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Property profile & analytics
OFF-MARKET
Industrial properties
121 Rainbow Rd East Granby, CT 06026-9795
Individually Owned
5-yr Hold
Free & Clear
Property ID
US15-0151832
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1942
Construction
FRAME
Total area
1,432 SF
Lot
0.58 ac (25,446 SF)
Zoning code
CP
APN
EGRA M:17 B:24
UPID
US15-0151832
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
-
Farmington Valley Plumbing Plumbing Service General Contractor
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
Farmington Vly Plumbing · 5 yrs held
Farmington Vly Plumbing
since 2020
Last sale
$210,000
5 recorded transactions
Zoning & alternative use
CP · East Granby, 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 East Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Granby 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
$5,681
Tax year 2023
Assessed value
$156,500
Assessed 2023
Previous assessed
$156,500
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$41,000
Assessed improvement
$115,500
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
1942
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Total area
1,432 SF
Lot
0.58 ac (25,446 SF)
Zoning code
CP
APN
EGRA M:17 B:24
UPID
US15-0151832
Jurisdiction
EAST GRANBY
Zoning & alternative use
CP · East Granby, CT
Zoning CP · permitted uses
CP · East Granby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Granby. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Farmington Vly Plumbing
Individual
Free & Clear · 5 yrs held
Mailing address
121 RAINBOW RD, EAST GRANBY, CT 06026-9795
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
$210,000
Farmington Vly Plumbing
Rocco G Lapenta
Warranty Deed
—
Dec 7, 2017
—
Rocco G Lapenta
—
Deed
related
$100,000 · First Natl Bank Suffield
Jun 26, 2003
—
Rocco Lapenta
—
Deed Of Trust
related
$100,000 · Gn Mortgage Corp
Nov 22, 1999
—
Rocco Lapenta
—
Deed Of Trust
related
$104,000 · Equicredit Corp
May 19, 1997
—
Rocco Lapenta
—
Deed Of Trust
related
$94,500 · Fairbank Mortgage
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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