New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,480,000
Showrooms
18 Pratt Rd, Plainfield, CT 06374-2043
Entity Owned
~
Est. High Equity
Property ID
US15-0365547
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Construction
FRAME
Total area
34,830 SF
Lot
2.52 ac (109,771 SF)
Zoning code
C2
APN
PLAI M:017 B:0011 L:0012
UPID
US15-0365547
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
-
La Quinta Inn & Suites by Wyndham Norwich-Plainfield-Casino Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.48M
Owner & transaction history
Avyash LLC
Avyash LLC
since 2025
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
C2 · Plainfield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.5M
+24.5%
Apartment house (5+ units)
$3.0M
+7.5%
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 Plainfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainfield 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
$5,660,000
ML approach
$5,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,830,000
Current use
RETAIL STORES
$3,525,000
Change: +24% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,040,000
Change: +7% · Conversion: Moderate
Blend value · Realmo final
$4.48M
Range $4.03M – $4.93M · ±10% · vs last sale $4.50M (Apr 10 2023)
Last sale anchor
$4.50M
Apr 10 2023
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
$129 / 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
$45,114
Tax year 2023
Assessed value
$2,030,330
Assessed 2023
Previous assessed
$2,030,330
+0.0% YoY
Effective rate
2.22%
On assessed value
Assessed land
$194,040
Assessed improvement
$1,836,290
Applied tax rate
502.0000
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
66
Total area
34,830 SF
Lot
2.52 ac (109,771 SF)
Zoning code
C2
APN
PLAI M:017 B:0011 L:0012
UPID
US15-0365547
Jurisdiction
PLAINFIELD
Zoning & alternative use
C2 · Plainfield, CT
Zoning C2 · permitted uses
C2 · Plainfield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$3.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
COMMERCIAL (GENERAL) Current
RETAIL STORES
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
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
66
Lot
2.52 ac
Current owner
From public records · entity-resolved
Avyash LLC
Entity
Mailing address
18 PRATT RD, PLAINFIELD, CT 06374-2043
Mailing matches property
Yes
Owner-occupied
Yes
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2025
$4,911,000
Avyash LLC
Wau Hospitality LLC
Warranty Deed
$4,505,000 · Jewett City Savings Bank
Jul 30, 2025
—
Avyash LLC
—
Deed
related
$100,000 · Bdc Cmnty Cap Corp
Apr 10, 2023
$4,500,000
Wau Hospitality LLC
Kautilya Plainfield Hotel
Warranty Deed
$2,307,500 · Baycoast Bank
Feb 3, 2016
—
Kautilya Plainfield Ho
Branford Holiday LLC
Quit Claim Deed
related
$2,614,000 · Crestmark Bank
Feb 4, 2008
—
Branford Holiday LLC
—
Deed Of Trust
related
$1,639,000 · Ocean State Development INC
Sep 4, 2007
$1
Branford Holiday LLC
Interstate Hospital LLC
Warranty Deed
—
Sep 4, 2007
—
Branford Holiday LLC
—
Deed Of Trust
related
$1,601,250 · Home Loan & Investment Co
Dec 27, 2005
—
Interstate Hospitalit LLC
—
Deed Of Trust
related
$60,000 · Putnam Savings Bank
Aug 31, 2004
—
Interstate Hospitalit LLC
—
Deed Of Trust
related
$3,025,000 · Putnam Savings Bank
Dec 9, 2003
—
Interstate Hospitalit LLC
—
Deed Of Trust
related
$2,400,000 · Putnam Savings Bank
—
—
Kautilya Plainfield Hotel
—
Deed Of Trust
related
$250,000 · Banknewport
—
—
Kautilya Plainfield Hotel
—
Deed Of Trust
related
$2,405,000 · Banknewport
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 18 Pratt Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
