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Property profile & analytics
OFF-MARKET
Showrooms
171 Providence St Putnam, CT 06260-1549
Entity Owned
~
Est. High Equity
Property ID
US15-0283169
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1973
Construction
FRAME
Total area
6,539 SF
Lot
0.22 ac (9,583 SF)
APN
PUTN M:007 L:273 U:000
UPID
US15-0283169
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
-
Sunflower Tan lines Hair Salon Nail Salon
-
GlamourbyKelsey LLC Hair Salon
-
Artisan Soul Gallery & Market Shopping Center & Mall
-
beautybylibertyLLC Hair Salon Nail Salon
-
Ashley Rose Nails Nail Salon
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
Mjm Commercial LLC
Mjm Commercial LLC
since 2026
Last sale
$420,000
7 recorded transactions
Zoning & alternative use
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 Putnam submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Putnam 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
$6,005
Tax year 2023
Assessed value
$188,900
Assessed 2023
Previous assessed
$188,900
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$40,200
Assessed improvement
$148,700
Applied tax rate
506.0000
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
1973
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
5
Bathrooms
3
Total area
6,539 SF
Lot
0.22 ac (9,583 SF)
APN
PUTN M:007 L:273 U:000
UPID
US15-0283169
Jurisdiction
PUTNAM
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
5
Bathrooms
3
Lot
0.22 ac
Current owner
From public records · entity-resolved
Mjm Commercial LLC
Entity
Mailing address
8 CONWAY DR, LEICESTER, MA 01524-1216
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$420,000
Mjm Commercial LLC
Jb Property Group LLC
Warranty Deed
$315,000 · Webster Five Cents Savings Bank
Jul 30, 2024
—
Jb Property Group LLC
—
Deed
related
$300,000 · Rockland Trust Co
Feb 15, 2023
—
Jb Property Group LLC
—
Deed
related
$500,000 · Asw Fund 1 LP
Jan 27, 2021
$424,000
Jb Property Group LLC
Jks Realty LLC
Warranty Deed
$382,500 · Jks Realty LLC
Dec 8, 2014
$127,000
Jks Rlty LLC
Phx LLC
Warranty Deed
—
Apr 29, 1998
$176,872
Phx LLC
Mantup Prop Mgmt
Grant Deed
—
Jul 29, 1996
$168,000
Robert G Viens
Viens,joseph R
Warranty Deed
related
$126,000 · Citizens National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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