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Property profile & analytics
OFF-MARKET
Auto shops
120 Main St Colchester, CT 06415-1464
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US15-1158621
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,975 SF
Lot
1.85 ac (80,586 SF)
Zoning code
TC
APN
COLC M:016 B:000 L:070-000
UPID
US15-1158621
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
-
The Granite Group Big Box & Wholesale Store
-
Sink & Spout Kitchen & Bath Showroom Furniture & Home Goods
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
Commerce Center LLC · 3 yrs held
Commerce Center LLC
since 2023
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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,521
Tax year 2024
Assessed value
$471,600
Assessed 2024
Previous assessed
$471,600
+0.0% YoY
Effective rate
2.87%
On assessed value
Assessed land
$193,400
Assessed improvement
$278,200
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
10,975 SF
Lot
1.85 ac (80,586 SF)
Zoning code
TC
APN
COLC M:016 B:000 L:070-000
UPID
US15-1158621
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
1937
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.85 ac
Current owner
From public records · entity-resolved
Commerce Center LLC
Entity
Free & Clear · 3 yrs held
Mailing address
48 WESTCHESTER RD, COLCHESTER, CT 06415-2420
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2023
—
Commerce Center LLC
120 South Main LLC
Warranty Deed
—
Feb 17, 2016
$675,000
120 South Main LLC
Camryn Realty LLC
Warranty Deed
$725,000 · Sharr Realty LLC
Sep 16, 2005
$1,350,000
Colchester Chevrole In
Collins Frank Est
Executors Deed
$1,008,000 · Gmac Mtg Co Of Pa
Jun 20, 1995
—
Frank L Collins JR.
—
Deed Of Trust
related
$42,992 · Broder & Butts
Apr 27, 1993
—
Frank Collins
—
Deed Of Trust
related
$150,000 · Norwich Savings Society
Apr 16, 1993
—
Frank Collins JR.
—
Deed Of Trust
related
$25,000 · Broder & Butts
Mar 11, 1992
—
Frank Collins JR.
—
Deed Of Trust
related
$387,623 · Zuckerman Family Nomi
Dec 31, 1991
—
Frank Collins
—
Deed Of Trust
related
$11,000 · Zwi Kohorn
Feb 17, 1988
$139,333
Frank Collins
L & L Realty Co
Grant Deed
$375,000 · Connecticut National Bank
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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