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Property profile & analytics
OFF-MARKET
Showrooms
116 Parum Rd Colchester, CT 06415-1923
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0449174
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1961
Construction
STEEL FRAME
Total area
3,913 SF
Lot
0.75 ac (32,670 SF)
Zoning code
TC
APN
COLC M:019 B:000 L:066-000
UPID
US15-0449174
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
-
Nicholas H. Mancuso Law Firm
-
FedEx Drop Box Postal Service Courier Service
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
Albany Tpke 282-284 LLC · 3 yrs held
Albany Tpke 282-284 LLC
since 2022
Last sale
$425,000
7 recorded transactions
Zoning & alternative use
TC · Colchester, 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 Colchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colchester 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
$8,860
Tax year 2023
Assessed value
$325,500
Assessed 2023
Previous assessed
$325,500
+0.0% YoY
Effective rate
2.72%
On assessed value
Assessed land
$73,300
Assessed improvement
$252,200
Applied tax rate
380.0000
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
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
7
Bathrooms
2
Total area
3,913 SF
Lot
0.75 ac (32,670 SF)
Zoning code
TC
APN
COLC M:019 B:000 L:066-000
UPID
US15-0449174
Jurisdiction
COLCHESTER
Zoning & alternative use
TC · Colchester, CT
Zoning TC · permitted uses
TC · Colchester, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
7
Bathrooms
2
Lot
0.75 ac
Current owner
From public records · entity-resolved
Albany Tpke 282-284 LLC
Entity
Mailing address
57 JOLIN LN, COLCHESTER, CT 06415-1782
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2022
—
Albany Tpke 282-284 LLC
Nicholas H Mancuso LLC
Quit Claim Deed
related
—
Mar 6, 2014
$425,000
Law Offices Of N Mancuso
Colchester Construction
Warranty Deed
—
Sep 29, 2011
$305,000
Colchester Const LLC
More Than Stoves LLC
Warranty Deed
$164,000 · Chelseagroton Svgs Bk
Apr 15, 2005
—
More Than Stoves LLC
—
Deed Of Trust
related
$214,355 · Liberty Bank
Dec 10, 2002
$275,000
More Than Stores LLC
Lachance,joseph
Warranty Deed
$220,000 · Zenon Grzybowski
Dec 30, 1994
—
Joseph Bruce Lachance
—
Deed Of Trust
related
$280,000 · Glastonbury Bank & Trust
Dec 21, 1988
—
Joseph Lachance
—
Deed Of Trust
related
$237,000 · Glastonbury Bank & Trust
Sep 23, 1987
—
J Bruce Lachance
—
Deed Of Trust
related
$125,000 · Glastonbury Bank & Trust
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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