Trust Owned Property summary
AI-generated overview
Talcottville Plaza is a retail shopping center located at 135 Talcottville Road in Vernon, Connecticut. The center comprises two buildings situated on a 2.4-acre lot. The configuration includes retail space totaling approximately 1,800 square feet, which was originally designed and used as an AT&T store and is physically attached to an adjacent Starbucks. The property is positioned along Route 83 in a dense, high-traffic trade area and is approximately one-half mile from the I-84 on/off ramp.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Construction
STEEL FRAME
Total area
6,049 SF
Lot
2.1 ac (91,476 SF)
Zoning code
COMMER
APN
VERN M:02 B:0004 L:0078A
UPID
US15-0777669
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Cafe & Coffee Shop
-
(Bike/Boat/Book/etc) Store
-
Bank Loan Service
-
(Bike/Boat/Book/etc) Store Pharmacy
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$410k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$786k
Blend (final)
Blend
$595k
Owner & transaction history
since 2018
5 recorded transactions
Zoning & alternative use
COMMER · Vernon, CT
Top alternative use upside
Restaurant
$745,000
+45.6%
Office building
$610,000
+18.9%
Commercial (general)
$540,000
+5.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$595k
Value range
$536k – $655k
±10% around blend
Estimated value / SF
$98 / SF
Confidence
High
8 county-verified comps
Property data
100
Comparable evidence
80
$536k
blend $595k
$655k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
6,049 SF
Lot area
2.1 ac
Year built
1989
Stories
1
APN
VERN M:02 B:0004 L:0078A
Zoning
COMMER
Assessed value
$1,277,870
Annual tax
$42,668
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$679k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
16.2 mi away · 5,333 SF
17.5 mi away · 6,150 SF
18.3 mi away · 5,937 SF
19.2 mi away · 5,850 SF
19.2 mi away · 4,455 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$595k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+46%
vs current-use indication
Office Building
Commercial (general)
Auto Repair, Garage
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.28M
Move the market yield to see immediate price impact.
Value / SF
$211
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$81k
$1.61M
$1.15M
$895k
$89k
$1.79M
$1.28M
$994k
$98k
$1.97M
$1.41M
$1.09M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.03M
15.0 mi · Jan 2026 · $219/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$42,668
Tax year 2023
Assessed value
$1,277,870
Assessed 2023
Previous assessed
$1,277,870
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$294,000
Assessed improvement
$983,870
Applied tax rate
420.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Rooms
1
Bathrooms
4
Total area
6,049 SF
Lot
2.1 ac (91,476 SF)
Zoning code
COMMER
APN
VERN M:02 B:0004 L:0078A
UPID
US15-0777669
Jurisdiction
VERNON
Zoning & alternative use
COMMER · Vernon, CTZoning COMMER · permitted uses
COMMER · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Bathrooms
4
Lot
2.1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
COMMER
Jurisdiction
Vernon, CT
Recorded code
COMMER
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMMER in Vernon, CT.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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