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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Retail space
115 Main St East Windsor, CT 06088
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-1180510
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,490 SF
Lot
2.57 ac (111,949 SF)
Zoning code
B-1
APN
EWIN M:88 B:45 L:25
UPID
US15-1180510
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
-
Dollar General Discount Store
-
FedEx OnSite Postal Service Courier Service
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.91M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.70M
Owner & transaction history
Exchahngeright Net Leased · 4 yrs held
Exchahngeright Net Leased
since 2021
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
B-1 · East Windsor, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+48.6%
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 East Windsor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Windsor 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
$2,040,000
ML approach
$1,905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,090,000
Current use
RESTAURANT
$1,625,000
Change: +49% · Conversion: Easy
OFFICE BUILDING
$1,045,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±10% · vs last sale $1.69M (Aug 25 2021)
Last sale anchor
$1.69M
Aug 25 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
$179 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,077
Tax year 2022
Assessed value
$671,240
Assessed 2022
Previous assessed
$671,240
+0.0% YoY
Effective rate
3.44%
On assessed value
Assessed land
$115,600
Assessed improvement
$555,640
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
8
Bathrooms
3
Total area
9,490 SF
Lot
2.57 ac (111,949 SF)
Zoning code
B-1
APN
EWIN M:88 B:45 L:25
UPID
US15-1180510
Jurisdiction
EAST WINDSOR
Zoning & alternative use
B-1 · East Windsor, CT
Zoning B-1 · permitted uses
B-1 · East Windsor, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Windsor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
8
Bathrooms
3
Lot
2.57 ac
Current owner
From public records · entity-resolved
Exchahngeright Net Leased
Individual
Mailing address
115 E MAIN ST STE #310, EAST WINDSOR, CT 06088
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2021
$1,691,429
Exchahngeright Net Leased
Broad Brook Ct LLC
Warranty Deed
$68,800,000 · Wells Fargo Bank NA
Feb 20, 2014
—
Broad Brook Ct LLC
—
Grant Deed
related
$1,100,480 · Branch Bk&tr
Feb 28, 2013
$300,000
Broad Brook Ct LLC
Rye Street Business Prop
Warranty Deed
—
Jan 9, 2007
—
Rye St Business Park LLC
—
Deed Of Trust
related
$100,000 · Metro Mortgage & Financial Svc
Sep 22, 2004
$400,000
K&s Prop Main St LLC
Steeltech Bldg P INC
Warranty Deed
—
Aug 18, 2004
—
Steeltech Bldg Prod INC
—
Deed Of Trust
related
$246,335 · Banknorth NA
Feb 2, 2000
—
Tp Builders INC
—
Deed Of Trust
related
$139,104 · Steeltec Bldg Product
Oct 1, 1998
$85,215
Robert Blake
Ianelli,joseph
Warranty Deed
—
Dec 22, 1997
$165,000
T P Builders INC
Thomas,scott
Warranty Deed
—
Jan 11, 1996
$175,000
Scott Thomas
Dellarippa,angelo Tr
Warranty Deed
$170,000 · Zenon Grzybowski
Jan 11, 1994
$46,000
Robert Blake
Cotter John P Est
Grant Deed
—
Oct 27, 1987
$609,000
John Cotter JR.
Rasmussen,dean
Grant Deed
$650,000 · United Bank & 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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