Individually Owned Property summary
AI-generated overview
The property in Colchester, Connecticut is a commercial garage facility featuring a large 5-bay garage with newly replaced oversized sectional garage doors, each equipped with door openers, along with heating units for temperature control. An office area is connected to the garage and includes two bathrooms. Exterior parking is available adjacent to the structure for multiple vehicles or equipment storage, and a hydraulic lift is present for continued use. The facility has been used for storage of four full-sized dump trucks and is configured to support heavy equipment storage along with repair-related activities, and is also suitable for uses such as landscaping or paving operations. The site provides convenient access to Route 2.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1985
Construction
FRAME
Total area
4,000 SF
Lot
0.57 ac (24,829 SF)
Zoning code
RU
APN
COLC M:006 B:012 L:011-000
UPID
US15-0781819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement HVAC Service
-
Renovation Specialist General Contractor
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$225k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$225k
Owner & transaction history
since 2019
5 recorded transactions
Zoning & alternative use
RU · Colchester, CT
General category
AGRICULTURAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 13 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$225k
Value range
$203k – $248k
±10% around blend
Estimated value / SF
$56 / SF
Confidence
High
13 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$203k
blend $225k
$248k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
4,000 SF
Lot area
0.57 ac
Year built
1985
Stories
2
APN
COLC M:006 B:012 L:011-000
Zoning
RU
Assessed value
$127,600
Annual tax
$3,473
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$463k
Weighted, 13 comps · high confidence
Evidence
13 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
12.8 mi away · 3,110 SF
13.3 mi away · 3,389 SF
17.2 mi away · 3,000 SF
18.3 mi away · 4,120 SF
18.5 mi away · 3,876 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$225k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 21 sales
$56
+1%
Submarket 23 sales
$56
+1%
County 397 sales
$83
-32%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $56/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 13 sales
Market rates by use type
PDF export
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$128k
Move the market yield to see immediate price impact.
Value / SF
$32
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$8k
$161k
$115k
$89k
$9k
$179k
$128k
$99k
$10k
$197k
$140k
$109k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
13 found
High confidence · county-verified
Closest comparable
$240k
12.4 mi · Jan 2026 · $49/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,473
Tax year 2023
Assessed value
$127,600
Assessed 2023
Previous assessed
$127,600
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$40,300
Assessed improvement
$87,300
Applied tax rate
380.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
2
Total area
4,000 SF
Lot
0.57 ac (24,829 SF)
Zoning code
RU
APN
COLC M:006 B:012 L:011-000
UPID
US15-0781819
Jurisdiction
COLCHESTER
Zoning & alternative use
RU · Colchester, CTZoning RU · permitted uses
RU · Colchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
General category
AGRICULTURAL
Building & site characteristics
From public records
Year built
1985
Construction
FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
2
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
RU
AGRICULTURAL
Jurisdiction
Colchester, CT
Recorded code
RU
Official district
RU
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RU in Colchester, CT.
What opens after registration
Zoning profile
District factsZone name, category and district area
Cited sourceThe exact document the profile quotes
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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