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Property profile & analytics
OFF-MARKET
Showrooms
360 Mago Pt Way Waterford, CT 06385-3145
Individually Owned
2-yr Hold
Free & Clear
Property ID
US15-0670993
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,676 SF
Lot
0.4 ac (17,424 SF)
Zoning code
WD
APN
WFRD M:149 L:7063
UPID
US15-0670993
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waterford Town Of · 2 yrs held
Waterford Town Of
since 2024
Last sale
$425,000
6 recorded transactions
Zoning & alternative use
WD · Waterford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Waterfront Development District is to encourage a mixture of land uses, with emphasis on waterfront access and water dependent and related uses (defined by the State of Connecticut as those uses and facilities which require direct access to, or location in, marine or tidal waters and which therefore, cannot be located inland, including but…
Zone name
Waterfront Development District
General category
INDUSTRIAL
Zone area
101.18 ac
Source
Realmo
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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$4,620
Tax year 2023
Assessed value
$217,920
Assessed 2023
Previous assessed
$217,920
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$147,700
Assessed improvement
$70,220
Applied tax rate
376.0000
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
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
4
Total area
1,676 SF
Lot
0.4 ac (17,424 SF)
Zoning code
WD
APN
WFRD M:149 L:7063
UPID
US15-0670993
Jurisdiction
WATERFORD
Zoning & alternative use
WD · Waterford, CTZoning WD · permitted uses
WD · Waterford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Waterfront Development District is to encourage a mixture of land uses, with emphasis on waterfront access and water dependent and related uses (defined by the State of Connecticut as those uses and facilities which require direct access to, or location in, marine or tidal waters and which therefore, cannot be located inland, including but not limited to marinas, recreational and commercial fishing and boating facilities, finfish and shellfish processing plants, waterfront dock and port facilities, shipyards and boat facilities, navigation aids, basins and channels, industrial uses dependent upon waterborne transportation or requiring large volumes of cooling or process water which cannot reasonably be located or operated at an inland site and uses which provide general public access to marine or tidal waters).
Zone name
Waterfront Development District
General category
INDUSTRIAL
Zone area
101.18 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
4
Lot
0.4 ac
Current owner
From public records · entity-resolved
Waterford Town Of
Individual
Free & Clear · 2 yrs held
Ownership since
2024
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
Apr 23, 2024
—
Waterford Town Of
Mago Way Realty LLC
Quit Claim Deed
related
—
Mar 23, 2022
$425,000
Mago Way Realty LLC
Jls Properties LLC
Warranty Deed
—
Apr 1, 2005
$250,000
Jls Properties LLC
Buscetto,michael JR
Warranty Deed
—
Jan 31, 1992
$300,000
Michael Buscetto JR.
Mccullouch,richard
Warranty Deed
—
Nov 2, 1990
$300,000
Paula Mcculloch
Buscetto,michael JR
Grant Deed
$300,000 · Zenon Grzybowski
Sep 20, 1989
$225,000
Michael Buscetto JR.
Bill Paul Ptnrshp
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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