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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Industrial properties
8 Riv St Waterford, CT 06385-3121
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0247534
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1989
Construction
STEEL FRAME
Total area
34,995 SF
Lot
3.9 ac (169,884 SF)
Zoning code
WDW
APN
WFRD M:156 L:6574
UPID
US15-0247534
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
-
Niantic Bay Boathouse Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$674k
Blend (final)
Blend
$635k
Owner & transaction history
Niantic Partners LLC · 7 yrs held
Niantic Partners LLC
since 2019
5 recorded transactions
Zoning & alternative use
WDW · Waterford, 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 Waterford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waterford 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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$18 / 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
$25,506
Tax year 2023
Assessed value
$1,203,110
Assessed 2023
Previous assessed
$1,203,110
+0.0% YoY
Effective rate
2.12%
On assessed value
Assessed land
$523,850
Assessed improvement
$679,260
Applied tax rate
376.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
ELECTRIC
Buildings
1
Stories
2
Units
1
Bathrooms
1
Total area
34,995 SF
Lot
3.9 ac (169,884 SF)
Zoning code
WDW
APN
WFRD M:156 L:6574
UPID
US15-0247534
Jurisdiction
WATERFORD
Zoning & alternative use
WDW · Waterford, CT
Zoning WDW · permitted uses
WDW · Waterford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waterford. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
ELECTRIC
Stories
2
Buildings
1
Units
1
Bathrooms
1
Lot
3.9 ac
Current owner
From public records · entity-resolved
Niantic Partners LLC
Entity
Mailing address
7205 DEER PT LN, WEST PALM BEACH, FL 33411-5716
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2022
—
Niantic Partners LLC
—
Deed
related
$1,400,000 · Anthony Ricci
May 1, 2019
$300,000
Niantic Partners LLC
Linda Harrington
Warranty Deed
$200,000 · Anthony Ricci
Apr 7, 2005
—
Gce LLC
—
Deed Of Trust
related
$640,000 · Banknorth NA
Dec 1, 2004
$800,000
Gce LLC
Nbbv INC
Warranty Deed
—
Oct 8, 1993
$800,000
Nbbv INC
Sylvester,anthony J Cm
Committee
—
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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