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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Industrial properties
121 Chronicle Rd Willimantic, CT 06226-1952
Entity Owned
8-yr Hold
Free & Clear
Property ID
US15-0313671
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1946
Construction
FRAME
Total area
21,104 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C2
APN
WNDH M:10-03 B:007 L:24
UPID
US15-0313671
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
-
Casella Waste Systems Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$457k
Blend (final)
Blend
$515k
Owner & transaction history
Chronicle Road LLC · 8 yrs held
Chronicle Road LLC
since 2017
3 recorded transactions
Zoning & alternative use
C2 · Willimantic, 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 Willimantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willimantic 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
by Request
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
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
$24 / 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
$19,965
Tax year 2023
Assessed value
$421,210
Assessed 2023
Previous assessed
$421,210
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$49,740
Assessed improvement
$371,470
Applied tax rate
514.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
21,104 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C2
APN
WNDH M:10-03 B:007 L:24
UPID
US15-0313671
Jurisdiction
WINDHAM
Zoning & alternative use
C2 · Willimantic, CT
Zoning C2 · permitted uses
C2 · Willimantic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willimantic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1946
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Chronicle Road LLC
Entity
Free & Clear · 8 yrs held
Mailing address
PO BOX 446, WILLIMANTIC, CT 06226-0446
Ownership since
2017
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
Sep 11, 2017
—
Chronicle Road LLC
One Chronicle Road LLC
Warranty Deed
—
Apr 30, 2015
—
1 Chronicle Road LLC
Crosbie Kevin B Trust
Trustees Deed
—
May 27, 2014
—
Kevin B Crosbie Res T
Lucy B Crosbie Ret
Trustees Deed
—
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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