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Property profile & analytics
OFF-MARKET
Estimated value
$2,035,000
Automotive properties
795 Straits Tpke, Watertown, CT 06795-3320
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0972572
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,214 SF
Lot
1.57 ac (68,389 SF)
Zoning code
BSC
APN
WTWN M:165A B:257 L:62
UPID
US15-0972572
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
-
River Oak Academy Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.04M
Owner & transaction history
795 Straits Turnpike LLC · 3 yrs held
795 Straits Turnpike LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
BSC · Watertown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.5M
+142.1%
Retail stores
$2.2M
+112.4%
Medical building
$1.9M
+89.2%
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 Watertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Watertown 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
$2,135,000
ML approach
$2,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,485,000
Change: +142% · Conversion: Difficult
RETAIL STORES
$2,180,000
Change: +112% · Conversion: Difficult
MEDICAL BUILDING
$1,945,000
Change: +89% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,890,000
Change: +84% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,770,000
Change: +72% · Conversion: Moderate
Blend value · Realmo final
$2.04M
Range $1.83M – $2.24M · ±10% · vs last sale $1.96M (Mar 13 2023)
Last sale anchor
$1.96M
Mar 13 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
$106 / 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
$51,103
Tax year 2023
Assessed value
$1,386,400
Assessed 2023
Previous assessed
$1,386,400
+0.0% YoY
Effective rate
3.69%
On assessed value
Assessed land
$350,700
Assessed improvement
$1,035,700
Applied tax rate
240.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Total area
19,214 SF
Lot
1.57 ac (68,389 SF)
Zoning code
BSC
APN
WTWN M:165A B:257 L:62
UPID
US15-0972572
Jurisdiction
WATERTOWN
Zoning & alternative use
BSC · Watertown, CT
Zoning BSC · permitted uses
BSC · Watertown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Watertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$2.5M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Lot
1.57 ac
Current owner
From public records · entity-resolved
795 Straits Turnpike LLC
Entity
Mailing address
795 STRAITS TPKE, WATERTOWN, CT 06795-3320
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2023
$1,962,500
795 Straits Turnpike LLC
Premier Rlty Watertown
Warranty Deed
$1,500,000 · Premier Rlty Watertow
Aug 21, 2013
$1,600,000
Premier Realty Watertown
Garage,chase P
Warranty Deed
$1,552,000 · Sovereign Bank
Aug 12, 2008
—
Chase Parkway Garage
—
Deed Of Trust
related
$175,000 · Thomaston Savings Bank
Aug 13, 2007
—
Chase Parkway Garage
—
Deed Of Trust
related
$801,698 · Thomaston Savings Bank
Sep 2, 2004
—
Chase Parkway Garge
—
Deed Of Trust
related
$150,000 · Thomaston Savings Bank
Dec 18, 2000
$81,000
Rogerio Simoes
Nardelli,joe
Warranty Deed
$150,000 · Thomaston Savings Bank
Dec 15, 1995
—
Chase Pky Garage
—
Deed Of Trust
related
$500,000 · Thomaston Savings Bank
—
—
Premier Realty Watertown
—
Deed Of Trust
related
$2,000,000 · Bank Of America
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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