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Property profile & analytics
OFF-MARKET
Estimated value
$11,195,000
Commercial real estate
250 Barnum Ave Cutoff Stratford, CT 06614-5152
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US15-0793693
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2002
Total area
63,226 SF
Lot
6.52 ac (284,011 SF)
Zoning code
CA
APN
STRA M:50-10 B:3 L:2
UPID
US15-0793693
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Nutmeg State Financial Credit Union Credit Union
-
ShopRite Pharmacy of Stratford Pharmacy
-
higi Medical Clinic
-
Coinstar Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.30M
Blend (final)
Blend
$11.20M
Owner & transaction history
Charter Stratford LLC · 24 yrs held
Charter Stratford LLC
since 2002
2 recorded transactions
Zoning & alternative use
CA · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.2M
+54.5%
Auto repair, garage
$14.8M
+40.5%
Retail stores
$11.8M
+11.8%
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
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
COMMERCIAL (GENERAL)
$10,510,000
Current use
RESTAURANT
$16,240,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$14,770,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$11,750,000
Change: +12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$10,020,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$11.20M
Range $10.08M – $12.31M · ±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
$177 / 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
$340,494
Tax year 2023
Assessed value
$8,470,000
Assessed 2023
Previous assessed
$8,470,000
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed improvement
$8,470,000
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
63,226 SF
Lot
6.52 ac (284,011 SF)
Zoning code
CA
APN
STRA M:50-10 B:3 L:2
UPID
US15-0793693
Jurisdiction
STRATFORD
Zoning & alternative use
CA · Stratford, CT
Zoning CA · permitted uses
CA · Stratford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stratford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.5M
RESTAURANT
Est. value
$16.2M
AUTO REPAIR, GARAGE
Est. value
$14.8M
RETAIL STORES
Est. value
$11.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.0M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
6.52 ac
Current owner
From public records · entity-resolved
Charter Stratford LLC
Entity
Mailing address
33 NORTHFIELD AVE, EDISON, NJ 08837-3806
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2002
$6,000,000
Charter Stratford LLC
Stfd Rlty LLC
Warranty Deed
$11,000,000 · Zenon Grzybowski
Feb 17, 2000
$2,557,036
Stfd Realty LLC
Raymark Industries INC
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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