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Property profile & analytics
OFF-MARKET
Industrial land
122 Spg St Southington, CT 06489-1534
Individually Owned
Free & Clear
Property ID
US15-0129229
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
2.34 ac (101,930 SF)
Zoning code
I-1
APN
SOUT M:169 L:031
UPID
US15-0129229
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
-
Southington Academy-Dance Training Center
-
Inspired Machine Shop Industrial Manufacturer
-
Northeast Resins & Silicones Industrial Manufacturer Metal Fabrication Plant
-
Fire Technology Inc General Contractor Security Service
-
Fredco Kitchen and Bath LLC Hardware & Home Improvement Kitchen & Bath Showroom
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
Mccarthy Michael
Mccarthy Michael
since 2026
7 recorded transactions
Zoning & alternative use
I-1 · Southington, 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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$4,298
Tax year 2024
Assessed value
$136,720
Assessed 2024
Previous assessed
$136,720
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$136,720
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
2.34 ac (101,930 SF)
Zoning code
I-1
APN
SOUT M:169 L:031
UPID
US15-0129229
Jurisdiction
SOUTHINGTON
Zoning & alternative use
I-1 · Southington, CT
Zoning I-1 · permitted uses
I-1 · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
2.34 ac
Current owner
From public records · entity-resolved
Mccarthy Michael
Individual
Free & Clear · 0 yrs held
Mailing address
122 SPG ST, SOUTHINGTON, CT 06489-1534
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2026
$220,000
Mccarthy Michael
Cascio Paul
Warranty Deed
—
Mar 19, 2026
$275,000
J J Rose Enterprise LLC
Paul J Cascio
Warranty Deed
$220,000 · Liberty Bank
Jan 16, 2026
$258,000
122 Spring St Hldg LLC
Heather A Damotta
Warranty Deed
—
Dec 24, 2025
$200,000
Lynn Prop Holdings LLC
Paul Cascio
Warranty Deed
$150,000 · Thomaston Savings Bank
Apr 23, 2024
—
Nia Roo Invs Ten LLC
Nia Roo Invs Ten LLC
Quitclaim Deed
related
—
Dec 4, 2023
$285,000
Ss Trehan Realty LLC
Nia Roo Invs Ten LLC
Warranty Deed
—
Aug 31, 2020
—
Lynn Prop Holdings LLC
—
Deed
related
$88,500 · Thomaston Savings Bank
Feb 27, 2020
$110,000
Heather A Damotta
Spraytech F Insulation
Warranty Deed
$70,000 · Citizens Bk/ri
Jun 25, 2019
$116,500
Adam Warszawik
122 Spring Street C3 LLC
Warranty Deed
—
Feb 6, 2019
—
Jojos Gunworks LLC
—
Deed
related
$150,000 · Webster Bank
Dec 6, 2018
$130,000
Lynn Prperty Hldg LLC
Napierski,john A
Warranty Deed
$104,000 · Bank Of America
Jul 7, 2017
—
122 Spring Street Real
—
Deed
related
$519,900 · Td Bank NA
Dec 12, 2016
—
122 Spring Street C3 LLC
Damotta,ronald P
Quitclaim 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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