Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Super regional malls
2332 Broadbridge Ave Stratford, CT 06614
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0611331
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,402 SF
Lot
0.37 ac (16,117 SF)
Zoning code
RS-1
APN
STRA M:30-11 B:7 L:3
UPID
US15-0611331
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Broadbridge Prop LLC · 1 yrs held
Broadbridge Prop LLC
since 2024
Last sale
$700,000
1 recorded transaction
Zoning & alternative use
RS-1 · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ricts. For the purposes of these Regulations, the Town of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity D…
Zone name
One Family Residence
General category
RESIDENTIAL
Zone area
2,397.74 ac
Top alternative use upside
Commercial (general)
$875,000
+306.2%
Restaurant
$785,000
+265.0%
Retail stores
$680,000
+215.9%
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 Stratford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stratford 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Change: +306% · Conversion: Easy
RESTAURANT
$785,000
Change: +265% · Conversion: Difficult
RETAIL STORES
$680,000
Change: +216% · Conversion: Easy
OFFICE BUILDING
$640,000
Change: +199% · Conversion: Moderate
AUTO REPAIR, GARAGE
$590,000
Change: +174% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$570,000
Change: +164% · Conversion: Difficult
MEDICAL BUILDING
$495,000
Change: +131% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Dec 19 2024)
Last sale anchor
$700k
Dec 19 2024
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
$109 / 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
$20,435
Tax year 2023
Assessed value
$508,340
Assessed 2023
Previous assessed
$508,340
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$184,240
Assessed improvement
$324,100
Applied tax rate
114.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
6,402 SF
Lot
0.37 ac (16,117 SF)
Zoning code
RS-1
APN
STRA M:30-11 B:7 L:3
UPID
US15-0611331
Jurisdiction
STRATFORD
Zoning & alternative use
RS-1 · Stratford, CTZoning RS-1 · permitted uses
RS-1 · Stratford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ricts. For the purposes of these Regulations, the Town of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship Boulevard Housing Zone LBHZ Co
Zone name
One Family Residence
General category
RESIDENTIAL
Zone area
2,397.74 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$875,000
RESTAURANT
Est. value
$785,000
RETAIL STORES
Est. value
$680,000
OFFICE BUILDING
Est. value
$640,000
AUTO REPAIR, GARAGE
Est. value
$590,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$570,000
MEDICAL BUILDING
Est. value
$495,000
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
0.37 ac
Current owner
From public records · entity-resolved
Broadbridge Prop LLC
Entity
Free & Clear · 1 yrs held
Mailing address
32 HARBOUR VW PL, STRATFORD, CT 06615-7070
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
$700,000
Broadbridge Prop LLC
Broadbridge Assoc INC
Warranty 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.
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 2332 Broadbridge Ave?
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.
