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Property profile & analytics
FOR SALE
Investment properties
37 Main St, Griswold, CT 06351-2250
Individually Owned
33-yr Hold
Absentee Owner
Property ID
US15-0659077
For Sale
1 / 2
$80,000
37 Main St, Griswold, CT 06351-2250
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
14,068 SF
Lot
0.43 ac (18,731 SF)
Zoning code
B-C
APN
GRIS M:26 B:2 L:7
UPID
US15-0659077
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
-
Allegiance Tattoos Tattoo & Piercing Shop
-
Uncle Kranky's Cafe Bar & Pub Restaurant
-
Charlene's Diner Restaurant
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
Richard D Hebert · 33 yrs held
Richard D Hebert
since 1992
7 recorded transactions
Zoning & alternative use
B-C · Griswold, 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 Griswold submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griswold 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
$12,761
Tax year 2023
Assessed value
$440,650
Assessed 2023
Previous assessed
$440,650
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$47,110
Assessed improvement
$393,540
Applied tax rate
382.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
11
Bathrooms
9
Total area
14,068 SF
Lot
0.43 ac (18,731 SF)
Zoning code
B-C
APN
GRIS M:26 B:2 L:7
UPID
US15-0659077
Jurisdiction
GRISWOLD
Zoning & alternative use
B-C · Griswold, CT
Zoning B-C · permitted uses
B-C · Griswold, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griswold. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1898
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
11
Bathrooms
9
Lot
0.43 ac
Current owner
From public records · entity-resolved
Richard D Hebert
Individual
Mailing address
130 MACKIN DR, GRISWOLD, CT 06351-3518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1992
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2007
—
Saulor Main LLC
—
Deed Of Trust
related
$513,000 · Dime Savings Bank Norwich
Mar 12, 1997
—
Richard D Hebert
—
Deed Of Trust
related
$9,000 · Bourough Of Jewett Ci
Mar 4, 1997
—
Richard D Hebert
—
Deed Of Trust
related
$284,000 · Eastern Savings & Loan Assn
Nov 18, 1996
—
Richard D Hebert
—
Deed Of Trust
related
$17,000 · Borough Jewett City
Nov 12, 1993
—
Richard D Hebert
—
Deed Of Trust
related
$50,000 · Eastern Savings & Loan Assn
Oct 30, 1992
$120,391
Richard D Hebert
Zimmermann,horst D
Warranty Deed
$215,000 · Eastern Savings & Loan Assn
—
—
Soulor Main LLC
—
Deed Of Trust
related
$1,076,000 · Charter Oak FCU
—
—
Soulor Main LLC
—
Deed Of Trust
related
$135,000 · Charter Oak FCU
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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