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Property profile & analytics
OFF-MARKET
Estimated value
$10,025,000
Showrooms
164 Mt Pleasant Rd Newtown, CT 06470-1474
Entity Owned
~
Est. High Equity
Property ID
US15-0024591
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2014
Construction
STEEL FRAME
Total area
26,442 SF
Lot
3.48 ac (151,589 SF)
Zoning code
B-2
APN
NEWT M:2 B:5 L:10
UPID
US15-0024591
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
-
Dr. Sarah R. Baroody, MD Ophthalmologist
-
ProHealth Physicians, Western Connecticut Primary Care Internist Medical Group
-
Allen F Davis, MD Physician
-
Chandel Bouthot, APRN Physician
-
Pain Management Partners, LLC Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.64M
Blend (final)
Blend
$10.03M
Owner & transaction history
Newtown 164 Mp Wrk7 LLC
Newtown 164 Mp Wrk7 LLC
since 2025
Last sale
$10.2M
6 recorded transactions
Zoning & alternative use
B-2 · Newtown, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
General Business
General category
COMMERCIAL
Zone area
174.18 ac
Source
Realmo
Top alternative use upside
Restaurant
$6.8M
+10.3%
Auto repair, garage
$6.2M
+0.3%
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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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
$12,780,000
ML approach
$10,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,160,000
Current use
RESTAURANT
$6,790,000
Change: +10% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,180,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$10.03M
Range $9.02M – $11.03M · ±10% · vs last sale $10.22M (Jul 12 2021)
Last sale anchor
$10.22M
Jul 12 2021
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
$379 / 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
$87,604
Tax year 2023
Assessed value
$3,338,580
Assessed 2023
Previous assessed
$3,338,580
+0.0% YoY
Effective rate
2.62%
On assessed value
Assessed land
$332,660
Assessed improvement
$3,005,920
Applied tax rate
106.0000
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
2014
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
8
Rooms
6
Bathrooms
4
Total area
26,442 SF
Lot
3.48 ac (151,589 SF)
Zoning code
B-2
APN
NEWT M:2 B:5 L:10
UPID
US15-0024591
Jurisdiction
NEWTOWN
Zoning & alternative use
B-2 · Newtown, CTZoning B-2 · permitted uses
B-2 · Newtown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
General Business
General category
COMMERCIAL
Zone area
174.18 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.2M
RESTAURANT
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2014
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
8
Rooms
6
Bathrooms
4
Lot
3.48 ac
Current owner
From public records · entity-resolved
Newtown 164 Mp Wrk7 LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2025
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
Nov 13, 2025
—
Newtown 164 Mp Wrk7 LLC
Ah Wt Holdings LLC
Warranty Deed
$1 · Citibank NA
Jul 12, 2021
$10,215,862
Ah Wt Holdings LLC
Newtown Medical Offical
Warranty Deed
—
Nov 25, 2019
—
Newtown Medical Office 1
—
Deed
related
$5,945,000 · Washington Tr Co
Mar 21, 2000
—
Nuevo Pueblo LLC
—
Deed Of Trust
related
$1,300,000 · New Haven Savings Bank
Feb 19, 1998
$280,000
At Newt Homesteads
Kovacs,velma
Warranty Deed
—
—
—
Newtown Medical Office 1
—
Deed Of Trust
related
$5,945,000 · Washington Tr 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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