Entity Owned Property summary
AI-generated overview
The property at 380 Horace Street in Bridgeport, Connecticut is an industrial building providing approximately 26,000 square feet of flexible industrial space. The building has ceiling heights throughout and includes multiple loading docks to support shipping and receiving operations. The interior layout is configured to allow tenant customization, and the infrastructure is suitable for industrial uses such as storage, logistics, light manufacturing, or automotive services. Elevator or lift access serves multiple levels, and the site provides ample on-site parking for staff and visitors. The property is positioned to provide convenient access to Interstate 95 and other major transit routes and includes heavy-duty electrical capacity.
Property profile
Verified
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
12.69 ac (552,776 SF)
Zoning code
ILI
APN
BRID M:62 B:2050 L:39-Y
UPID
US15-0597907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Construction Company General Contractor
-
Recycling Center Waste Management Facility
-
Security Service
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.81M
Owner & transaction history
since 2023
Last sale
$11.7M
5 recorded transactions
Zoning & alternative use
ILI · Bridgeport, CT
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$13.81M
Value range
$12.43M – $15.19M
±10% around blend
Confidence
Property data
63
Market benchmarks
67
Comparable evidence
60
$12.43M
blend $13.81M
$15.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Lot area
12.69 ac
APN
BRID M:62 B:2050 L:39-Y
Zoning
ILI
Assessed value
$2,799,080
Annual tax
$121,620
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$13.81M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 64 sales
$91
N/A
County 198 sales
$97
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.65M
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$734k
$14.68M
$10.48M
$8.16M
$816k
$16.31M
$11.65M
$9.06M
$897k
$17.94M
$12.81M
$9.97M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$121,620
Tax year 2023
Assessed value
$2,799,080
Assessed 2023
Previous assessed
$2,799,080
+0.0% YoY
Effective rate
4.34%
On assessed value
Assessed land
$1,202,830
Assessed improvement
$1,596,250
Applied tax rate
100.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
1
Lot
12.69 ac (552,776 SF)
Zoning code
ILI
APN
BRID M:62 B:2050 L:39-Y
UPID
US15-0597907
Jurisdiction
BRIDGEPORT
Zoning & alternative use
ILI · Bridgeport, CTZoning ILI · permitted uses
ILI · Bridgeport, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
1
Lot
12.69 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
ILI
Jurisdiction
Bridgeport, CT
Recorded code
ILI
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for ILI in Bridgeport, CT.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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