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Property profile & analytics
OFF-MARKET
Estimated value
$6,115,000
Manufacturing properties
1 Farrel Blvd Ansonia, CT 06401-1256
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US15-0286660
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2016
Construction
STEEL FRAME
Total area
58,212 SF
Lot
9.47 ac (412,513 SF)
Zoning code
CP
APN
ANSO M:003 B:0008 L:0006
UPID
US15-0286660
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
$6.01M
Blend (final)
Blend
$6.12M
Owner & transaction history
Farrel Corp · 9 yrs held
Farrel Corp
since 2016
3 recorded transactions
Zoning & alternative use
CP · Ansonia, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.5M
+106.8%
Commercial (general)
$6.6M
+59.3%
Office building
$6.5M
+58.2%
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 Ansonia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ansonia 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
INDUSTRIAL (GENERAL)
$4,115,000
Current use
RESTAURANT
$8,510,000
Change: +107% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,560,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$6,510,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$6,315,000
Change: +53% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,095,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,280,000
Change: +28% · Conversion: Easy
Blend value · Realmo final
$6.12M
Range $5.50M – $6.73M · ±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
$105 / 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
$127,988
Tax year 2023
Assessed value
$4,877,600
Assessed 2023
Previous assessed
$4,877,600
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$486,290
Assessed improvement
$4,391,310
Applied tax rate
316.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
5
Total area
58,212 SF
Lot
9.47 ac (412,513 SF)
Zoning code
CP
APN
ANSO M:003 B:0008 L:0006
UPID
US15-0286660
Jurisdiction
ANSONIA
Zoning & alternative use
CP · Ansonia, CT
Zoning CP · permitted uses
CP · Ansonia, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ansonia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.1M
RESTAURANT
Est. value
$8.5M
COMMERCIAL (GENERAL)
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.5M
RETAIL STORES
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
AUTO REPAIR, GARAGE
Est. value
$5.3M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2016
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
5
Lot
9.47 ac
Current owner
From public records · entity-resolved
Farrel Corp
Entity
Mailing address
405 BIRMINGHAM BLVD, ANSONIA, CT 06401-1035
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2016
—
Farrel Corp
Fountain Lake LLC
Warranty Deed
$1,750,000 · Miscellaneous Govt Agcy
Mar 16, 2016
—
City Of Ansonia
Fountain Lake LLC
Warranty Deed
—
Nov 29, 2006
$1,120,000
Fountain Lake LLC
Ansonia City Of
Grant Deed
$1,008,000 · Zenon Grzybowski
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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