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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Showrooms
880 Boston Post Rd, Old Saybrook, CT 06475-2149
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0315816
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1960
Construction
FRAME
Total area
10,436 SF
Lot
0.51 ac (22,216 SF)
Zoning code
B-2
APN
OSAY M:036 B:162 L:
UPID
US15-0315816
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
-
Tatts All Over Tattoo & Piercing Shop
-
The Psychic of Old Saybrook Spiritual Center
-
Tai Massage Asian Spa Alternative Medicine Practice Spa & Massage Center
-
Annabella Beauty (Lashes) Hair Salon Nail Salon
-
C and L Jewelry Gifts (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$574k
Blend (final)
Blend
$595k
Owner & transaction history
Martinaj Group Invs LLC · 3 yrs held
Martinaj Group Invs LLC
since 2022
Last sale
$625,000
2 recorded transactions
Zoning & alternative use
B-2 · Old Saybrook, 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 Old Saybrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Old Saybrook 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
$560,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $625k (Oct 13 2022)
Last sale anchor
$625k
Oct 13 2022
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
$57 / 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
$13,564
Tax year 2023
Assessed value
$663,300
Assessed 2023
Previous assessed
$663,300
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$334,500
Assessed improvement
$328,800
Applied tax rate
274.0000
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
1960
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
10
Total area
10,436 SF
Lot
0.51 ac (22,216 SF)
Zoning code
B-2
APN
OSAY M:036 B:162 L:
UPID
US15-0315816
Jurisdiction
OLD SAYBROOK
Zoning & alternative use
B-2 · Old Saybrook, CT
Zoning B-2 · permitted uses
B-2 · Old Saybrook, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Old Saybrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
10
Lot
0.51 ac
Current owner
From public records · entity-resolved
Martinaj Group Invs LLC
Entity
Mailing address
880 BOSTON POST RD, OLD SAYBROOK, CT 06475-2149
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2022
$625,000
Martinaj Group Invs LLC
Soc&e Ltd
Warranty Deed
$475,000 · Soc&e Ltd
Mar 30, 1995
$345,000
Soc&e Ltd
Dogan Peter W Est
Grant Deed
—
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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