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    Property profile & analytics

    49 Main St Mystic, CT 06355-2545

    • Investment properties
    • 6,742 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $2,940,000
    Last Sale
    Nov 27, 2024
    $2,950,000
    Location Intelligence
    Property ID
    US15-0985253
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Down On Main / Linens Store
    • Image D'Europe / Interior Designer

    Property Details for 49 Main St

    Year built
    1947
    Lot size
    0.17 lot acres
    Property size
    6,742 SF
    Zone code
    MDD
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    GROT M:261918308883
    APU
    GROTM261918308883

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,865,000
      6.5%
      $2,900,000
      7%
      $3,205,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,580,000
      Geo Method
      $3,285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,305,000
      Retail
      $3,270,000
      Mixed-Use
      $3,085,000
      Hospitality
      $2,940,000
      Educational
      $2,565,000
      Residential Income
      $2,525,000
      Energy
      $2,640,000
      Income-Based Land
      $2,655,000
      Food Service
      $2,860,000

    Location Insight

    • Map
    • Local Demand
    City
    Mystic
    County
    New London
    State
    Connecticut
    Longitude
    -71.9709
    Latitude
    41.3545
    CBSA code
    35980
    CBSA name
    NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,819
    $295,540
    $602,140
    $897,680
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,100,000
      3,992 SF

      3 Gravel St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,992 SF
      3 Gravel St, Mystic, CT 06355-2511
      View Details
    • Value Estimation by Request
      39,336 SF

      8 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 39,336 SF
      8 Main St, Mystic, CT 06355-2510
      View Details
    • Value Estimation by Request
      5,709 SF

      2 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,709 SF
      2 Main St, Mystic, CT 06355-2510
      View Details
    • Value Estimation
      $770,000
      3,314 SF

      46 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,314 SF
      46 Main St, Mystic, CT 06355-2588
      View Details
    • Value Estimation by Request
      2.02 Acres

      131 Stonington Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.02 Acres
      131 Stonington Rd, Mystic, CT 06355-3608
      View Details
    • Value Estimation
      $12,660,000
      35,520 SF

      12 Water St

      OFFICE/RESIDENTIAL (MIXED USE) • 35,520 SF
      12 Water St, Mystic, CT 06355-2537
      View Details

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    Similar Nearby for Lease

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      Residential Income Property For Rent

      Multifamily property available for rent in Groton, CT.
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      Charming retail and office spaces in historic Mystic mill.
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      Prime Mystic Office Space Available

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      View Details
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    49 Main St
    Mystic, CT 06355-2545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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