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Property profile & analytics
OFF-MARKET
Showrooms
81 Halls Rd, Old Lyme, CT 06371
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0017204
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1968
Construction
FRAME
Total area
2,970 SF
Lot
0.47 ac (20,473 SF)
APN
OLYM M:21 L:61
UPID
US15-0017204
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
-
Jan Fitzgerald Briscoe Family Counselor
-
Care-ing Hands Massage Alternative Medicine Practice Spa & Massage Center
-
Colleen Shay Physician Medical Clinic
-
A behavioral Approach Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lex Limited Ent LLC · 14 yrs held
Lex Limited Ent LLC
since 2011
7 recorded transactions
Zoning & alternative use
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 Old Lyme submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Lyme 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,801
Tax year 2023
Assessed value
$289,400
Assessed 2023
Previous assessed
$289,400
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$178,700
Assessed improvement
$110,700
Applied tax rate
364.0000
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
1968
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
2,970 SF
Lot
0.47 ac (20,473 SF)
APN
OLYM M:21 L:61
UPID
US15-0017204
Jurisdiction
OLD LYME
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
0.47 ac
Current owner
From public records · entity-resolved
Lex Limited Ent LLC
Entity
Mailing address
160 HEMPSTEAD ST, NEW LONDON, CT 06320-5638
Ownership since
2011
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
Dec 28, 2011
$1
Lex Limited Ent LLC
Reardon,robert I
Grant Deed
related
—
Dec 4, 2009
$350,000
Robert Reardow JR.
Thm LLC
Warranty Deed
—
Jul 20, 2006
$490,000
Thm LLC
E F&g Medical Build LLP
Warranty Deed
$441,000 · Citizens Bank Of Ct
May 27, 2004
—
Ef&g Medical Bldg
—
Deed Of Trust
related
$240,000 · Peoples Bank
Dec 21, 2000
—
Ef&g Medical Bldgs LLC
—
Deed Of Trust
related
$240,000 · Peoples Bank
Sep 17, 1998
—
Ef Buildiings
—
Deed Of Trust
related
$191,250 · Peoples Bank
Apr 15, 1993
$150,000
Engel Feldman Fam Prac
Old Lyme Realty
Warranty Deed
$140,000 · Zenon Grzybowski
Apr 15, 1993
—
Engel Feldman Fam Prac
—
Deed Of Trust
related
$125,000 · Zenon Grzybowski
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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