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Property profile & analytics
OFF-MARKET
Estimated value
$1,280,000
Industrial properties
1414 Norwich Rd Plainfield, CT 06374-1931
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US15-0121236
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
33,202 SF
Lot
23.66 ac (1,030,630 SF)
Zoning code
I
APN
PLAI M:005 B:0002 L:0001
UPID
US15-0121236
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.27M
Blend (final)
Blend
$1.28M
Owner & transaction history
Empire Line Of Edge 2 LLC · 16 yrs held
Empire Line Of Edge 2 LLC
since 2009
7 recorded transactions
Zoning & alternative use
I · Plainfield, 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 Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainfield 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.28M
Range $1.15M – $1.41M · ±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
$39 / 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
$27,524
Tax year 2023
Assessed value
$1,238,690
Assessed 2023
Previous assessed
$672,260
+84.3% YoY
Effective rate
2.22%
On assessed value
Assessed land
$363,410
Assessed improvement
$875,280
Applied tax rate
502.0000
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
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
33,202 SF
Lot
23.66 ac (1,030,630 SF)
Zoning code
I
APN
PLAI M:005 B:0002 L:0001
UPID
US15-0121236
Jurisdiction
PLAINFIELD
Zoning & alternative use
I · Plainfield, CT
Zoning I · permitted uses
I · Plainfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
23.66 ac
Current owner
From public records · entity-resolved
Empire Line Of Edge 2 LLC
Entity
Mailing address
1301 DOVE ST STE #940, NEWPORT BEACH, CA 92660-2483
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2009
$2,396,920
Empire Line Of Edge 2 LLC
Meridian Holdings LLC
Warranty Deed
—
Jul 6, 2009
—
Meridian Holdings LLC
—
Deed Of Trust
related
$32,500 · Saxe Doernberger&vita
Dec 27, 2004
—
Meridian Hldgs LLC
—
Deed Of Trust
related
$4,800,000 · Bank Of America
Jun 28, 2001
—
Meridian Holdings LLC
—
Deed Of Trust
related
$500,000 · First International Bank
May 23, 2000
$500,000
Meridian Holdings LLC
Cms Generation Co
Warranty Deed
related
$500,000 · Zenon Grzybowski
May 23, 2000
$20,000
Meridian Holdings LLC
Cms Generation Co
Warranty Deed
related
$500,000 · Zenon Grzybowski
Jan 26, 1994
$11,000
Cms Generation Co
Admas,daniel F
Warranty 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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