Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Showrooms
109 Industrial Dr Southington, CT 06489-1182
Entity Owned
4-yr Hold
Free & Clear
Property ID
US15-0789787
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2010
Construction
STEEL FRAME
Total area
12,766 SF
Lot
1.21 ac (52,708 SF)
Zoning code
I-1
APN
SOUT M:192 L:031 U:0017
UPID
US15-0789787
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
-
Martin’s Famous Pastry Shoppe Inc Bakery Specialty Food Shop
-
login parking Freight Service Logistics Company
-
Camlock Systems Inc Security Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$817k
Blend (final)
Blend
$1.31M
Owner & transaction history
109 Industrial Drive LLC · 4 yrs held
109 Industrial Drive LLC
since 2021
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
I-1 · Southington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.2M
+80.9%
Retail stores
$1.5M
+21.8%
Office building
$1.4M
+16.6%
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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$1,270,000
ML approach
$1,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,205,000
Current use
RESTAURANT
$2,185,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,470,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$1,405,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,280,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,175,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.30M (Dec 23 2021)
Last sale anchor
$1.30M
Dec 23 2021
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
$103 / 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
$16,442
Tax year 2023
Assessed value
$541,580
Assessed 2023
Previous assessed
$541,580
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$68,610
Assessed improvement
$472,970
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
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
12,766 SF
Lot
1.21 ac (52,708 SF)
Zoning code
I-1
APN
SOUT M:192 L:031 U:0017
UPID
US15-0789787
Jurisdiction
SOUTHINGTON
Zoning & alternative use
I-1 · Southington, CT
Zoning I-1 · permitted uses
I-1 · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
RESTAURANT
Est. value
$2.2M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2010
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
109 Industrial Drive LLC
Entity
Free & Clear · 4 yrs held
Mailing address
109 E INDUSTRIAL DR, SOUTHINGTON, CT 06489-1182
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
$1,300,000
109 Industrial Drive LLC
Foxcroft Enterprises LLC
Warranty Deed
—
Aug 18, 2017
—
Foxcroft Ents LLC
—
Deed
related
$825,000 · Webster Bk
Jun 2, 2017
—
Foxcroft Enterprises L
—
Deed
related
$100,000 · Santander Bank NA
Nov 19, 2012
—
Foxcroft Ent LLC
—
Deed Of Trust
related
$700,000 · Sovereign Bank
Sep 3, 2009
—
Foxcroft Enterprises LLC
—
Deed Of Trust
related
$500,000 · Farmington Savings Bank
—
—
Foxcroft Ents LLC
—
Deed Of Trust
related
$825,000 · Webster Bk
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 109 Industrial Dr?
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.
