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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Commercial real estate
259 Frogtown Rd New Canaan, CT 06840-4435
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0088681
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1925
Construction
FRAME
Total area
423 SF
Lot
2 ac (87,120 SF)
Zoning code
2AC
APN
NCAN M:0026 B:012 L:00124
UPID
US15-0088681
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
-
Frogtown Nursery & landscape Co. Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.40M
Owner & transaction history
Frog Pond Estates LLC · 2 yrs held
Frog Pond Estates LLC
since 2024
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
2AC · New Canaan, CT
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 Canaan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Canaan 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (Jul 11 2024)
Last sale anchor
$1.40M
Jul 11 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
$3,310 / 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
$12,018
Tax year 2023
Assessed value
$634,550
Assessed 2023
Previous assessed
$634,550
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$569,590
Assessed improvement
$64,960
Applied tax rate
127.0000
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 (GENERAL)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
BASEBOARD
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
423 SF
Lot
2 ac (87,120 SF)
Zoning code
2AC
APN
NCAN M:0026 B:012 L:00124
UPID
US15-0088681
Jurisdiction
NEW CANAAN
Zoning & alternative use
2AC · New Canaan, CTZoning 2AC · permitted uses
2AC · New Canaan, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2004 Revision
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
BASEBOARD
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
2 ac
Current owner
From public records · entity-resolved
Frog Pond Estates LLC
Entity
Mailing address
259 FROGTOWN RD, NEW CANAAN, CT 06840-4435
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
—
Frog Pond Estates LLC
—
Deed
related
$2,692,534 · First County Bank
Jul 11, 2024
$1,400,000
Frog Pond Estates LLC
Twin Ponds LLC
Warranty Deed
—
Nov 9, 2023
—
Twin Ponds LLC
Todd R Chalie
Quit Claim Deed
related
$525,000 · 259 Frogtown Lender
Aug 7, 2009
—
Twin Ponds LLC
—
Deed Of Trust
related
$503,000 · Amelia Covino
Nov 8, 2006
$1,000,000
Twin Ponds LLC
Pmj Capital Corp
Warranty Deed
$750,000 · Greenwich B&t
Jun 1, 2006
$650,000
Pmj Capital Corp
Kimberly Farm Nursery 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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