · Peoples 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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