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Property profile & analytics
OFF-MARKET
Showrooms
239 Williams St New London, CT 06320-5751
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-1298741
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1890
Construction
FRAME
Total area
6,954 SF
Lot
0.26 ac (11,445 SF)
APN
NLON M:F10 B:0249 L:0010
UPID
US15-1298741
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
-
Blue Mill Construction General Contractor
-
Neighborworks New Horizon Housing Authority
-
Be On Purpose Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Great Equity Corp · 2 yrs held
Great Equity Corp
since 2023
Last sale
$295,000
7 recorded transactions
Zoning & alternative use
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 New London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,947
Tax year 2024
Assessed value
$252,600
Assessed 2024
Previous assessed
$252,600
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$71,500
Assessed improvement
$181,100
Applied tax rate
384.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
STEAM
Buildings
1
Stories
3
Units
9
Total area
6,954 SF
Lot
0.26 ac (11,445 SF)
APN
NLON M:F10 B:0249 L:0010
UPID
US15-1298741
Jurisdiction
NEW LONDON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
STEAM
Stories
3
Buildings
1
Units
9
Lot
0.26 ac
Current owner
From public records · entity-resolved
Great Equity Corp
Entity
Free & Clear · 2 yrs held
Mailing address
239 WILLIAMS ST, NEW LONDON, CT 06320-5751
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2023
$295,000
Great Equity Corp
Williams 239 LLC
Warranty Deed
—
Apr 3, 2023
$295,000
Williams 239 LLC
Mclaughlin Companies LLC
Warranty Deed
—
Aug 12, 2009
$40,000
New London Partners LLC
Stevenson,neomia W
Grant Deed
—
Jul 9, 2003
$330,000
Eat 2002-030 LLC
University Capital LLC
Warranty Deed
—
Oct 1, 2002
$250,000
University Capital LLC
Ellis,john C
Warranty Deed
related
$210,000 · Dime Savings Bank Norwich
Dec 30, 1997
—
Jane G Ellis
—
Deed Of Trust
related
$65,000 · Citizens Mortgage INC
Nov 4, 1988
—
John C Ellis
—
Deed Of Trust
related
$350,000 · Ne Federal Savings Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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