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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Showrooms
1508 Post Rd Fairfield, CT 06824-5911
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US15-0361756
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,043 SF
Lot
0.59 ac (25,570 SF)
Zoning code
CDD
APN
FAIR M:180 B:249
UPID
US15-0361756
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
-
Steven Thomson, Branch VP/Brokerage Manager, Coldwell Banker Real Estate Agency
-
Marcia J. Swanson Realtor Real Estate Agency
-
Tony Derbyshire Coldwell Banker Real Estate Agency
-
Maria Graham-Baptist, Coldwell Banker Residential Brokerage Real Estate Agency
-
Rennie Solomito, Coldwell Banker Residential Brokerage Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$990k
Owner & transaction history
Mercurio Brothers Incorp · 13 yrs held
Mercurio Brothers Incorp
since 2013
3 recorded transactions
Zoning & alternative use
CDD · Fairfield, 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 Fairfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fairfield 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
$90 / 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
$73,177
Tax year 2023
Assessed value
$2,660,000
Assessed 2023
Previous assessed
$2,660,000
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$2,218,930
Assessed improvement
$441,070
Applied tax rate
104.0000
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
Off-Market
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
2
Units
9
Total area
11,043 SF
Lot
0.59 ac (25,570 SF)
Zoning code
CDD
APN
FAIR M:180 B:249
UPID
US15-0361756
Jurisdiction
FAIRFIELD
Zoning & alternative use
CDD · Fairfield, CT
Zoning CDD · permitted uses
CDD · Fairfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fairfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
2
Buildings
1
Units
9
Lot
0.59 ac
Current owner
From public records · entity-resolved
Mercurio Brothers Incorp
Individual
Mailing address
PO BOX 320486, FAIRFIELD, CT 06825-0486
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2013
—
Mercurio Brothers Incorp
—
Deed Of Trust
related
$850,000 · Union Savings Bank
Jun 15, 2010
—
Mercurio Bros INC
—
Deed Of Trust
related
$80,000 · Ffld County Bank Corp
Dec 19, 2003
—
Mercurio Bros INC
—
Deed Of Trust
related
$1,000,000 · Bank Of Westport
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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