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Property profile & analytics
OFF-MARKET
Office Spaces
1484 Highland Ave Ste 8b Cheshire, CT 06410-1268
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0960842
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,859 SF
Zoning code
I-2
APN
CHES M:19 B:37 L:1484-8B
UPID
US15-0960842
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
-
Riff Co Industrial Manufacturer
-
Community Health Center Association of Connecticut Charitable Organization Social Service Agency
-
Cheshire Mortgage Services Loan Service Bank
-
Amano Mc Gann (Bike/Boat/Book/etc) Store Corporate Office
-
Computer Innovations Inc Tech Support Center (Bike/Boat/Book/etc) Store
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
Bwtk Watertown LLC · 4 yrs held
Bwtk Watertown LLC
since 2021
Last sale
$280,000
7 recorded transactions
Zoning & alternative use
I-2 · Cheshire, 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 Cheshire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheshire 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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,067
Tax year 2023
Assessed value
$201,400
Assessed 2023
Previous assessed
$201,400
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed improvement
$201,400
Applied tax rate
322.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
3,859 SF
Zoning code
I-2
APN
CHES M:19 B:37 L:1484-8B
UPID
US15-0960842
Jurisdiction
CHESHIRE
Zoning & alternative use
I-2 · Cheshire, CT
Zoning I-2 · permitted uses
I-2 · Cheshire, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheshire. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
3
Current owner
From public records · entity-resolved
Bwtk Watertown LLC
Entity
Mailing address
59 LOVLEY DR, WATERTOWN, CT 06795-3166
Ownership since
2021
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
Aug 11, 2021
$280,000
Bwtk Watertown LLC
Sig Re Holdings LLC
Warranty Deed
$210,000 · Thomaston Savings Bank
Dec 22, 2020
—
Sig Re Hldgs LLC
1484 Realy Assocs LLC
Quit Claim Deed
related
—
Dec 26, 2012
$275,000
1484 Realty Assoc LLC
Lw Assoc
Warranty Deed
$430,000 · Td Banknorth Mortgage Group
May 15, 1990
—
Teri Warner
—
Deed Of Trust
related
$50,000 · Equity Bank
Aug 30, 1988
—
Anthony Rauseo
—
Deed Of Trust
related
$50,000 · American National Bank
Mar 31, 1988
$210,000
Teri Warner
Fazzone,james
Grant Deed
$225,000 · American National Bank
—
—
1484 Realty Assoc LLC
—
Deed Of Trust
related
$620,000 · Live Oak Bkng Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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