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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Commercial land
9 Cottrell St, Stonington, CT 06378-2603
Entity Owned
2-yr Hold
Free & Clear
Property ID
US15-0599926
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1935
Construction
WOOD FRAME
Total area
2,264 SF
Lot
0.03 ac (1,307 SF)
Zoning code
DB-5
APN
STON M:182 B:4 L:3
UPID
US15-0599926
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Whalers Inn Re LLC · 2 yrs held
Whalers Inn Re LLC
since 2024
Last sale
$535,000
4 recorded transactions
Zoning & alternative use
DB-5 · Stonington, 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 Stonington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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
$535,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $535k (Feb 12 2024)
Last sale anchor
$535k
Feb 12 2024
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
$236 / 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
$3,391
Tax year 2023
Assessed value
$176,500
Assessed 2023
Previous assessed
$176,500
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$176,500
Applied tax rate
372.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1935
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Total area
2,264 SF
Lot
0.03 ac (1,307 SF)
Zoning code
DB-5
APN
STON M:182 B:4 L:3
UPID
US15-0599926
Jurisdiction
STONINGTON
Zoning & alternative use
DB-5 · Stonington, CT
Zoning DB-5 · permitted uses
DB-5 · Stonington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stonington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD FRAME
Heating
HOT WATER
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
Whalers Inn Re LLC
Entity
Free & Clear · 2 yrs held
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
—
Whalers Inn Re LLC
Whalers Inn 9 Cottrell Ll
Quit Claim Deed
related
—
Sep 17, 2010
—
Mystic River Re LLC
—
Deed Of Trust
related
$54,778 · Kevin&joan Redmond
Jun 5, 2006
—
Mystic River Re LLC
—
Deed Of Trust
related
$242,000 · Ct Comunity Inv
Dec 21, 2005
$535,000
Mystic River Re LLC
Lowe,john P
Warranty Deed
$291,000 · Savings Institute
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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