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Property profile & analytics
OFF-MARKET
Estimated value
$9,955,000
Showrooms
311th Old Gate Ln Milford, CT 06460-8615
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US15-0942808
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2007
Construction
STEEL FRAME
Total area
138,255 SF
Lot
15.29 ac (666,032 SF)
Zoning code
ID
APN
MILF M:79 B:810 L:13-G
UPID
US15-0942808
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.80M
Blend (final)
Blend
$9.96M
Owner & transaction history
Briad Lodgin Grp Mlfd LLC · 18 yrs held
Briad Lodgin Grp Mlfd LLC
since 2007
7 recorded transactions
Zoning & alternative use
ID · Milford, 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 Milford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milford 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.96M
Range $8.96M – $10.95M · ±10%
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
$72 / 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
$352,102
Tax year 2023
Assessed value
$12,959,220
Assessed 2023
Previous assessed
$12,959,220
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$7,315,520
Assessed improvement
$5,643,700
Applied tax rate
333.0000
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
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
138,255 SF
Lot
15.29 ac (666,032 SF)
Zoning code
ID
APN
MILF M:79 B:810 L:13-G
UPID
US15-0942808
Jurisdiction
MILFORD
Zoning & alternative use
ID · Milford, CT
Zoning ID · permitted uses
ID · Milford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
15.29 ac
Current owner
From public records · entity-resolved
Briad Lodgin Grp Mlfd LLC
Entity
Mailing address
1720 POST RD, FAIRFIELD, CT 06824-5741
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2007
$2,200,000
Briad Lodgin Grp Mlfd LLC
Bus Jai Alai LLC
Warranty Deed
$13,752,000 · M & T Bank
Dec 19, 2006
$1
Bvs Jai Alai LLC
Milford City Of
Warranty Deed
—
Feb 19, 2003
—
Jai Alai Assoc LLC
—
Deed Of Trust
related
$3,100,000 · Spica 3 Trust
Jul 22, 2002
—
Jai Alai Assoc LLC
—
Deed Of Trust
related
$1,500,000 · Spica Trust Two
Aug 2, 2001
—
Jai Alai Assoc LLC
—
Deed Of Trust
related
$400,000 · Spica T
Jan 29, 1999
—
Briadlodging Group LLC
—
Deed Of Trust
related
$4,900,000 · Worth Funding INC
Jun 12, 1997
—
Jai Alai Assoc LP
—
Deed Of Trust
related
$5,500,000 · Orix USA Corp
Sep 19, 1989
—
Jai Alai Assoc Ltd
—
Deed Of Trust
related
$8,470,000 · Connecticut National Bank
Nov 2, 1988
$318,794
Jai Alai Assoc Ltd
R & S Assoc
Grant Deed
$340,000 · Lafayette Bank & Trust
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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