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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Showrooms
503 Wolcott Rd Wolcott, CT 06716-2673
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0267188
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,796 SF
Lot
0.86 ac (37,462 SF)
Zoning code
GC
APN
WOLC M:108A B:2 L:294
UPID
US15-0267188
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
-
St Mary's Health System Physician
-
Scoville Medical Group Medical Clinic
-
Naugatuck Valley Ob-Gyn Associates Physician
-
Carolyn Brown, FNP Pediatrician Physician
-
Dawn Andrade Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.05M
Owner & transaction history
Phoenix Wolcott LLC · 9 yrs held
Phoenix Wolcott LLC
since 2017
5 recorded transactions
Zoning & alternative use
GC · Wolcott, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+67.0%
Apartment house (5+ units)
$870,000
+12.6%
Auto repair, garage
$800,000
+3.6%
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 Wolcott submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wolcott 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$770,000
Current use
RESTAURANT
$1,285,000
Change: +67% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$870,000
Change: +13% · Conversion: Moderate
AUTO REPAIR, GARAGE
$800,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: -7% · Conversion: Easy
RETAIL STORES
$715,000
Change: -7% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$119 / 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
$34,484
Tax year 2023
Assessed value
$1,082,020
Assessed 2023
Previous assessed
$1,082,020
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$93,110
Assessed improvement
$988,910
Applied tax rate
344.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
7
Total area
8,796 SF
Lot
0.86 ac (37,462 SF)
Zoning code
GC
APN
WOLC M:108A B:2 L:294
UPID
US15-0267188
Jurisdiction
WOLCOTT
Zoning & alternative use
GC · Wolcott, CT
Zoning GC · permitted uses
GC · Wolcott, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wolcott. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$770,000
RESTAURANT
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$870,000
AUTO REPAIR, GARAGE
Est. value
$800,000
OFFICE BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$715,000
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
7
Lot
0.86 ac
Current owner
From public records · entity-resolved
Phoenix Wolcott LLC
Entity
Mailing address
464 HERITAGE RD, SOUTHBURY, CT 06488-3863
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2017
—
Phoenix Wolcott LLC
Spectrum Square LLC
Warranty Deed
$2,730,000 · Bankwell Bank
Apr 19, 2011
—
Spectrum Square LLC
—
Deed Of Trust
related
$169,574 · Naugatuck Savings Bank
Aug 28, 2006
—
Spectrum Square LLC
—
Deed Of Trust
related
$90,000 · Naugatuck Savings Bank
Aug 21, 1992
$95,000
Brian Tynan
Dinapoli,faust G
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Dec 4, 1987
—
Faust G Dinapoli
—
Deed Of Trust
related
$25,808 · North American Bank & Trust
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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