Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Showrooms
131 Main St Thomaston, CT 06787-1747
Individually Owned
33-yr Hold
~
Est. High Equity
Property ID
US15-0321957
Property summary
AI-generated overview
This exceptional 998-square-foot retail or office space is situated within a vibrant Main Street plaza in Litchfield County. Built in 1989, this single-story building offers a modern and functional layout, perfect for a variety of businesses. The space is part of a larger 9,440-square-foot multi-tenant building, providing a collaborative and bustling atmosphere. The property boasts ample parking, a significant advantage for both employees and customers. The lease rate is $1,300 per month, plus utilities. A paint and flooring allowance is included, allowing for customization to suit your specific business needs. The space is equipped with 200 amps of power, ensuring sufficient electrical capacity for most business operations. This prime location on Main Street offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a thriving commercial environment. The property is classified as both retail and office space, and is specifically suited for executive or medical office uses. Don't miss this opportunity to establish your business in a highly desirable and convenient location.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1989
Construction
FRAME
Total area
10,680 SF
Lot
0.8 ac (34,848 SF)
Zoning code
GC
APN
THOM M:40 B:14 L:27
UPID
US15-0321957
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
-
Main Street Barber Barber Shop
-
Thomaston Family Dental Dental Office
-
Access Rehab Centers Medical Clinic
-
Edward Jones - Financial Advisor Financial Advisor
-
Cutie Pies Bakery & Cafe Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.20M
Blend (final)
Blend
$1.18M
Owner & transaction history
Hollow Plymouth · 33 yrs held
Hollow Plymouth
since 1992
2 recorded transactions
Zoning & alternative use
GC · Thomaston, 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 Thomaston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thomaston 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,560,000
Current use
RESTAURANT
$1,395,000
Change: -11% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,330,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±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
$110 / 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
$20,095
Tax year 2023
Assessed value
$597,520
Assessed 2023
Previous assessed
$597,520
+0.0% YoY
Effective rate
3.36%
On assessed value
Assessed land
$116,200
Assessed improvement
$481,320
Applied tax rate
236.0000
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
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
9
Rooms
8
Bathrooms
3
Total area
10,680 SF
Lot
0.8 ac (34,848 SF)
Zoning code
GC
APN
THOM M:40 B:14 L:27
UPID
US15-0321957
Jurisdiction
THOMASTON
Zoning & alternative use
GC · Thomaston, CT
Zoning GC · permitted uses
GC · Thomaston, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thomaston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
RESTAURANT
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
9
Rooms
8
Bathrooms
3
Lot
0.8 ac
Current owner
From public records · entity-resolved
Hollow Plymouth
Individual
Mailing address
105 CARTER RD, PLYMOUTH, CT 06782-2405
Ownership since
1992
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
Sep 3, 2003
—
Hollow Plymouth
—
Deed Of Trust
related
$400,000 · Peoples Bank
Dec 3, 1992
$428,400
Hollow Plymouth
Ct Galaxy Prop
Grant Deed
$342,720 · United Bank & Trust Co
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 131 Main St?
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.
