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Property profile & analytics
OFF-MARKET
Showrooms
1000 Horse Hl Rd Westbrook, CT 06498
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0640619
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1978
Total area
2,330 SF
Lot
10 ac (435,600 SF)
Zoning code
RR
APN
WBRO M:130 L:014
UPID
US15-0640619
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
Kevin Brown · 20 yrs held
Kevin Brown
since 2006
7 recorded transactions
Zoning & alternative use
RR · Westbrook, 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 Westbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westbrook 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
$7,126
Tax year 2023
Assessed value
$334,260
Assessed 2023
Previous assessed
$334,260
+0.0% YoY
Effective rate
2.13%
On assessed value
Assessed land
$146,310
Assessed improvement
$187,950
Applied tax rate
278.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1978
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
9
Bathrooms
2
Total area
2,330 SF
Lot
10 ac (435,600 SF)
Zoning code
RR
APN
WBRO M:130 L:014
UPID
US15-0640619
Jurisdiction
WESTBROOK
Zoning & alternative use
RR · Westbrook, CT
Zoning RR · permitted uses
RR · Westbrook, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Westbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
9
Bathrooms
2
Lot
10 ac
Current owner
From public records · entity-resolved
Kevin Brown
Individual
Mailing address
122 MEADOWLARK LN, WESTBROOK, CT 06498-1438
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2006
—
Kevin Brown
—
Deed Of Trust
related
$9,500 · George Bernard
Jun 15, 2006
—
Kevin Brown
—
Deed Of Trust
related
$60,000 · Webster Bank
May 16, 2006
—
Kevin Brown
—
Deed Of Trust
related
$237,000 · Taylor Bean & Whitaker Mtg
Jun 11, 2003
—
Kevin Brown
—
Deed Of Trust
related
$262,500 · Americas Wholesale Loan
Jul 31, 2001
—
Kevin Brown
—
Deed Of Trust
related
$203,900 · Chase Manhattan Mortgage Corp
Mar 10, 2000
—
Kevin Brown
—
Deed Of Trust
related
$46,000 · Timothy Johnson
Mar 3, 2000
—
Kevin Brown
—
Deed Of Trust
related
$209,000 · Chase Manhattan Mortgage Corp
Jan 28, 1998
—
Kevin Brown
—
Deed Of Trust
related
$208,000 · Residential Money Centers INC
Jun 12, 1990
—
Kevin Brown
—
Deed Of Trust
related
$100,000 · Union Trust Co
Nov 30, 1988
—
Kevin Brown
—
Deed Of Trust
related
$81,000 · Union 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.
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