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Property profile & analytics
OFF-MARKET
Estimated value
$8,285,000
Showrooms
1559 King St, Enfield, CT 06082-5844
Entity Owned
14-yr Hold
Free & Clear
Property ID
US15-1184555
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
184,216 SF
Lot
16.87 ac (734,857 SF)
Zoning code
SDD
APN
ENFI M:017 L:0039
UPID
US15-1184555
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
-
A.H. Harris & Sons, Inc Warehouse & Storage
-
All-Phase Electric Supply Building Supply Electrical Service
-
Baker Properties LP Property Management Company
-
Blue Bell Mattress Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.66M
Blend (final)
Blend
$8.29M
Owner & transaction history
Baker-properties LP · 14 yrs held
Baker-properties LP
since 2012
5 recorded transactions
Zoning & alternative use
SDD · Enfield, 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 Enfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Enfield 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
$8.29M
Range $7.46M – $9.11M · ±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
$45 / 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
$167,026
Tax year 2023
Assessed value
$4,941,600
Assessed 2023
Previous assessed
$4,941,600
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$1,275,500
Assessed improvement
$3,666,100
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
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
184,216 SF
Lot
16.87 ac (734,857 SF)
Zoning code
SDD
APN
ENFI M:017 L:0039
UPID
US15-1184555
Jurisdiction
ENFIELD
Zoning & alternative use
SDD · Enfield, CT
Zoning SDD · permitted uses
SDD · Enfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Enfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
16.87 ac
Current owner
From public records · entity-resolved
Baker-properties LP
Entity
Free & Clear · 14 yrs held
Mailing address
4 W RED OAK LN STE #109, WHITE PLAINS, NY 10604-3603
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2012
$5,245,000
Baker-properties LP
Bristol Fields LLC
Warranty Deed
—
Jun 1, 2005
$17,000,000
Bristol Fields LLC
Sound Enfield Grp Ct L
Warranty Deed
$9,999,999 · Td Banknorth Mtg Grp
Apr 1, 2004
—
Sound Enfield Grp Ct LLC
—
Deed Of Trust
related
$12,130,000 · Banknorth NA
Jul 19, 1996
—
Sound Enfield Grp
—
Deed Of Trust
related
$4,265,000 · Metlife Capital Corp
Dec 28, 1995
$3,600,000
Sound Enfield Group
Gainbrough Corp
Warranty Deed
$3,600,000 · Zions First National 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.
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