Property profile

22 Colton Rd East Lyme, CT 06333

OFF-MARKET
Individual retail properties
Property ID
US15-0567001
40,416 SF 8.96 ac lot Built 1979
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Individual retail properties
Use group GYM, HEALTH SPA
Year built 1979
Construction STEEL FRAME
Total area 40,416 SF
Lot 8.96 ac (390,298 SF)
Zoning code LI
APN ELYM M:009.0 B:00012 L:00000
UPID US15-0567001

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Sports School Sports Field & Court
  • Alternative Medicine Practice Spa & Massage Center

Location

22 Colton Rd East Lyme, CT 06333-1435
East Lyme metro Census 716101 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.39M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2022
Last sale
$1.1M
3 recorded transactions
2023
Price N/A
2022
$1.1M
1987
Price N/A

Zoning & alternative use

LI · East Lyme, CT
Zoning description

11 LI LIGHT INDUSTRIAL DISTRICTS 45 11A GATEWAY PLANNED DEVELOPMENT DISTRICT 48 12 SU SPECIAL USE DISTRICTS 71 12A SU-E SPECIAL USE ELDERLY HOUSING DISTRICTS 75 13 REMOVED 82 14 COASTAL AREA MANAGEMENT 83 15 FLOOD HAZARD…

General category INDUSTRIAL

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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