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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Showrooms
7 Riv Rd Pawcatuck, CT 06379-2034
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-0959668
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,383 SF
Lot
4 ac (174,240 SF)
Zoning code
MC-80
APN
STON M:5 B:6 L:21
UPID
US15-0959668
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
-
Norwest Marine Marina Boat Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$629k
Blend (final)
Blend
$765k
Owner & transaction history
Nwm Property Group LLC · 3 yrs held
Nwm Property Group LLC
since 2023
Last sale
$1.0M
6 recorded transactions
Zoning & alternative use
MC-80 · Pawcatuck, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$740,000
+49.4%
Retail stores
$600,000
+21.3%
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 Pawcatuck submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pawcatuck 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
$640,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$495,000
Current use
OFFICE BUILDING
$740,000
Change: +49% · Conversion: Easy
RETAIL STORES
$600,000
Change: +21% · Conversion: Easy
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $1.00M (May 15 2023)
Last sale anchor
$1.00M
May 15 2023
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
$142 / 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
$44,497
Tax year 2024
Assessed value
$2,335,800
Assessed 2024
Previous assessed
$2,335,800
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$444,900
Assessed improvement
$1,890,900
Applied tax rate
372.0000
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
5,383 SF
Lot
4 ac (174,240 SF)
Zoning code
MC-80
APN
STON M:5 B:6 L:21
UPID
US15-0959668
Jurisdiction
STONINGTON
Zoning & alternative use
MC-80 · Pawcatuck, CTZoning MC-80 · permitted uses
MC-80 · Pawcatuck, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$495,000
OFFICE BUILDING
Est. value
$740,000
RETAIL STORES
Est. value
$600,000
COMMERCIAL (GENERAL) Current
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
4 ac
Current owner
From public records · entity-resolved
Nwm Property Group LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7 RIV RD, PAWCATUCK, CT 06379-2034
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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 15, 2023
$250,000
Nwm Property Group LLC
Norwest Marine INC
Warranty Deed
—
May 15, 2023
$1,000,000
Nwm Property Group LLC
Norwest Marine INC
Warranty Deed
—
May 5, 1989
—
Edward P Vallerie
—
Deed Of Trust
related
$2,734,000 · Union Trust Co
Jan 25, 1988
—
Edward P Vallerie
—
Deed Of Trust
related
$2,250,000 · Union Trust Co
Dec 30, 1987
$360,000
Edward P Vallerie
Cunliffe,charles H
Grant Deed
—
Apr 15, 1987
—
Charles H Cunliffe
—
Deed Of Trust
related
$235,000 · Ri Hosp Trust 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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