Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
9 Lk Ave Niantic, CT 06357-2411
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0233141
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1890
Total area
1,898 SF
Lot
0.27 ac (11,761 SF)
Zoning code
R10
APN
ELYM M:011.2 B:00131 L:00000
UPID
US15-0233141
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
-
Niantic Animal Hospital Veterinary 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
Emely Claude LLC · 3 yrs held
Emely Claude LLC
since 2023
Last sale
$350,000
7 recorded transactions
Zoning & alternative use
R10 · Niantic, 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 Niantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Niantic 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
$5,009
Tax year 2023
Assessed value
$201,320
Assessed 2023
Previous assessed
$201,320
+0.0% YoY
Effective rate
2.49%
On assessed value
Assessed land
$92,260
Assessed improvement
$109,060
Applied tax rate
352.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1890
Heating
HOT WATER
Buildings
1
Stories
2
Units
2
Rooms
8
Bathrooms
2
Total area
1,898 SF
Lot
0.27 ac (11,761 SF)
Zoning code
R10
APN
ELYM M:011.2 B:00131 L:00000
UPID
US15-0233141
Jurisdiction
EAST LYME
Zoning & alternative use
R10 · Niantic, CT
Zoning R10 · permitted uses
R10 · Niantic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Niantic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Heating
HOT WATER
Stories
2
Buildings
1
Units
2
Rooms
8
Bathrooms
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
Emely Claude LLC
Entity
Mailing address
9 LK AVE, NIANTIC, CT 06357-2411
Ownership since
2023
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
May 10, 2023
$350,000
Emely Claude LLC
Lee S Carpenter
Warranty Deed
$297,500 · Provide INC
Jan 9, 2019
—
Lee Carpenter
Shook,richard
Quit Claim Deed
related
—
Dec 26, 1996
—
Lee S Carpenter
—
Deed Of Trust
related
$113,000 · Citizens Savings Bank Ct
Oct 28, 1992
—
Thomas M Balon
—
Deed Of Trust
related
$123,000 · Ne Federal Savings Bank
Dec 18, 1989
$173,800
Lee Carpenter
Renehan,robert
Grant Deed
$139,000 · New Fijol Ft
Jul 31, 1989
$75,000
Robert Renechan SR.
Smith Assoc
Grant Deed
—
Nov 9, 1988
—
R Assoc
—
Deed Of Trust
related
$148,000 · Bank Of Southeast Ct
Dec 24, 1987
$130,000
R Assoc
F P D Assoc
Grant Deed
$125,000 · Bank Of Southeast Ct
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 9 Lk Ave?
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.
