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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Industrial properties
44 Homestead Ave Stamford, CT 06902-7213
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0935925
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,200 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MG
APN
STAM M:003 B:6778
UPID
US15-0935925
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
-
JCS Construction Group,Inc Construction Company
-
Eldridge Wood Design Interior Design Home Decor Store
-
Design Glass & Mirrors, LLC Hardware & Home Improvement Home Decor Store
-
Commonwealth Development Partners, LLC Department Store
-
Steinmetz Machine Works Incorporated Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Homestead Com Prop LLC · 5 yrs held
Homestead Com Prop LLC
since 2021
6 recorded transactions
Zoning & alternative use
MG · Stamford, 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 Stamford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stamford 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
$104 / 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
$42,468
Tax year 2023
Assessed value
$1,682,570
Assessed 2023
Previous assessed
$1,151,000
+46.2% YoY
Effective rate
2.52%
On assessed value
Assessed land
$846,360
Assessed improvement
$836,210
Applied tax rate
112.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Total area
15,200 SF
Lot
0.62 ac (27,007 SF)
Zoning code
MG
APN
STAM M:003 B:6778
UPID
US15-0935925
Jurisdiction
STAMFORD
Zoning & alternative use
MG · Stamford, CT
Zoning MG · permitted uses
MG · Stamford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stamford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Homestead Com Prop LLC
Entity
Mailing address
44 HOMESTEAD AVE, STAMFORD, CT 06902-7213
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 16, 2021
—
Homestead Com Prop LLC
—
Deed
related
$1,015,000 · Community Investment Corp
May 27, 2021
—
Homestead Com Prop LLC
Jcs Homestead LLC
Warranty Deed
$2,250,000 · Savings Bank Of Danbury
Apr 24, 2017
—
Jcs Homestead LLC
—
Deed
related
$1,600,000 · Fieldpoint Private Bank & Trust
May 17, 2011
$1,475,000
Jcs Homestead LLC
44 Homestead Avenue LLC
Warranty Deed
$1,100,000 · Stamford First Bank
Mar 27, 2009
$1
44 Homestead Avenue LLC
Michelotti,john
Grant Deed
related
—
Feb 4, 1987
—
John Michelotti
—
Deed Of Trust
related
$685,000 · Ct Development Auth
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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