Back to Search
Property profile & analytics
OFF-MARKET
Showrooms
28 Main St Mystic, CT 06355-2828
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0851051
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1965
Construction
FRAME
Total area
2,469 SF
Lot
0.19 ac (8,276 SF)
Zoning code
LS-5
APN
STON M:182 B:5 L:1
UPID
US15-0851051
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
-
Tidal River Clothing Co Clothing & Fashion Store
-
Mystic Pet Shop (Bike/Boat/Book/etc) Store Pet Store & Service
-
Maxwelton Co (Bike/Boat/Book/etc) Store Home Decor Store
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
Mystic Pet Shop LLC · 10 yrs held
Mystic Pet Shop LLC
since 2015
7 recorded transactions
Zoning & alternative use
LS-5 · Mystic, CT
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 Mystic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mystic 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 2023Property tax & assessments
Tax year 2023
Tax billed
$9,647
Tax year 2023
Assessed value
$502,100
Assessed 2023
Previous assessed
$502,100
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$282,500
Assessed improvement
$219,600
Applied tax rate
372.0000
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
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,469 SF
Lot
0.19 ac (8,276 SF)
Zoning code
LS-5
APN
STON M:182 B:5 L:1
UPID
US15-0851051
Jurisdiction
STONINGTON
Zoning & alternative use
LS-5 · Mystic, CT
Zoning LS-5 · permitted uses
LS-5 · Mystic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mystic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Mystic Pet Shop LLC
Entity
Mailing address
28 E MAIN ST, MYSTIC, CT 06355-2828
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2015
$550,000
Mystic Pet Shop LLC
Mangrove Properties LLC
Warranty Deed
$230,000 · Chelsea Groton Svgs Bk
Mar 4, 2014
$525,000
Mangrove Properties LLC
My Wifes Whim LLC
Warranty Deed
—
Nov 10, 2005
—
My Wifes Whim LLC
—
Deed Of Trust
related
$560,000 · Bank Of America
Aug 12, 2005
$700,000
My Wifes Whim LLC
Tobias,michael
Warranty Deed
—
Mar 5, 2004
$400,000
Michael Tobias
28 E Main St LLC
Warranty Deed
$320,000 · Chelseagroton Savings Bank
May 20, 2002
—
28 East Main St LLC
—
Deed Of Trust
related
$240,000 · Apex Mortgage Corp
Feb 11, 1999
$175,000
James H Castle
Castle Swin Interests
Grant Deed
related
—
Jun 11, 1998
—
28 East Main St LLC
—
Deed Of Trust
related
$100,000 · Sandys Fruit & Vegeta
Jun 1, 1998
$350,000
28 East Main St LLC
Sandys Fruit & Veg Emp
Warranty Deed
$200,000 · Washington Trust Co
Jun 1, 1998
—
28 East Main St LLC
—
Deed Of Trust
related
$100,000 · Zenon Grzybowski
Apr 1, 1992
—
Fruit Sandys
—
Deed Of Trust
related
$139,000 · Connecticut National Bank
Sep 8, 1989
$145,000
Fruit Sandys
Castle Swim Inter
Grant Deed
$140,000 · Peoples 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
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 28 Main St?
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.
