Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Commercial real estate
85 Norwich Westerly Rd North Stonington, CT 06359-1713
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0616561
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
1,935 SF
Lot
3.06 ac (133,294 SF)
Zoning code
EDD
APN
NSTO M:122 L:8266
UPID
US15-0616561
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$520k
Owner & transaction history
Cedar Pk Hotel INC · 6 yrs held
Cedar Pk Hotel INC
since 2019
7 recorded transactions
Zoning & alternative use
EDD · North Stonington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Economic Development
General category
UNKNOWN
Zone area
914.17 ac
Source
Realmo
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 North Stonington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Stonington 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$269 / 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
$41,903
Tax year 2023
Assessed value
$1,445,430
Assessed 2023
Previous assessed
$1,445,430
+0.0% YoY
Effective rate
2.90%
On assessed value
Assessed land
$328,930
Assessed improvement
$1,116,500
Applied tax rate
362.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
BASEBOARD
Cooling
YES
Buildings
9
Units
66
Total area
1,935 SF
Lot
3.06 ac (133,294 SF)
Zoning code
EDD
APN
NSTO M:122 L:8266
UPID
US15-0616561
Jurisdiction
NORTH STONINGTON
Zoning & alternative use
EDD · North Stonington, CTZoning EDD · permitted uses
EDD · North Stonington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Economic Development
General category
UNKNOWN
Zone area
914.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1989
Heating
BASEBOARD
Cooling
Yes
Buildings
9
Units
66
Lot
3.06 ac
Current owner
From public records · entity-resolved
Cedar Pk Hotel INC
Entity
Mailing address
470 E MAIN ST, BRANFORD, CT 06405-2943
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
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2024
—
Cedar Park Hotel LLC
—
Deed
related
$1,500,000 · Charter Oak FCU
Sep 12, 2019
$1,708,332
Cedar Pk Hotel INC
Stonington Pk LLC
Warranty Deed
$1,500,000 · Stonington Pk LLC
Aug 7, 2017
$905,000
Stonington Park LLC
Dime Bank
Quit Claim Deed
—
Aug 1, 2017
$933,324
Dime Bank
Nautilus Dev INC
Committee
related
—
Apr 12, 2013
—
Nautilus Dev INC
—
Deed Of Trust
related
$1,550,000 · Entertainment Financial
Sep 22, 2011
—
Nautilus Dev INC
—
Deed Of Trust
related
$850,000 · Northborough Capital Partners
Mar 31, 2011
—
Nautilus Dev INC
—
Deed Of Trust
related
$300,000 · Northborough Capital Partners
Mar 3, 2010
—
Nautilus Dev LLC
—
Deed Of Trust
related
$1,500,000 · Northborough Capital Partners
Feb 21, 2001
—
Nautilus Div INC
—
Deed Of Trust
related
$240,000 · Dime Savings Bank Norwich
Aug 15, 1995
—
Michael B Dunn
—
Deed Of Trust
related
$200,000 · Liberty Bank
Jul 28, 1995
$28,500
Michael B Dunn
Mckeever,kathleen
Grant Deed
—
May 31, 1995
$77,500
Michael B Dunn
Norwich Svgs Society
Grant Deed
$62,000 · Zenon Grzybowski
Feb 11, 1993
—
Gray Lawn Corp
—
Deed Of Trust
related
$179,000 · Chelseagroton Savings Bank
Jan 3, 1992
—
Grey Lawn Corp
—
Deed Of Trust
related
$50,000 · Zwi Kohorn
Jul 31, 1991
$150,000
Richard Moses
Gray Lawn Corp
Warranty Deed
$101,000 · Bank Of Mystic
Jan 31, 1990
—
Gray Lawn Corp
—
Deed Of Trust
related
$550,000 · Washington Trust Co
Aug 25, 1989
$260,000
Randolph Glover
Circle Park Co
Grant Deed
$208,000 · Washington Trust Co
Aug 19, 1988
$106,500
Kathleen Mckeever
Circle Park Corp
Grant Deed
$84,800 · Ne Federal Savings Bank
Mar 30, 1988
—
Gray Lawn Corp
—
Deed Of Trust
related
$150,000 · Bank Of Mystic
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 85 Norwich Westerly Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
