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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Showrooms
19 Limekiln Rd Redding, CT 06896-1305
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0186431
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,178 SF
Lot
2.05 ac (89,298 SF)
Zoning code
R-2
APN
REDD M:6 L:88
UPID
US15-0186431
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.27M
Owner & transaction history
D J&b A Tulipan Ret · 3 yrs held
D J&b A Tulipan Ret
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
R-2 · Redding, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$975,000
+0.3%
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$1,460,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$975,000
Current use
AUTO REPAIR, GARAGE
$975,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.20M (Dec 8 2022)
Last sale anchor
$1.20M
Dec 8 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
$304 / 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
$19,560
Tax year 2023
Assessed value
$706,400
Assessed 2023
Previous assessed
$706,400
+0.0% YoY
Effective rate
2.77%
On assessed value
Assessed land
$146,900
Assessed improvement
$559,500
Applied tax rate
130.0000
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Rooms
10
Bathrooms
5
Total area
4,178 SF
Lot
2.05 ac (89,298 SF)
Zoning code
R-2
APN
REDD M:6 L:88
UPID
US15-0186431
Jurisdiction
REDDING
Zoning & alternative use
R-2 · Redding, CT
Zoning R-2 · permitted uses
R-2 · Redding, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redding. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$975,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Rooms
10
Bathrooms
5
Lot
2.05 ac
Current owner
From public records · entity-resolved
D J&b A Tulipan Ret
Individual
Mailing address
19 LIMEKILN RD, REDDING, CT 06896-1305
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
$1,200,000
D J&b A Tulipan Ret
Alexander Gray
Warranty Deed
—
Mar 4, 2013
—
Alexander Gray
—
Deed Of Trust
related
$372,000 · Provident Funding Group INC
Jan 18, 2008
—
Alexander Gray
—
Deed Of Trust
related
$400,000 · Bank Of America
Jan 24, 2007
—
Alexander Gray
—
Deed Of Trust
related
$670,000 · Ffld County Bank Corp
Jul 11, 2003
—
Sandra Gray
—
Deed Of Trust
related
$493,000 · Fleet Mortgage Corp
Jun 25, 2003
—
Alexander Gray
—
Deed Of Trust
related
$236,100 · Fleet Mortgage Corp
Sep 24, 2002
—
Alexander Gray
—
Deed Of Trust
related
$500,000 · Fleet National Bank
Jul 18, 2001
—
Alexander Gray
—
Deed Of Trust
related
$250,000 · Fleet National Bank
Feb 10, 1997
—
Alexander Gray
—
Deed Of Trust
related
$337,500 · Norwalk Savings Society
Aug 13, 1990
—
Alexander Gray
—
Deed Of Trust
related
$360,000 · Norwalk Savings Soc
Jun 29, 1990
$400,000
Alexander Gray
Carousel Prop
Grant Deed
$260,000 · Norwalk Savings Soc
Aug 31, 1988
—
Carausel Properties
—
Deed Of Trust
related
$370,000 · Norwalk Savings Soc
Jul 10, 1987
—
Carousel Prop INC
—
Deed Of Trust
related
$300,000 · Norwalk Savings Soc
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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