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Property profile & analytics
OFF-MARKET
Estimated value
$14,160,000
Showrooms
53 Courtland Ave Stamford, CT 06902-3401
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0177561
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Construction
STEEL FRAME
Total area
67,914 SF
Lot
4.12 ac (179,467 SF)
Zoning code
RM1
APN
STAM M:001 B:6488
UPID
US15-0177561
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
-
Stamford Dog Park Dog Park Park
-
Cassena Care at Stamford Nursing Home
-
53 Courtland Avenue Nursing Home
-
Courtland Gardens Health Center: Miner Charles MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.22M
Comparable Approach
Comparable
$10.55M
Blend (final)
Blend
$14.16M
Owner & transaction history
Stamford Care Ctr Rlty Ll · 1 yrs held
Stamford Care Ctr Rlty Ll
since 2025
Last sale
$19.4M
7 recorded transactions
Zoning & alternative use
RM1 · Stamford, 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 Stamford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stamford 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%
$19,740,000
6.5%
$18,220,000
7%
$16,920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$20,440,000
Current use
RESTAURANT
$17,445,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$14.16M
Range $12.74M – $15.58M · ±10% · vs last sale $19.40M (Mar 2 2025)
Last sale anchor
$19.40M
Mar 2 2025
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
$208 / 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
$156,223
Tax year 2023
Assessed value
$6,189,520
Assessed 2023
Previous assessed
$5,532,150
+11.9% YoY
Effective rate
2.52%
On assessed value
Assessed land
$2,728,540
Assessed improvement
$3,460,980
Applied tax rate
112.0000
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
1964
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
156
Total area
67,914 SF
Lot
4.12 ac (179,467 SF)
Zoning code
RM1
APN
STAM M:001 B:6488
UPID
US15-0177561
Jurisdiction
STAMFORD
Zoning & alternative use
RM1 · Stamford, CT
Zoning RM1 · permitted uses
RM1 · Stamford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stamford. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$20.4M
RESTAURANT
Est. value
$17.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1964
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
156
Lot
4.12 ac
Current owner
From public records · entity-resolved
Stamford Care Ctr Rlty Ll
Individual
Mailing address
225 CROSSWAYS PARK DR, WOODBURY, NY 11797-2083
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2025
$19,400,000
Stamford Care Ctr Rlty Ll
Stamford Acqui II LLC
Warranty Deed
$31,500,000 · Dmt Spe I LLC
Nov 30, 2020
—
Stamford Acquisition 2
—
Deed
related
$8,191,939 · Signature Bank
Nov 19, 2015
—
Stamford Acquisition 2
Courtland Gardens Seni
Warranty Deed
$7,360,000 · Signature Bank
Mar 13, 2014
—
Regency Hts Of Stamford
—
Deed Of Trust
related
$3,400,000 · Liberty Bank & Trust Co
Dec 5, 2011
—
Courtland Gardens Senior
—
Deed Of Trust
related
$3,500,000 · Capmark Bank
Jan 11, 2011
$800,000
Courtland Gardens Senior
Kindred Healthcare Oper
Warranty Deed
—
May 7, 1998
$8,600,000
Ventas Rlty LP
Stamford Hlth Assoc LP
Grant Deed
—
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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