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Property profile & analytics
OFF-MARKET
Estimated value
$4,650,000
Showrooms
2909 Main St Stratford, CT 06614-4960
Individually Owned
1-yr Hold
Free & Clear
Property ID
US15-0372675
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,768 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CA
APN
STRA M:40-10 B:7 L:6
UPID
US15-0372675
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
-
Bridgeport Hospital Outpatient Radiology - Stratford Physician Medical Clinic
-
Dr. Herbert I. Hermele, MD Physician
-
Dr. Rolf H. Langeland, MD Physician
-
Dr. Lawrence P. Kirschenbaum, MD Physician
-
Malin Joel W MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.40M
Blend (final)
Blend
$4.65M
Owner & transaction history
Yale New Hvn Health Svcs · 1 yrs held
Yale New Hvn Health Svcs
since 2025
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
CA · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
HOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship Boulevard Housing Zone LBHZ Commercial Limited Business (Civic Center) LB Limited Business B LBB Office Park District OP Retail Commercial A CA Retail Commercial F CF Retail Commercial Neighborhood CNC Waterfront Business District WF Industrial Coastal Industrial MC Light Industri…
Zone name
Retail Commercial
General category
COMMERCIAL
Zone area
410.29 ac
Top alternative use upside
Restaurant
$4.8M
+54.5%
Auto repair, garage
$4.4M
+40.5%
Retail stores
$3.5M
+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
$4,145,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,120,000
Current use
RESTAURANT
$4,820,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,385,000
Change: +41% · Conversion: Difficult
RETAIL STORES
$3,490,000
Change: +12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,975,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$4.65M
Range $4.19M – $5.12M · ±10% · vs last sale $5.70M (Jan 10 2025)
Last sale anchor
$5.70M
Jan 10 2025
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
$248 / 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
$121,897
Tax year 2023
Assessed value
$3,032,260
Assessed 2023
Previous assessed
$3,032,260
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$374,780
Assessed improvement
$2,657,480
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
2
Total area
18,768 SF
Lot
1.04 ac (45,302 SF)
Zoning code
CA
APN
STRA M:40-10 B:7 L:6
UPID
US15-0372675
Jurisdiction
STRATFORD
Zoning & alternative use
CA · Stratford, CTZoning CA · permitted uses
CA · Stratford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
HOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship Boulevard Housing Zone LBHZ Commercial Limited Business (Civic Center) LB Limited Business B LBB Office Park District OP Retail Commercial A CA Retail Commercial F CF Retail Commercial Neighborhood CNC Waterfront Business District WF Industrial Coastal Industrial MC Light Industrial MA General Industrial MB Other Airport Zoning RZ; ADD Resource Conservation Dis
Zone name
Retail Commercial
General category
COMMERCIAL
Zone area
410.29 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
RESTAURANT
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.4M
RETAIL STORES
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
2
Lot
1.04 ac
Current owner
From public records · entity-resolved
Yale New Hvn Health Svcs
Individual
Free & Clear · 1 yrs held
Mailing address
2909 MAIN ST STE #100, STRATFORD, CT 06614-4960
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2025
$5,700,000
Yale New Hvn Health Svcs
Ah-re Stratford LLC
Warranty Deed
—
Feb 28, 2022
$2,700,000
Ah Re Stratford LLC
2909 Main Street LLC
Warranty Deed
$6,427,500 · The Washington Trust Co Of Westerly
May 11, 2017
—
2909 Main Street LLC
—
Deed
related
$3,000,000 · Sterling Natl Bk
Jan 5, 2009
$1
2909 Main Street LLC
Main Street Medical Ctr
Grant Deed
related
—
Jun 18, 2008
—
R Main Street Medical Ctr
—
Deed Of Trust
related
$300,000 · Hudson City Savings Bank
May 1, 2008
$1
Main Street Medical Ctr
Saint Vincent Dev
Warranty Deed
related
—
Sep 24, 1997
$715,336
St Vincents Trust 1997
Siegelaub,steven M Tr
Grant Deed
$7,000,000 · Nationsbank
Aug 21, 1995
$298,200
Siegelaub,stephen Tr
Delvecchio,frank Tr
Warranty Deed
—
Aug 21, 1995
$411,745
Siegelaub,stephen Tr
Delvecchio,frank JR
Warranty Deed
—
Jul 31, 1990
$991,400
Ganim,davis Tr
2921 Main St Assoc
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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