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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Showrooms
17 Wapping Rd Broad Brook, CT 06016-9679
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0321709
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1991
Construction
FRAME
Total area
5,000 SF
Lot
1.16 ac (50,530 SF)
Zoning code
B-1
APN
EWIN M:38 B:68 L:31
UPID
US15-0321709
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
-
Septicology Plumbing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$567k
Blend (final)
Blend
$765k
Owner & transaction history
Chase Realty Hldg INC · 1 yrs held
Chase Realty Hldg INC
since 2024
Last sale
$765,000
5 recorded transactions
Zoning & alternative use
B-1 · Broad Brook, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$855,000
+80.9%
Retail stores
$575,000
+21.8%
Office building
$550,000
+16.6%
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 Broad Brook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broad Brook 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
$765,000
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$475,000
Current use
RESTAURANT
$855,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$575,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$550,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$500,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$460,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$765k
Range $689k – $842k · ±10% · vs last sale $765k (Oct 25 2024)
Last sale anchor
$765k
Oct 25 2024
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
$153 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$9,357
Tax year 2024
Assessed value
$380,970
Assessed 2024
Previous assessed
$380,970
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$65,160
Assessed improvement
$315,810
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1991
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
5
Bathrooms
3
Total area
5,000 SF
Lot
1.16 ac (50,530 SF)
Zoning code
B-1
APN
EWIN M:38 B:68 L:31
UPID
US15-0321709
Jurisdiction
EAST WINDSOR
Zoning & alternative use
B-1 · Broad Brook, CT
Zoning B-1 · permitted uses
B-1 · Broad Brook, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broad Brook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$475,000
RESTAURANT
Est. value
$855,000
RETAIL STORES
Est. value
$575,000
OFFICE BUILDING
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$500,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$460,000
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1991
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
5
Bathrooms
3
Lot
1.16 ac
Current owner
From public records · entity-resolved
Chase Realty Hldg INC
Entity
Mailing address
17 WAPPING RD, BROAD BROOK, CT 06016-9679
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Oct 25, 2024
$765,000
Chase Realty Hldg INC
Windsorville Re LLC
Warranty Deed
$488,000 · Bankesb
Nov 5, 2021
$420,000
Windsorville Re LLC
Tamera Green LLC
Warranty Deed
$336,000 · Peoples United Bank
Jun 23, 2017
$364,900
Tamera Green LLC
G&r Ent
Warranty Deed
$288,000 · Farmington National Bank
Sep 4, 1990
$47,500
Charles Rathbun
Grant,robert
Grant Deed
$160,000 · Windsor Fsla
Nov 23, 1987
$95,000
Robert Grant
Burnham,john
Grant Deed
—
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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