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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Investment properties
1196 Storrs Rd 1204 Storrs Mansfield, CT 06268-2234
Individually Owned
3-yr Hold
Free & Clear
Property ID
US15-0779198
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1939
Total area
2,377 SF
Lot
2.02 ac (87,991 SF)
Zoning code
I
APN
MANS M:16 B:41 L:UC286
UPID
US15-0779198
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
$890k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Taylor Ft · 3 yrs held
Taylor Ft
since 2023
Last sale
$850,000
3 recorded transactions
Zoning & alternative use
I · Storrs Mansfield, 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 Storrs Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Storrs Mansfield 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
$815,000
ML approach
$890,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Jan 17 2023)
Last sale anchor
$850k
Jan 17 2023
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
$358 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,073
Tax year 2023
Assessed value
$605,100
Assessed 2023
Previous assessed
$605,100
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$381,800
Assessed improvement
$223,300
Applied tax rate
410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1939
Heating
STEAM
Buildings
2
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
2,377 SF
Lot
2.02 ac (87,991 SF)
Zoning code
I
APN
MANS M:16 B:41 L:UC286
UPID
US15-0779198
Jurisdiction
MANSFIELD
Zoning & alternative use
I · Storrs Mansfield, CT
Zoning I · permitted uses
I · Storrs Mansfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Storrs Mansfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1939
Heating
STEAM
Stories
2
Buildings
2
Units
1
Rooms
7
Bathrooms
2
Lot
2.02 ac
Current owner
From public records · entity-resolved
Taylor Ft
Individual
Free & Clear · 3 yrs held
Mailing address
1196 STORRS RD #1204, STORRS MANSFIELD, CT 06268-2234
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2023
$850,000
Taylor Ft
Three Rentals LLC
Warranty Deed
—
Dec 27, 2017
—
Storrs Center Alliance
State Of Connecticut
Quit Claim Deed
related
—
Dec 27, 2017
$150,482
3 Rentals LLC
State Of Connecticut
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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