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Property profile & analytics
OFF-MARKET
Turn key restaurants
29 Water St Guilford, CT 06437-2861
Entity Owned
17-yr Hold
Free & Clear
Property ID
US15-0286059
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2001
Construction
FRAME
Total area
2,288 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
GUIL M:039086A
UPID
US15-0286059
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
-
Law Offices of Jason G. DeGenaro LLC Law Firm
-
Richardson Tom Law Firm
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
29 Water Street Assoc LLC · 17 yrs held
29 Water Street Assoc LLC
since 2008
4 recorded transactions
Zoning & alternative use
C-1 · Guilford, 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 Guilford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Guilford 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
$10,739
Tax year 2023
Assessed value
$414,960
Assessed 2023
Previous assessed
$414,960
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$210,000
Assessed improvement
$204,960
Applied tax rate
325.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
9
Bathrooms
3
Total area
2,288 SF
Lot
0.18 ac (7,841 SF)
Zoning code
C-1
APN
GUIL M:039086A
UPID
US15-0286059
Jurisdiction
GUILFORD
Zoning & alternative use
C-1 · Guilford, CT
Zoning C-1 · permitted uses
C-1 · Guilford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Guilford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
9
Bathrooms
3
Lot
0.18 ac
Current owner
From public records · entity-resolved
29 Water Street Assoc LLC
Entity
Free & Clear · 17 yrs held
Mailing address
11 BUSINESS PARK DR, BRANFORD, CT 06405-2958
Ownership since
2008
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
Jan 10, 2025
—
29 Water Street Assoc LLC
—
Deed
related
$525,000 · Guilford Savings Bank
Apr 9, 2013
—
Water St Assoc LLC
—
Deed Of Trust
related
$220,000 · Peoples Bank
Dec 24, 2008
—
29 Water Street Assoc LLC
—
Deed Of Trust
related
$250,000 · Peoples Bank
Dec 24, 2008
$1
29 Water Street Assoc LLC
14 Water Street Assoc LLC
Grant Deed
related
—
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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