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Property profile & analytics
OFF-MARKET
Industrial properties
111 Main St Somers, CT 06071-1823
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US15-0037077
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1900
Construction
FRAME
Total area
4,340 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B
APN
SOME M:21 B:07
UPID
US15-0037077
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
-
Somersvillage Gifts & Gourmet Baskets INC. (Bike/Boat/Book/etc) Store
-
Posh Hair Studio Hair Salon
-
Nails in a Bottle Nail Salon
-
Bathroom Pros Renovation Specialist General Contractor
-
La Vie Nails Nail Salon
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
Patrick Malloy · 16 yrs held
Patrick Malloy
since 2010
4 recorded transactions
Zoning & alternative use
B · Somers, 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 Somers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somers 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
$5,670
Tax year 2023
Assessed value
$200,300
Assessed 2023
Previous assessed
$200,300
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$75,600
Assessed improvement
$124,700
Applied tax rate
412.0000
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
7
Rooms
8
Bathrooms
1
Total area
4,340 SF
Lot
0.57 ac (24,829 SF)
Zoning code
B
APN
SOME M:21 B:07
UPID
US15-0037077
Jurisdiction
SOMERS
Zoning & alternative use
B · Somers, CT
Zoning B · permitted uses
B · Somers, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
7
Rooms
8
Bathrooms
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Patrick Malloy
Individual
Mailing address
835 MATHER ST, SUFFIELD, CT 06078-2605
Ownership since
2010
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
Jun 7, 2010
$170,000
Patrick Malloy
Dlb Realty LLC
Warranty Deed
$70,000 · Zwi Kohorn
Feb 13, 2006
—
Dlb Realty LLC
—
Deed Of Trust
related
$100,000 · Mortgage Line Co
May 13, 2004
—
Dlb Realty LLC
—
Deed Of Trust
related
$60,000 · Worth Funding INC
Sep 15, 2003
—
D L B Rlty LLC
—
Deed Of Trust
related
$41,000 · Worth Funding 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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