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Property profile & analytics
OFF-MARKET
Showrooms
1029 Storrs Rd Storrs Mansfield, CT 06268-2615
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US15-0666610
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1969
Construction
FRAME
Total area
5,105 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RAR90
APN
MANS M:23 B:59 L:27
UPID
US15-0666610
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
-
Redbird Real Estate Real Estate Agency
-
Peter Leeds Real Estate Agency
-
Stix `n` Stones Marketplace & Cafe Cafe & Coffee Shop
-
Stix n Stones Marketplace Take-out & Catering Catering Service
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
Michael J Mcdonald · 14 yrs held
Michael J Mcdonald
since 2011
1 recorded transaction
Zoning & alternative use
RAR90 · Storrs Mansfield, 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 Storrs Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Storrs Mansfield 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
$13,601
Tax year 2023
Assessed value
$431,500
Assessed 2023
Previous assessed
$431,500
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$100,100
Assessed improvement
$331,400
Applied tax rate
410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1969
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Total area
5,105 SF
Lot
1.4 ac (60,984 SF)
Zoning code
RAR90
APN
MANS M:23 B:59 L:27
UPID
US15-0666610
Jurisdiction
MANSFIELD
Zoning & alternative use
RAR90 · Storrs Mansfield, CT
Zoning RAR90 · permitted uses
RAR90 · Storrs Mansfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Storrs Mansfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Lot
1.4 ac
Current owner
From public records · entity-resolved
Michael J Mcdonald
Individual
Mailing address
PO BOX 371, MANSFIELD CENTER, CT 06250-0371
Ownership since
2011
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
Aug 1, 2011
$250,000
Michael J Mcdonald
Paul L Hammer JR
Warranty Deed
$220,000 · Sellers
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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