New search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Commercial land
231 Indian Riv Rd, Orange, CT 06477-3608
Individually Owned
5-yr Hold
Free & Clear
Property ID
US15-1211124
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
2.94 ac (128,066 SF)
Zoning code
SLD
APN
ORAN M:14 B:4 L:1 U:A
UPID
US15-1211124
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Senior Living Advisors · 5 yrs held
Senior Living Advisors
since 2021
Last sale
$589,000
7 recorded transactions
Zoning & alternative use
SLD · Orange, 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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$580,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $589k (Jan 22 2021)
Last sale anchor
$589k
Jan 22 2021
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
—
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
$26,607
Tax year 2023
Assessed value
$823,500
Assessed 2023
Previous assessed
$823,500
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$823,500
Applied tax rate
336.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
2.94 ac (128,066 SF)
Zoning code
SLD
APN
ORAN M:14 B:4 L:1 U:A
UPID
US15-1211124
Jurisdiction
ORANGE
Zoning & alternative use
SLD · Orange, CT
Zoning SLD · permitted uses
SLD · Orange, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.94 ac
Current owner
From public records · entity-resolved
Senior Living Advisors
Individual
Free & Clear · 5 yrs held
Mailing address
31 COGSWELL LN, STAMFORD, CT 06902-1322
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2021
—
Senior Living Advisors
Ct Senior Living 2 LLC
Quit Claim Deed
related
—
Jan 3, 2020
$589,000
Senior Living 2 LLC Trust
Indian Riv Road LLC
Warranty Deed
—
Dec 10, 2019
$589,000
Senior Living 2 LLC Trust
Indian Riv Road LLC
Warranty Deed
—
Aug 17, 2007
$5,500,000
River Rd Indian
Luzz Acres Orange
Warranty Deed
—
Nov 21, 2005
—
Cuzz Acres Orange LP
—
Deed Of Trust
related
$3,665,000 · Cuss Acres 6 T
Oct 26, 2004
—
Cuzz Acres-orange LP
—
Deed Of Trust
related
$3,100,000 · Cuzz Acres V T
Sep 5, 2003
—
Cuzz-acres-orange LP
—
Deed Of Trust
related
$900,000 · Cuzz Acres 3 T
Sep 3, 2003
—
Cuzz-acres-orange LP
—
Deed Of Trust
related
$18,000 · Zaj LLC
Nov 3, 2000
—
Cuzz Acres Organge Ltd
—
Deed Of Trust
related
$830,000 · Ginsberg&battitz
Dec 13, 1999
—
Cuzz-acres-orange LP
—
Deed Of Trust
related
$200,000 · Cuzz-acres T
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 231 Indian Riv Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
