Technical
Financial
Distress signals
Property profile

83 Halls Rd Old Lyme, CT 06371

OFF-MARKET
Showrooms
Property ID
US15-0808645
13,858 SF 1.15 ac lot Built 1975
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a second-floor office suite within a multi-tenant, high-traffic office building with elevator access. The suite is configured with three private offices and a main shared/workroom for day-to-day operations. The building’s first floor includes commercial retail uses, including Citizens Bank and Dunkin Donuts. The building is located just off I-95, across from Big Y, with access to Old Lyme and Old Saybrook.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1975
Construction FRAME
Total area 13,858 SF
Lot 1.15 ac (50,094 SF)
APN OLYM M:21 L:57
UPID US15-0808645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Financial Advisor
  • Bank Loan Service
  • Financial Advisor
  • Consultant Training Centre

Location

83 Halls Rd Old Lyme, CT 06371-4409
Old Lyme metro Census 660101 NORWICH-NEW LONDON, CT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.32M

Owner & transaction history

since 2016
6 recorded transactions
2016
$2.3M
2002
$1.1M
1990
Price N/A
1989
Price N/A
1988
$1.1M
1987
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $1.9M +66.1%
Retail stores $1.5M +34.9%
Apartment house (5+ units) $1.2M +2.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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