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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Commercial real estate
29 Military Hwy Gales Ferry, CT 06335-1435
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0624130
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.85 ac (37,026 SF)
Zoning code
GFDD
APN
LEDY M:91 B:1590 L:29
UPID
US15-0624130
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
-
Sweet Hill Farm Wedding Service
-
Creamery at Sweet Hill Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Cr Klewin LLC · 2 yrs held
Cr Klewin LLC
since 2024
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
GFDD · Gales Ferry, 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 Gales Ferry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gales Ferry 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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Jun 10 2024)
Last sale anchor
$700k
Jun 10 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
—
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
$2,035
Tax year 2023
Assessed value
$58,870
Assessed 2023
Previous assessed
$58,870
+0.0% YoY
Effective rate
3.46%
On assessed value
Assessed land
$46,340
Assessed improvement
$12,530
Applied tax rate
357.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Heating
NONE
Lot
0.85 ac (37,026 SF)
Zoning code
GFDD
APN
LEDY M:91 B:1590 L:29
UPID
US15-0624130
Jurisdiction
LEDYARD
Zoning & alternative use
GFDD · Gales Ferry, CT
Zoning GFDD · permitted uses
GFDD · Gales Ferry, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gales Ferry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
Cr Klewin LLC
Entity
Mailing address
3 JOHNNY CAKE HL RD, OLD LYME, CT 06371-1609
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2024
$700,000
Cr Klewin LLC
Sweet Hill Farm LLC
Warranty Deed
$474,758 · Sweet Hill Farms LLC
Apr 20, 2018
$450,000
Sweet Hill Farm LLC
Farm Credit E Aca
Quit Claim Deed
$345,000 · Farm Credit Svcs
May 11, 2017
—
Farm Credit East Aca
Farm Credit East Aca|bargmann,peter H
Foreclosure
related
—
Dec 19, 2007
—
Peter H Bargmann
—
Deed Of Trust
related
$440,818 · First Pioneer Farm Credit Aca
Apr 5, 2007
—
Peter H Bargmann
—
Deed Of Trust
related
$145,000 · First Pioneer Farm Credit Aca
Dec 22, 2000
—
Peter H Bargmann
—
Deed Of Trust
related
$133,000 · First Pioneer Farm Credit Aca
Feb 1, 2000
—
Peter H Bargmann
—
Deed Of Trust
related
$63,000 · First Pioneer Farm Credit Aca
Oct 28, 1998
—
Peter H Bargmann
—
Deed Of Trust
related
$44,000 · First Pioneer Farm Credit Aca
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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