Property profile

5 Enterprise Dr Old Lyme, CT 06371

OFF-MARKET
Industrial properties
Property ID
US15-0728021
122,580 SF 15.18 ac lot Built 2001
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2001
Construction STEEL FRAME
Total area 122,580 SF
Lot 15.18 ac (661,241 SF)
APN OLYM M:19 L:32-3A
UPID US15-0728021

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
  • Department Store

Location

5 Enterprise Dr Old Lyme, CT 06371-1568
Old Lyme metro Census 660103 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.78M
Blend (final) Blend
$7.84M

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $10.4M +38.7%
Commercial (general) $10.1M +35.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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