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Property profile & analytics
OFF-MARKET
Estimated value
$1,665,000
Office buildings
36 Grv St New Canaan, CT 06840-5329
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-1020218
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,940 SF
Lot
0.47 ac (20,473 SF)
Zoning code
BUSC
APN
NCAN M:000L B:017 L:00936
UPID
US15-1020218
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
-
Haller Rochelle Law Firm
-
Fairfield County Primary Care Medical Group
-
Kirsten B Hohmann Physician
-
J. James Lewis, MD Physician
-
Janet Kranes-Fensterstock Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.67M
Owner & transaction history
24 Grove New Canaan LLC · 15 yrs held
24 Grove New Canaan LLC
since 2011
5 recorded transactions
Zoning & alternative use
BUSC · New Canaan, CT
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 New Canaan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Canaan 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
$1.67M
Range $1.50M – $1.83M · ±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
$93 / 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
$64,389
Tax year 2023
Assessed value
$3,399,620
Assessed 2023
Previous assessed
$3,399,620
+0.0% YoY
Effective rate
1.89%
On assessed value
Assessed land
$1,189,020
Assessed improvement
$2,210,600
Applied tax rate
127.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
7
Bathrooms
4
Total area
17,940 SF
Lot
0.47 ac (20,473 SF)
Zoning code
BUSC
APN
NCAN M:000L B:017 L:00936
UPID
US15-1020218
Jurisdiction
NEW CANAAN
Zoning & alternative use
BUSC · New Canaan, CTZoning BUSC · permitted uses
BUSC · New Canaan, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
2004 Revision
Building & site characteristics
From public records
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
7
Bathrooms
4
Lot
0.47 ac
Current owner
From public records · entity-resolved
24 Grove New Canaan LLC
Entity
Mailing address
1055 WASHINGTON BLVD, STAMFORD, CT 06901-2216
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2011
—
24 Grove New Canaan LLC
—
Deed Of Trust
related
$4,100,000 · The Bank Of New Cannon
Feb 14, 2011
$5,973,000
24 Grove New Canaan LLC
Grogan & Co
Warranty Deed
—
Jun 20, 2002
—
Grogan & Co
—
Deed Of Trust
related
$775,000 · Westport National Bank
Nov 25, 1996
—
Grogan & Co
—
Deed Of Trust
related
$320,000 · New Canaan Bank & Trust
Aug 29, 1994
$2,600,000
Flounders Assoc Grogan
Krewth Assoc
Warranty 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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