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Property profile & analytics
OFF-MARKET
Showrooms
115 Redding Rd Redding, CT 06896
Entity Owned
12-yr Hold
Free & Clear
Property ID
US15-0275431
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,322 SF
Lot
16.52 ac (719,611 SF)
Zoning code
R-1
APN
REDD M:46 L:160
UPID
US15-0275431
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
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
Nazzaro Family LLC · 12 yrs held
Nazzaro Family LLC
since 2014
1 recorded transaction
Zoning & alternative use
R-1 · Redding, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-1 Low Density Residential Zone Intent of zone: To provide a moderately spacious residential environment within the natural capacity of the land to sustain safe water supply, sewage disposal, flood control and other public needs.
Zone name
Low Density Residential
General category
RESIDENTIAL
Zone area
166.32 ac
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$13,183
Tax year 2023
Assessed value
$476,110
Assessed 2023
Previous assessed
$476,110
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$294,810
Assessed improvement
$181,300
Applied tax rate
130.0000
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
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,322 SF
Lot
16.52 ac (719,611 SF)
Zoning code
R-1
APN
REDD M:46 L:160
UPID
US15-0275431
Jurisdiction
REDDING
Zoning & alternative use
R-1 · Redding, CTZoning R-1 · permitted uses
R-1 · Redding, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-1 Low Density Residential Zone Intent of zone: To provide a moderately spacious residential environment within the natural capacity of the land to sustain safe water supply, sewage disposal, flood control and other public needs.
Zone name
Low Density Residential
General category
RESIDENTIAL
Zone area
166.32 ac
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
16.52 ac
Current owner
From public records · entity-resolved
Nazzaro Family LLC
Entity
Free & Clear · 12 yrs held
Mailing address
PO BOX 307, GEORGETOWN, CT 06829-0307
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
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
May 14, 2014
—
Nazzaro Family LLC
Nazaro,cynthia M & Gene
Quit Claim Deed
related
—
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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