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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Industrial land
15 Salemme Ln Orange, CT 06477-3618
Individually Owned
18-yr Hold
Free & Clear
Property ID
US15-0849253
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.95 ac (41,382 SF)
Zoning code
LI-2
APN
ORAN M:3 B:1 L:6
UPID
US15-0849253
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
$240k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
Marsh Hill Rd 65 · 18 yrs held
Marsh Hill Rd 65
since 2007
2 recorded transactions
Zoning & alternative use
LI-2 · Orange, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
llowing classes of districts: District Map Code Residence RES Commercial C-1 District C-1 Commercial C-2 District C-2 Local Shopping Center LSC District LSC Light Industrial District #1 LI-1 Light Industrial District #2 LI-2 Light Industrial District #3 LI-3 Light Industrial District #4 [1] LI-4 Light Industrial District #5 LI-5 Business Office Park District…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
409.03 ac
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
—
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
$2,827
Tax year 2023
Assessed value
$87,500
Assessed 2023
Previous assessed
$87,500
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$87,500
Applied tax rate
336.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.95 ac (41,382 SF)
Zoning code
LI-2
APN
ORAN M:3 B:1 L:6
UPID
US15-0849253
Jurisdiction
ORANGE
Zoning & alternative use
LI-2 · Orange, CTZoning LI-2 · permitted uses
LI-2 · Orange, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
llowing classes of districts: District Map Code Residence RES Commercial C-1 District C-1 Commercial C-2 District C-2 Local Shopping Center LSC District LSC Light Industrial District #1 LI-1 Light Industrial District #2 LI-2 Light Industrial District #3 LI-3 Light Industrial District #4 [1] LI-4 Light Industrial District #5 LI-5 Business Office Park District BOP Office Park District OP [1] Editor's Note: The Light Industrial District #4 was
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
409.03 ac
Building & site characteristics
From public records
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Marsh Hill Rd 65
Individual
Free & Clear · 18 yrs held
Mailing address
145 SCENIC CT, CHESHIRE, CT 06410-2315
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2011
—
65 Marsh Hill Road LLC
—
Deed Of Trust
related
$830,795 · Milford Bank
Aug 17, 2007
$292,600
Marsh Hill Rd 65
Vanacone,frances
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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