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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Industrial properties
232 Amity Rd Woodbridge, CT 06525-2205
Individually Owned
15-yr Hold
Free & Clear
Property ID
US15-0104694
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,570 SF
Lot
1.28 ac (55,757 SF)
Zoning code
GB
APN
WBRD M:02303 B:00030 L:232
UPID
US15-0104694
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
-
SERVPRO of Milford-Orange-Stratford Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.00M
Blend (final)
Blend
$1.22M
Owner & transaction history
Gregory J Geaski · 15 yrs held
Gregory J Geaski
since 2010
6 recorded transactions
Zoning & alternative use
GB · Woodbridge, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.9M
+80.3%
Office building
$1.7M
+57.8%
Apartment house (5+ units)
$1.7M
+57.5%
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 Woodbridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woodbridge 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)
$1,065,000
Current use
COMMERCIAL (GENERAL)
$1,920,000
Change: +80% · Conversion: Difficult
OFFICE BUILDING
$1,680,000
Change: +58% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,680,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$1,655,000
Change: +55% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,410,000
Change: +33% · Conversion: Easy
WAREHOUSE, STORAGE
$915,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±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
$78 / 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
$26,592
Tax year 2023
Assessed value
$589,890
Assessed 2023
Previous assessed
$589,890
+0.0% YoY
Effective rate
4.51%
On assessed value
Assessed land
$247,240
Assessed improvement
$342,650
Applied tax rate
314.0000
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
15,570 SF
Lot
1.28 ac (55,757 SF)
Zoning code
GB
APN
WBRD M:02303 B:00030 L:232
UPID
US15-0104694
Jurisdiction
WOODBRIDGE
Zoning & alternative use
GB · Woodbridge, CT
Zoning GB · permitted uses
GB · Woodbridge, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woodbridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
RETAIL STORES
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$915,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Gregory J Geaski
Individual
Free & Clear · 15 yrs held
Mailing address
232 AMITY RD, WOODBRIDGE, CT 06525-2205
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
232 Amity LLC
—
Deed
related
$1,060,000 · Ion Bank
Jul 12, 2012
—
232 Amity LLC
—
Deed Of Trust
related
$75,000 · Blp Enterprises INC
Sep 2, 2010
$262,600
Gregory J Geaski
Robert E Frankes Ret
Grant Deed
—
Sep 2, 2010
$1
232 Amity LLC
Geaski,gregory J
Grant Deed
related
—
Mar 1, 2000
—
David J Frankes
—
Deed Of Trust
related
$45,000 · Robert E Frankes Ret
Nov 2, 1990
$300,000
Robert E Frankes
Sullivan Booth & Sons
Grant Deed
—
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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