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Property profile & analytics
OFF-MARKET
Estimated value
$3,290,000
Showrooms
350 Liberty St Pawcatuck, CT 06379-1354
Entity Owned
7-yr Hold
Free & Clear
Property ID
US15-0628836
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2019
Construction
STEEL FRAME
Total area
25,252 SF
Lot
3.87 ac (168,577 SF)
Zoning code
CS-5
APN
STON M:17 B:1 L:13
UPID
US15-0628836
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
-
Hartmut Doerwaldt, MD Medical Clinic
-
Kara Mignosa, PA-C Pediatrician Physician
-
Amanda Conti, MD Pediatrician Physician
-
Lori Wheeler Foster Care Service Social Service Agency
-
Hartford HealthCare Health Center Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$3.29M
Owner & transaction history
Bvs Stonington Dev LLC · 7 yrs held
Bvs Stonington Dev LLC
since 2018
6 recorded transactions
Zoning & alternative use
CS-5 · Pawcatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.5M
+49.4%
Retail stores
$2.8M
+21.3%
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 Pawcatuck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawcatuck 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,320,000
Current use
OFFICE BUILDING
$3,465,000
Change: +49% · Conversion: Easy
RETAIL STORES
$2,815,000
Change: +21% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,140,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$3.29M
Range $2.96M – $3.62M · ±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
$130 / 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
$92,602
Tax year 2023
Assessed value
$4,860,500
Assessed 2023
Previous assessed
$3,701,200
+31.3% YoY
Effective rate
1.91%
On assessed value
Assessed land
$916,300
Assessed improvement
$3,944,200
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
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
25,252 SF
Lot
3.87 ac (168,577 SF)
Zoning code
CS-5
APN
STON M:17 B:1 L:13
UPID
US15-0628836
Jurisdiction
STONINGTON
Zoning & alternative use
CS-5 · Pawcatuck, CTZoning CS-5 · permitted uses
CS-5 · Pawcatuck, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$3.5M
RETAIL STORES
Est. value
$2.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
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
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
3.87 ac
Current owner
From public records · entity-resolved
Bvs Stonington Dev LLC
Entity
Free & Clear · 7 yrs held
Mailing address
6 VIS DR STE #200, OLD LYME, CT 06371-1588
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2018
—
Bvs Stonington Dev LLC
Bvs Stonington Dev LLC
Quit Claim Deed
—
Sep 14, 2018
—
Bvs Stonington Dev LLC
Peoples United Bk NA
Quit Claim Deed
related
—
Aug 23, 2013
$1,100,000
Peoples United Bank
North Stonington Group
Committee
—
Dec 6, 2004
$1,386,000
Thomas Piccolo
Olympus Park LLC
Grant Deed
—
Sep 4, 2003
$1,200,000
Olympus Park LLC
Main,keith SR
Warranty Deed
$1,500,000 · Zuckerman Family Nomi
Mar 2, 1992
—
Keith Main
—
Deed Of Trust
related
$100,000 · Washington Trust Co
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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