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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Industrial properties
166 Tunl Rd Vernon, CT 06066-5505
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-1272554
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1979
Construction
STEEL FRAME
Total area
26,250 SF
Lot
3.55 ac (154,638 SF)
Zoning code
INDUST
APN
VERN M:29 B:0134 L:0011E
UPID
US15-1272554
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
-
TEK Industries, LLC Industrial Manufacturer Production Facility
-
North Hartland Tool Corporation Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$585k
Blend (final)
Blend
$765k
Owner & transaction history
Tunnel Road Northeast LLC · 5 yrs held
Tunnel Road Northeast LLC
since 2021
Last sale
$800,000
5 recorded transactions
Zoning & alternative use
INDUST · Vernon, 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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$695,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$875,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $800k (Mar 16 2021)
Last sale anchor
$800k
Mar 16 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
$29 / 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
$20,415
Tax year 2023
Assessed value
$611,420
Assessed 2023
Previous assessed
$611,420
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$127,580
Assessed improvement
$483,840
Applied tax rate
420.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Bathrooms
3
Total area
26,250 SF
Lot
3.55 ac (154,638 SF)
Zoning code
INDUST
APN
VERN M:29 B:0134 L:0011E
UPID
US15-1272554
Jurisdiction
VERNON
Zoning & alternative use
INDUST · Vernon, CT
Zoning INDUST · permitted uses
INDUST · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$875,000
INDUSTRIAL (GENERAL) Current
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
1979
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Bathrooms
3
Lot
3.55 ac
Current owner
From public records · entity-resolved
Tunnel Road Northeast LLC
Entity
Mailing address
14 EVARTS RD, NORTH HARTLAND, VT 05052
Ownership since
2021
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
Mar 16, 2021
$800,000
Tunnel Road Northeast LLC
St Regis Falls Re
Warranty Deed
$640,000 · Key Bank NA
Dec 31, 1998
$1,350,000
Regis Fall Re Saint
Ne Mechanical Svcs
Warranty Deed
$1,012,500 · Chase Manhattan Bank
Apr 18, 1994
$650,000
New England Mechanical
Hall,norman
Warranty Deed
$1,005,000 · Chase Home Mortgage
Apr 18, 1994
—
New England Mechanical
—
Deed Of Trust
related
$300,000 · Chase Home Mortgage
Dec 2, 1993
—
Norman Hall
—
Deed Of Trust
related
$275,000 · Tolland 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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