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Property profile & analytics
OFF-MARKET
Showrooms
16 Chapman St Willimantic, CT 06226-3186
Entity Owned
3-yr Hold
Property ID
US15-0093867
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1902
Construction
FRAME
Total area
2,640 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R5
APN
WNDH M:14-03 B:113 L:25
UPID
US15-0093867
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Serica Property LLC · 3 yrs held
Serica Property LLC
since 2023
7 recorded transactions
Zoning & alternative use
R5 · Willimantic, 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 Willimantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willimantic 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
$6,970
Tax year 2023
Assessed value
$147,050
Assessed 2023
Previous assessed
$147,050
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$19,780
Assessed improvement
$127,270
Applied tax rate
514.0000
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
1902
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
6
Total area
2,640 SF
Lot
0.15 ac (6,534 SF)
Zoning code
R5
APN
WNDH M:14-03 B:113 L:25
UPID
US15-0093867
Jurisdiction
WINDHAM
Zoning & alternative use
R5 · Willimantic, CTZoning R5 · permitted uses
R5 · Willimantic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1902
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
6
Lot
0.15 ac
Current owner
From public records · entity-resolved
Serica Property LLC
Entity
Mailing address
345 BUFF CAP RD, TOLLAND, CT 06084-2611
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2023
—
Serica Prop LLC
—
Deed
related
$1,200,000 · Greystone Servicing Corp
Jun 1, 2023
—
Serica Property LLC
22 Circle Drive LLC
Warranty Deed
$527,000 · Pinnacle Financial Services LLC
Aug 26, 2021
—
22 Circle Drive LLC
Rui L Wei
Quit Claim Deed
related
—
Mar 19, 2013
—
Rui Ling-wei
6 Hapinesses LLC
Quit Claim Deed
related
—
Aug 24, 2011
$1
Six Hapinesses LLC
Wei,rui Ling
Grant Deed
—
Aug 24, 2011
$95,000
Rui Ling Wei
Peoples United Bank
Grant Deed
—
Aug 22, 2011
$1
Six Hapinesses LLC
Wei,rui Ling
Grant Deed
related
—
Jul 2, 2010
—
United Bk Peoples
16 Chapman Street LLC
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Feb 27, 2008
—
16 Chapman Street LLC
—
Deed Of Trust
related
$13,471 · Valley Bank & Trust Co
Sep 18, 2006
—
16 Chapman Street LLC
—
Deed Of Trust
related
$33,000 · Dennis Mark Sowers
Aug 1, 2006
$288,000
16 Chapman Street LLC
Lapinta LLC
Warranty Deed
$230,400 · Peoples Bank
Apr 11, 2005
—
La Pinta LLC
—
Deed Of Trust
related
$25,000 · Gary A Miller
Oct 7, 2004
$169,000
La Pinta LLC
Snellenberger,kenneth
Warranty Deed
$132,000 · Silver Hill Financial LLC
May 8, 2003
$127,650
Kenneth Snellenberger
H & L Enterprises LLC
Warranty Deed
$115,000 · Zwi Kohorn
May 8, 2003
—
Kenneth Snellenberger
—
Deed Of Trust
related
$19,147 · Landamerica Exchan 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.
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