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Property profile & analytics
OFF-MARKET
Estimated value
$2,980,000
Industrial properties
17 Connecticut S Dr East Granby, CT 06026-9671
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0953097
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1987
Construction
STEEL FRAME
Total area
45,110 SF
Lot
5.74 ac (250,034 SF)
Zoning code
CP
APN
EGRA M:17 B:12-18
UPID
US15-0953097
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
-
East Granby KinderCare High School Daycare Center
-
Joining Technologies, Inc. General Contractor
-
Joining Technologies Automation Electronics & Wireless Store Big Box & Wholesale Store
-
Newgate Instruments LLC Industrial Manufacturer Production Facility
-
American Cladding Technologies General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.55M
Blend (final)
Blend
$2.98M
Owner & transaction history
Jti Realty LLC · 4 yrs held
Jti Realty LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
CP · East Granby, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+44.7%
Commercial (general)
$4.3M
+36.4%
Apartment house (5+ units)
$4.1M
+32.6%
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 East Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Granby 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
$3,010,000
ML approach
$2,920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,125,000
Current use
AUTO REPAIR, GARAGE
$4,525,000
Change: +45% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,265,000
Change: +36% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,145,000
Change: +33% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,515,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.98M
Range $2.68M – $3.28M · ±10% · vs last sale $3.00M (Apr 7 2022)
Last sale anchor
$3.00M
Apr 7 2022
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
$66 / 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
$70,872
Tax year 2023
Assessed value
$1,952,400
Assessed 2023
Previous assessed
$1,952,400
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$233,500
Assessed improvement
$1,718,900
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
4
Total area
45,110 SF
Lot
5.74 ac (250,034 SF)
Zoning code
CP
APN
EGRA M:17 B:12-18
UPID
US15-0953097
Jurisdiction
EAST GRANBY
Zoning & alternative use
CP · East Granby, CT
Zoning CP · permitted uses
CP · East Granby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Granby. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
4
Lot
5.74 ac
Current owner
From public records · entity-resolved
Jti Realty LLC
Entity
Mailing address
17 CONNECTICUT S DR, EAST GRANBY, CT 06026-9671
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2022
$3,000,000
Jti Realty LLC
Gsl Newgate One LLC
Warranty Deed
$2,000,000 · M & T Bank
Nov 16, 2009
—
Gsl Newgate 1 LLC
—
Deed Of Trust
related
$1,225,000 · Windsor Fsla
Mar 10, 2004
—
Gsl Newgate One LLC
—
Deed Of Trust
related
$150,000 · Windsor Fsla
Apr 10, 2000
—
Gsl Newgate LLC
—
Deed Of Trust
related
$1,154,000 · Windsor Fsla
Jan 24, 2000
—
Gary Lacapelle
—
Deed Of Trust
related
$700,000 · Sandra Lachapelle
Jan 30, 1998
—
Gsl Newgate 1 LLC
—
Deed Of Trust
related
$200,000 · New England Bank & Trust
Dec 22, 1995
$850,000
Gsl Newgate One LLC
Ct Prop Acquisition
Grant Deed
$680,000 · New England Bank & Trust
Dec 22, 1995
—
Gsl Newgate One LLC
—
Deed Of Trust
related
$125,000 · New England Bank & Trust
Oct 17, 1994
—
Ct Property Acquistion
—
Deed Of Trust
related
$1,151,718 · Worth Funding INC
—
—
Gsl Newgate 1 LLC
—
Deed Of Trust
related
$1,270,798 · Windsor Fed'l S&l
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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