New search
Property profile & analytics
OFF-MARKET
Industrial properties
385 Town St East Haddam, CT 06423-1366
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0047528
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot
6.72 ac (292,723 SF)
Zoning code
IG3
APN
EHDM M:M27 L:L072
UPID
US15-0047528
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
-
Norpro Travel Agency Tour Operator
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
385 Town St LLC · 12 yrs held
385 Town St LLC
since 2014
7 recorded transactions
Zoning & alternative use
IG3 · East Haddam, 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 East Haddam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Haddam 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 2024Property tax & assessments
Tax year 2024
Tax billed
$28,666
Tax year 2024
Assessed value
$1,071,220
Assessed 2024
Previous assessed
$1,071,220
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$316,410
Assessed improvement
$754,810
Applied tax rate
264.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Heating
NONE
Buildings
3
Units
1
Lot
6.72 ac (292,723 SF)
Zoning code
IG3
APN
EHDM M:M27 L:L072
UPID
US15-0047528
Jurisdiction
EAST HADDAM
Zoning & alternative use
IG3 · East Haddam, CT
Zoning IG3 · permitted uses
IG3 · East Haddam, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Haddam. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
3
Units
1
Lot
6.72 ac
Current owner
From public records · entity-resolved
385 Town St LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 244, EAST HADDAM, CT 06423-0244
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2017
—
385 Town St LLC
—
Deed
related
$1,450,000 · Chelsea Groton Bank
Nov 30, 2016
—
385 Town St LLC
—
Deed
related
$672,044 · Citizens Bank
May 17, 2016
—
385 Town St LLC
—
Deed
related
$574,000 · Citizens Bank
May 20, 2014
—
385 Town St LLC
385 Town St LLC
Quit Claim Deed
related
—
Feb 19, 2013
$615,000
385 Town St LLC
Essex Savings Bank
Grant Deed
$632,500 · Essex Savings Bank
Feb 19, 2013
—
385 Town St LLC
—
Grant Deed
related
$506,000 · Essex Savings Bank
Jan 31, 2012
—
Essex Sb
Mondocorp LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Nov 14, 2011
—
Essex Sb
Mondocorp LLC Northeast
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 13, 2003
$750,000
Mondocorp LLC
Arwarek Family LLC
Warranty Deed
$600,000 · Zuckerman Family Nomi
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 385 Town St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
