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Property profile & analytics
OFF-MARKET
Showrooms
16 King Hl Rd Storrs Mansfield, CT 06268-1711
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0305974
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,532 SF
Lot
0.2 ac (8,712 SF)
Zoning code
PB4
APN
MANS M:15 B:33 L:6
UPID
US15-0305974
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
-
Ted's Restaurant & Bar Bar & Pub Restaurant
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
King Hill Properties LLC · 10 yrs held
King Hill Properties LLC
since 2016
6 recorded transactions
Zoning & alternative use
PB4 · Storrs Mansfield, 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 Storrs Mansfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Storrs Mansfield 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
$10,228
Tax year 2023
Assessed value
$324,500
Assessed 2023
Previous assessed
$324,500
+0.0% YoY
Effective rate
3.15%
On assessed value
Assessed land
$107,300
Assessed improvement
$217,200
Applied tax rate
410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,532 SF
Lot
0.2 ac (8,712 SF)
Zoning code
PB4
APN
MANS M:15 B:33 L:6
UPID
US15-0305974
Jurisdiction
MANSFIELD
Zoning & alternative use
PB4 · Storrs Mansfield, CT
Zoning PB4 · permitted uses
PB4 · Storrs Mansfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Storrs Mansfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
King Hill Properties LLC
Entity
Mailing address
36 DILAJ DR, COLUMBIA, CT 06237-1053
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2022
—
King Hill Properties LLC
—
Deed
related
$730,000 · Eastern Ct Savings Bank
Jun 27, 2016
$950,000
King Hill Properties LLC
King Hill Realty LLC
Warranty Deed
related
$755,200 · Celtic Bk
Oct 22, 2009
—
King Hill Realty LLC
—
Deed Of Trust
related
$175,000 · Jill Marquardt
Mar 26, 2008
—
King Hill Realty LLC
—
Deed Of Trust
related
$100,000 · Northeastern Prop
Oct 15, 2001
$500,000
King Hill Realty LLC
Nanos,elliot
Warranty Deed
$290,000 · Savings Bank Of Manchester
Dec 29, 1995
$172,000
Elliot Nanos
Nanos Thomas Est
Grant Deed
related
$172,000 · Zenon Grzybowski
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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