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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Showrooms
51 Kings Hwy Gales Ferry, CT 06335
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-0882512
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1992
Construction
FRAME
Total area
18,984 SF
Lot
3.88 ac (169,013 SF)
Zoning code
GFDD
APN
LEDY M:91 B:1160 L:51
UPID
US15-0882512
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$816k
Blend (final)
Blend
$760k
Owner & transaction history
Stonington Behavioral INC · 22 yrs held
Stonington Behavioral INC
since 2004
6 recorded transactions
Zoning & alternative use
GFDD · Gales Ferry, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Gales Ferry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gales Ferry 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
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$40 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$25,520
Tax year 2024
Assessed value
$724,780
Assessed 2024
Previous assessed
$724,780
+0.0% YoY
Effective rate
3.52%
On assessed value
Assessed land
$161,840
Assessed improvement
$562,940
Applied tax rate
357.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1992
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
2
Total area
18,984 SF
Lot
3.88 ac (169,013 SF)
Zoning code
GFDD
APN
LEDY M:91 B:1160 L:51
UPID
US15-0882512
Jurisdiction
LEDYARD
Zoning & alternative use
GFDD · Gales Ferry, CT
Zoning GFDD · permitted uses
GFDD · Gales Ferry, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Gales Ferry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
2
Lot
3.88 ac
Current owner
From public records · entity-resolved
Stonington Behavioral INC
Entity
Free & Clear · 22 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2004
$1,000,000
Stonington Behavioral INC
Tabar Assoc INC
Grant Deed
—
Jan 4, 1999
—
Irving H Norman
—
Deed Of Trust
related
$438,015 · Irving Norman INC
Nov 4, 1997
$1,240,000
Tabar Assoc LLC
Tamer,joyce Ann
Grant Deed
$850,000 · Dime Savings Bank Norwich
Nov 4, 1997
—
Tabar Assoc LLC
—
Deed Of Trust
related
$324,868 · C Ann Mcbride
Jan 6, 1992
—
Irving Norman
—
Deed Of Trust
related
$450,000 · Dime Savings Bank Norwich
Oct 13, 1987
$100,000
John Tamer
Norman,carol
Grant Deed
$900,000 · Zions First National 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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