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Property profile & analytics
OFF-MARKET
Estimated value
$6,490,000
Showrooms
100 Miles Dr Wallingford, CT 06492-2555
Entity Owned
~
Est. High Equity
Property ID
US15-0573910
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2003
Construction
FRAME
Total area
54,044 SF
Lot
3.08 ac (134,166 SF)
APN
WALL M:067 L:009
UPID
US15-0573910
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
-
100 Miles Drive Parking Parking Lot & Garage
-
Fairfield Inn & Suites Wallingford New Haven Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.08M
Blend (final)
Blend
$6.49M
Owner & transaction history
Danbury Real Estate LLC
Danbury Real Estate LLC
since 2025
Last sale
$6.7M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.9M
+48.1%
Retail stores
$5.9M
+9.9%
Apartment house (5+ units)
$5.7M
+6.0%
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 Wallingford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wallingford 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)
$5,335,000
Current use
RESTAURANT
$7,905,000
Change: +48% · Conversion: Difficult
RETAIL STORES
$5,865,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,660,000
Change: +6% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,900,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$6.49M
Range $5.84M – $7.14M · ±10% · vs last sale $6.70M (Dec 26 2025)
Last sale anchor
$6.70M
Dec 26 2025
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
$120 / 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
$113,414
Tax year 2023
Assessed value
$3,865,500
Assessed 2023
Previous assessed
$3,865,500
+0.0% YoY
Effective rate
2.93%
On assessed value
Assessed land
$826,800
Assessed improvement
$3,038,700
Applied tax rate
310.0000
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
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
116
Total area
54,044 SF
Lot
3.08 ac (134,166 SF)
APN
WALL M:067 L:009
UPID
US15-0573910
Jurisdiction
WALLINGFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.3M
RESTAURANT
Est. value
$7.9M
RETAIL STORES
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$4.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
2003
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
116
Lot
3.08 ac
Current owner
From public records · entity-resolved
Danbury Real Estate LLC
Entity
Mailing address
11751 E CORNING RD, CORNING, NY 14830-3657
Ownership since
2025
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
Dec 26, 2025
$6,700,001
Danbury Real Estate LLC
Wallingford Hotel Partner
Warranty Deed
$5,124,000 · Ascend Bank
Dec 26, 2025
—
Danbury Real Estate LLC
—
Deed
related
$1,500,000 · Ascend Bank
Oct 6, 2014
$6,165,700
Csmc 2007-c 5 Hotel Portfo
Wallingford Ffi LLC
Warranty Deed
—
May 10, 2007
$7,200,000
Wallingford Ffi LLC
Oly Rlty 1 Business T
Warranty Deed
$63,665,000 · Column Financial INC
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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