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Property profile & analytics
FOR SALE
Showrooms
1455 Southford Rd Southbury, CT 06488
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US15-0684069
For Sale
1 / 8
$220,000
1455 Southford Rd, Southbury, CT 06488
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1800
Construction
FRAME
Total area
7,410 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B-1B
APN
SBUR M:54 B:11 L:12
UPID
US15-0684069
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
-
THE LODGE Bar & Grill Restaurant
-
The Next Street - Southbury Driving School Training Center Vocational School
-
Pendulum Salon Hair Salon Nail Salon
-
Boom Financial Law Firm Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$706k
Blend (final)
Blend
$700k
Owner & transaction history
Southford Corner · 12 yrs held
Southford Corner
since 2014
6 recorded transactions
Zoning & alternative use
B-1B · Southbury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+29.8%
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 Southbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southbury 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$835,000
Current use
RESTAURANT
$1,085,000
Change: +30% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: -1% · Conversion: Easy
RETAIL STORES
$805,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$775,000
Change: -7% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$94 / 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
$14,756
Tax year 2023
Assessed value
$655,820
Assessed 2023
Previous assessed
$655,820
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$149,300
Assessed improvement
$506,520
Applied tax rate
308.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1800
Construction
FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
2
Units
7
Total area
7,410 SF
Lot
1.4 ac (60,984 SF)
Zoning code
B-1B
APN
SBUR M:54 B:11 L:12
UPID
US15-0684069
Jurisdiction
SOUTHBURY
Zoning & alternative use
B-1B · Southbury, CT
Zoning B-1B · permitted uses
B-1B · Southbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$835,000
RESTAURANT
Est. value
$1.1M
OFFICE BUILDING
Est. value
$830,000
RETAIL STORES
Est. value
$805,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$670,000
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1800
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
1
Units
7
Lot
1.4 ac
Current owner
From public records · entity-resolved
Southford Corner
Individual
Mailing address
77 HIDDEN BRK DR, SOUTHBURY, CT 06488-1891
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2014
—
Southford Corner
Gogas,christos
Quit Claim Deed
related
$600,000 · Naugatuck Svgs Bk
Sep 9, 2011
$1
Christo Gogas
Southford Corner LLC
Grant Deed
related
—
Sep 9, 2011
—
Christo Gogas
—
Deed Of Trust
related
$1,000,000 · Naugatuck Savings Bank
Jan 25, 2007
$1,050,000
Christos Gogas
South Ford Lodge Assoc
Grant Deed
$787,500 · Robert J Dean SR
Apr 12, 2002
—
Southford Lodge Assoc
—
Deed Of Trust
related
$688,000 · Naugatuck Savings Bank
May 22, 1996
—
Southford Lodge Assoc
—
Deed Of Trust
related
$500,000 · Naugatuck Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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