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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Assisted living facilities
122 Main St, Plainville, CT 06062-1902
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0498960
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1970
Construction
FRAME
Total area
13,857 SF
Lot
0.82 ac (35,719 SF)
Zoning code
GC
APN
PLAI M:24 B:K L:02
UPID
US15-0498960
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
-
BellMarie Assisted Living Nursing Home Retirement Community
-
Victorian Gardens Residential Care Home Geriatric Care Provider Nursing Home
-
Blessed House Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
Manpowar LLC · 4 yrs held
Manpowar LLC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
GC · Plainville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+429.5%
Commercial (general)
$1.4M
+342.5%
Apartment house (5+ units)
$1.1M
+272.6%
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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$1,355,000
ML approach
$1,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,615,000
Change: +430% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,350,000
Change: +342% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,140,000
Change: +273% · Conversion: Difficult
RETAIL STORES
$965,000
Change: +216% · Conversion: Difficult
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Jan 19 2022)
Last sale anchor
$1.35M
Jan 19 2022
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
$97 / 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
$28,735
Tax year 2023
Assessed value
$914,550
Assessed 2023
Previous assessed
$914,550
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$99,470
Assessed improvement
$815,080
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Units
24
Total area
13,857 SF
Lot
0.82 ac (35,719 SF)
Zoning code
GC
APN
PLAI M:24 B:K L:02
UPID
US15-0498960
Jurisdiction
PLAINVILLE
Zoning & alternative use
GC · Plainville, CT
Zoning GC · permitted uses
GC · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
RETAIL STORES
Est. value
$965,000
RESTAURANT
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Units
24
Lot
0.82 ac
Current owner
From public records · entity-resolved
Manpowar LLC
Entity
Mailing address
122 E MAIN ST, PLAINVILLE, CT 06062-1902
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$1,350,000
Manpowar LLC
Victorian Gdns Realty LLC
Warranty Deed
$1,152,000 · Webster Bank
Aug 1, 2016
$1,260,000
Victorian Gardens Realty
Belanger,marie C
Warranty Deed
$1,040,000 · Chelsea Groton Bank
Aug 23, 2012
—
Marie C Belanger
—
Deed Of Trust
related
$141,079 · Brodeur & Co
Jun 30, 2011
—
Edward Belanger
—
Deed Of Trust
related
$50,000 · Edward Belanger
Aug 8, 1997
—
Marie C Belanger
—
Deed Of Trust
related
$401,000 · Housatonic Ind Dev
Aug 4, 1997
—
Marie C Belanger
—
Deed Of Trust
related
$487,000 · First City Bank
Dec 18, 1989
$998,000
122 E Main St. Realty
Brandi,oronato
Grant Deed
—
Jan 30, 1987
—
Onorato Brandi
—
Deed Of Trust
related
$900,000 · Bristol Savings Bank
—
—
Victorian Gardens Realty
—
Deed Of Trust
related
$167,921 · Chelsea Groton Svgs Bk
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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