Property profile

51 Boston Post Rd East Lyme, CT 06333

OFF-MARKET
Showrooms
Property ID
US15-0736266
7,151 SF 3.2 ac lot Built 2023
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2023
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,151 SF
Lot 3.2 ac (139,392 SF)
Zoning code CA
APN ELYM M:036.0 B:00061 L:00000
UPID US15-0736266

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
  • Grocery & Convenience Store Specialty Food Shop
  • Gas Station
  • Cafe & Coffee Shop
  • Food Market Restaurant

Location

51 Boston Post Rd East Lyme, CT 06333-1704
East Lyme metro Census 870701 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$934k
Blend (final) Blend
$1.29M

Owner & transaction history

since 2021
Last sale
$1.8M
6 recorded transactions
2022
Price N/A
2021
$1.8M
2003
$299,900
2002
$315,000
1995
Price N/A
1994
$445,000

Zoning & alternative use

CA · East Lyme, CT
Zoning description

20.25 RESTAURANT OUTDOOR DINING IN CA AND CB ZONES- The purpose of this section is to promote and regulate Outdoor Dining. Outdoor dining shall be permitted outright subject to compliance with Section 20.25 and approval…

General category COMMERCIAL
Top alternative use upside
Office building $980,000 +66.1%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 51 Boston Post Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message