Entity Owned Property summary
AI-generated overview
A retail plaza totaling 38,625 square feet is situated on 4.22 acres, with available tenant spaces that range from approximately 1,550 square feet up to more than 10,000 square feet, indicating a layout suitable for multi-tenant occupancy. Parking is provided at a ratio of about 5 spaces per 1,000 square feet of retail area. The property is located just off I-95 at Exit 90, adjacent to the Mystic Hilton, and across from Mystic Aquarium and Olde Mistick Village, with nearby residential communities and proximity to tourism-oriented destinations. Twelve Tesla charging stations are located at an adjacent property.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
FRAME
Total area
44,400 SF
Lot
6.39 ac (278,348 SF)
Zoning code
TC-80
APN
STON M:163 B:1 L:19
UPID
US15-0869548
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
-
Gym & Fitness Center
-
Industrial Manufacturer Production Facility
-
Pediatrician Physician
-
Physician Medical Clinic
-
Medical Group
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.87M
Owner & transaction history
since 2026
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
TC-80 · Mystic, CT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.87M
Value range
$1.68M – $2.06M
±10% around blend
Estimated value / SF
$42 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$1.68M
blend $1.87M
$2.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
44,400 SF
Lot area
6.39 ac
Year built
1989
Stories
2
APN
STON M:163 B:1 L:19
Zoning
TC-80
Assessed value
$2,504,500
Annual tax
$49,714
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.87M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 397 sales
$83
-49%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $42/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.10M
Move the market yield to see immediate price impact.
Value / SF
$137
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$384k
$7.69M
$5.49M
$4.27M
$427k
$8.54M
$6.10M
$4.74M
$470k
$9.39M
$6.71M
$5.22M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$49,714
Tax year 2023
Assessed value
$2,504,500
Assessed 2023
Previous assessed
$2,962,900
-15.5% YoY
Effective rate
1.98%
On assessed value
Assessed land
$1,103,000
Assessed improvement
$1,401,500
Applied tax rate
372.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
11
Total area
44,400 SF
Lot
6.39 ac (278,348 SF)
Zoning code
TC-80
APN
STON M:163 B:1 L:19
UPID
US15-0869548
Jurisdiction
STONINGTON
Zoning & alternative use
TC-80 · Mystic, CTZoning TC-80 · permitted uses
TC-80 · Mystic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
11
Lot
6.39 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
TC-80
Jurisdiction
Mystic, CT
Recorded code
TC-80
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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