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Property profile & analytics
OFF-MARKET
Estimated value
$3,635,000
Retail space
245 Amity Rd Woodbridge, CT 06525-2258
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0018633
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
FRAME
Total area
33,329 SF
Lot
2.45 ac (106,722 SF)
Zoning code
DEV1
APN
WBRD M:02303 B:00030 L:245
UPID
US15-0018633
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
-
The Red Barn of Woodbridge Book Store Fashion Accessories Store
-
College Application Tune-Up Auto Repair Shop
-
Write Approach (Bike/Boat/Book/etc) Store
-
Dr. Jeffrey A. Arons, M.D. Physician Medical Clinic
-
Infinity Dental Care Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.38M
Blend (final)
Blend
$3.64M
Owner & transaction history
Research Dev At Bradle Rd · 19 yrs held
Research Dev At Bradle Rd
since 2006
4 recorded transactions
Zoning & alternative use
DEV1 · Woodbridge, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.9M
+37.6%
Commercial (general)
$4.1M
+16.1%
Office building
$3.6M
+1.6%
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
RETAIL STORES
$3,540,000
Current use
RESTAURANT
$4,875,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,110,000
Change: +16% · Conversion: Easy
OFFICE BUILDING
$3,600,000
Change: +2% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,590,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,025,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$3.64M
Range $3.27M – $4.00M · ±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
$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
$113,693
Tax year 2023
Assessed value
$2,522,030
Assessed 2023
Previous assessed
$2,522,030
+0.0% YoY
Effective rate
4.51%
On assessed value
Assessed land
$598,010
Assessed improvement
$1,924,020
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
22
Total area
33,329 SF
Lot
2.45 ac (106,722 SF)
Zoning code
DEV1
APN
WBRD M:02303 B:00030 L:245
UPID
US15-0018633
Jurisdiction
WOODBRIDGE
Zoning & alternative use
DEV1 · Woodbridge, CT
Zoning DEV1 · permitted uses
DEV1 · 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
RETAIL STORES Current
Est. value
$3.5M
RESTAURANT
Est. value
$4.9M
COMMERCIAL (GENERAL)
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.0M
RETAIL STORES Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2008
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
22
Lot
2.45 ac
Current owner
From public records · entity-resolved
Research Dev At Bradle Rd
Individual
Mailing address
52 N PEASE RD, WOODBRIDGE, CT 06525-1648
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2012
—
Dev Bradley Rd Research
—
Deed Of Trust
related
$2,950,000 · First Niagara Bank
Mar 28, 2008
—
Dev Bradley Rd Research
—
Deed Of Trust
related
$3,400,000 · Newalliance Bank
Sep 12, 2006
$1
Research Dev At Bradle Rd
Urbano,james
Grant Deed
related
—
—
—
Research Dev At Bradley
—
Deed Of Trust
related
$2,625,000 · Chelsea Groton 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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