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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Office buildings
223 Mdw St Naugatuck, CT 06770-4043
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0053358
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,936 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RA1
APN
NAUG M:067 L:9511
UPID
US15-0053358
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
-
Rotatori Jr Peter Law Firm
-
Amity Mortgage LLC Loan Service Bank
-
Balanced Body Chiropractic Center Alternative Medicine Practice
-
Jacqueline Flynn, DC Alternative Medicine Practice
-
Jenny E. Bess, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.25M
Owner & transaction history
223 Meadow Street LLC · 3 yrs held
223 Meadow Street LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RA1 · Naugatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+30.7%
Commercial (general)
$1.3M
+0.7%
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 Naugatuck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Naugatuck 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
$1,185,000
ML approach
$1,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,335,000
Current use
RESTAURANT
$1,745,000
Change: +31% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,345,000
Change: +1% · Conversion: Easy
RETAIL STORES
$1,295,000
Change: -3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,250,000
Change: -6% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,085,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Aug 11 2022)
Last sale anchor
$1.25M
Aug 11 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
$105 / 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
$38,658
Tax year 2023
Assessed value
$863,870
Assessed 2023
Previous assessed
$863,870
+0.0% YoY
Effective rate
4.47%
On assessed value
Assessed land
$87,080
Assessed improvement
$776,790
Applied tax rate
346.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
3
Units
7
Total area
11,936 SF
Lot
0.29 ac (12,632 SF)
Zoning code
RA1
APN
NAUG M:067 L:9511
UPID
US15-0053358
Jurisdiction
NAUGATUCK
Zoning & alternative use
RA1 · Naugatuck, CTZoning RA1 · permitted uses
RA1 · Naugatuck, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
3
Buildings
1
Units
7
Lot
0.29 ac
Current owner
From public records · entity-resolved
223 Meadow Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
223 N MDW ST STE G105, NAUGATUCK, CT 06770-4043
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
Dec 8, 2025
—
223 Meadow Street LLC
—
Deed
related
$765,000 · Windsor Federal Bank
Sep 12, 2022
—
223 Meadow Street LLC
—
Deed
related
$945,000 · Windsor Federal Savings And Loan Assn
Aug 11, 2022
$1,250,000
223 Meadow Street LLC
223 Meadow LLC
Warranty Deed
—
May 27, 2011
—
223 Meadow LLC
—
Deed Of Trust
related
$535,000 · Naugatuck Valley Sla
Jun 9, 2006
—
223 Meadow LLC
—
Deed Of Trust
related
$535,000 · Naugatuck Valley Sla
Nov 1, 2001
$400,000
Meadow LLC
Toretta,paul
Warranty Deed
$320,000 · Naugatuck Valley Sla
Nov 1, 2001
—
Meadow LLC
—
Deed Of Trust
related
$60,000 · Zenon Grzybowski
Jun 22, 1995
$210,000
Paul Toretta
Nineteen Unionoreo
Grant Deed
$220,000 · American Bank Of Conneticut
Dec 1, 1988
—
Paul Toretta
—
Deed Of Trust
related
$750,000 · Union Trust Co
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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