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Property profile & analytics
OFF-MARKET
Commercial land
Boston Ave Stratford, CT 06614
Entity Owned
3-yr Hold
Free & Clear
Property ID
US15-1089008
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.02 ac (871 SF)
Zoning code
RM-1
APN
STRA M:20-9 B:1 L:19
UPID
US15-1089008
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Iglesias Capital LLC · 3 yrs held
Iglesias Capital LLC
since 2022
1 recorded transaction
Zoning & alternative use
RM-1 · Stratford, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship B…
Zone name
Multifamily Residence
General category
RESIDENTIAL
Zone area
869.49 ac
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 Stratford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stratford 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
$464
Tax year 2023
Assessed value
$11,550
Assessed 2023
Previous assessed
$11,550
+0.0% YoY
Effective rate
4.02%
On assessed value
Assessed land
$11,550
Applied tax rate
114.0000
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
Heating
NONE
Lot
0.02 ac (871 SF)
Zoning code
RM-1
APN
STRA M:20-9 B:1 L:19
UPID
US15-1089008
Jurisdiction
STRATFORD
Zoning & alternative use
RM-1 · Stratford, CTZoning RM-1 · permitted uses
RM-1 · Stratford, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
of Stratford is divided into the following zoning districts, as described herein: Type of District District Name Abbreviation(s) Residential Single-Family Residence RS-1, RS-2, RS-3, RS-4 Two and Three Family Residence RM-1 Affordable Housing Affordable Housing Opportunity Zone AHOZ Housing Opportunity Development HOD Surf Avenue Housing Zone SAHZ Lordship Boulevard Housing Zone LBHZ Commercial Limited Business (Civic Center) LB Limited Bu
Zone name
Multifamily Residence
General category
RESIDENTIAL
Zone area
869.49 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.02 ac
Current owner
From public records · entity-resolved
Iglesias Capital LLC
Entity
Free & Clear · 3 yrs held
Mailing address
369 E 62ND ST, NEW YORK, NY 10065-7705
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2022
—
Iglesias Capital LLC
Darius Iglesias
Quit Claim Deed
related
—
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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