Technical
Financial
Distress signals
Property profile

212 Rte 2a Preston, CT 06365

OFF-MARKET
Investment properties
Property ID
US15-0834884
1.06 ac lot
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 1.06 ac (46,174 SF)
Zoning code C-1
APN PRES M:22 B:2A L:212
UPID US15-0834884

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

212 Rte 2a Preston, CT 06365-8217
Preston metro Census 700100 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2017
7 recorded transactions
2019
Price N/A
2017
Price N/A
2011
Price N/A
2011
Price N/A
2010
Price N/A
2007
Price N/A
2000
$125,000

Zoning & alternative use

C-1 · Preston, CT
Zoning description

4.1.6 Commercial (C-1) - This district provides opportunities for a variety of retail and personal service activities to serve the residents of both Preston and the surrounding area. Selection of these areas and the stan…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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