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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Industrial properties
458 Williams St New London, CT 06320-5860
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-1149513
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
FRAME
Total area
6,548 SF
Lot
1.5 ac (65,340 SF)
APN
NLON M:F07 B:0304 L:0007
UPID
US15-1149513
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
-
Copy Cats Inc. (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$525k
Owner & transaction history
Ptet Holdings LLC · 3 yrs held
Ptet Holdings LLC
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$730,000
+82.3%
Apartment house (5+ units)
$595,000
+48.6%
Commercial (general)
$510,000
+27.3%
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 New London submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New London 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
Method
Estimation
Statistic approach
by Request
ML approach
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$400,000
Current use
RETAIL STORES
$730,000
Change: +82% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$595,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$510,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$80 / 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
$19,582
Tax year 2023
Assessed value
$525,840
Assessed 2023
Previous assessed
$525,840
+0.0% YoY
Effective rate
3.72%
On assessed value
Assessed land
$125,160
Assessed improvement
$400,680
Applied tax rate
384.0000
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
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
6,548 SF
Lot
1.5 ac (65,340 SF)
APN
NLON M:F07 B:0304 L:0007
UPID
US15-1149513
Jurisdiction
NEW LONDON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$400,000
RETAIL STORES
Est. value
$730,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$595,000
COMMERCIAL (GENERAL)
Est. value
$510,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Ptet Holdings LLC
Entity
Mailing address
458 WILLIAMS ST, NEW LONDON, CT 06320-5860
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
—
Ptet Holdings LLC
Total Tech Assoc LLC
Warranty Deed
$600,000 · Citizens Bank
Feb 26, 2021
—
Chestnut Ridge LLC
Harry B Heller
Quit Claim Deed
related
—
Sep 29, 2017
$284,900
Daniel J Salvatore
Bcba LLC
Warranty Deed
—
May 20, 2016
—
Total Tech Associates
—
Deed
related
$335,000 · Charter Oak Fed Cu
Mar 30, 2000
—
Tech Assoc Total
—
Deed Of Trust
related
$303,000 · Eastern Savings & Loan Assn
Mar 4, 1992
—
Tech Assoc Total
—
Deed Of Trust
related
$100,000 · Ne Federal Savings Bank
Sep 13, 1988
$400,000
Tech Assoc Total
New Eng Sv Bk
Grant Deed
$400,000 · Ne Federal Savings Bank
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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