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Property profile & analytics
OFF-MARKET
Estimated value
$2,735,000
Industrial properties
221 Old Gate Ln Milford, CT 06460-3614
Entity Owned
10-yr Hold
Free & Clear
Property ID
US15-0095559
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
STEEL FRAME
Total area
58,892 SF
Lot
12.69 ac (552,776 SF)
Zoning code
ID
APN
MILF M:79 B:810 L:1-A
UPID
US15-0095559
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
-
Waste Conversion Technologies Waste Management Facility Hazardous Waste Disposal
-
WIN Waste Innovations - Milford, CT Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.74M
Owner & transaction history
Ogl Master LLC · 10 yrs held
Ogl Master LLC
since 2016
7 recorded transactions
Zoning & alternative use
ID · Milford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
INDUSTRIAL (GENERAL)
$4,165,000
Current use
WAREHOUSE, STORAGE
$3,465,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.74M
Range $2.46M – $3.01M · ±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
$46 / 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
$96,614
Tax year 2023
Assessed value
$3,555,920
Assessed 2023
Previous assessed
$3,555,920
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$1,882,440
Assessed improvement
$1,673,480
Applied tax rate
333.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1966
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
58,892 SF
Lot
12.69 ac (552,776 SF)
Zoning code
ID
APN
MILF M:79 B:810 L:1-A
UPID
US15-0095559
Jurisdiction
MILFORD
Zoning & alternative use
ID · Milford, CT
Zoning ID · permitted uses
ID · Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1966
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
12.69 ac
Current owner
From public records · entity-resolved
Ogl Master LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 1111, STAMFORD, CT 06904-1111
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2016
—
Ogl Master LLC
—
Deed
related
$5,670,000 · Bankwell Bank
Jun 23, 2016
—
Waste Conversion Tech
—
Deed
related
$240,000,000 · Keybank USA
Jun 9, 2016
—
Ogl Master LLC
—
Deed
related
$2,500,000 · Tunnel Hill Partners
May 23, 2016
—
Ogl Master LLC
Oglat LLC
Quit Claim Deed
related
—
Jan 3, 2013
—
Ogljaf LLC
—
Deed Of Trust
related
$20,000,000 · Lake Erie Group 2 LLC
Apr 13, 2011
—
Oglrgo LLC
—
Deed Of Trust
related
$2,400,000 · Joseph Bria
Jun 4, 2010
$5,500,000
Oglrgo LLC
221 Old Gate Lane LLC
Warranty Deed
$42,500,000 · Comerica Bank
Dec 14, 2006
$1
221 Old Gate Lane LLC
Waste Conversion Tech INC
Warranty Deed
related
—
Jan 29, 1993
—
Resource Rec Stapleton
—
Deed Of Trust
related
$750,000 · Misc Other
Dec 22, 1992
—
Resource Rec Stapleton
—
Deed Of Trust
related
$500,000 · Ct Innovations
Dec 10, 1992
$2,300,000
Resource Rec Stapleton
Richter,charlotte
Warranty Deed
$2,050,000 · Zenon Grzybowski
Dec 10, 1992
—
Resource Rec Stapleton
—
Deed Of Trust
related
$1,700,000 · Ct Development Auth
—
—
Waste Conversion Tech
—
Deed Of Trust
related
$240,000,000 · Keybank USA
—
—
Ogl Master LLC
—
Deed Of Trust
related
$2,500,000 · Tunnel Hill Partners
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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