Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate
192 Rte 32 North Franklin, CT 06254-1812
Entity Owned
5-yr Hold
Free & Clear
Property ID
US15-0796745
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Lot
2.3 ac (100,188 SF)
Zoning code
C-2
APN
FRAN M:42 B:5
UPID
US15-0796745
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Berklevy LLC · 5 yrs held
Berklevy LLC
since 2021
Last sale
$240,000
6 recorded transactions
Zoning & alternative use
C-2 · North Franklin, CT
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 North Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Franklin 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
$7,799
Tax year 2023
Assessed value
$339,510
Assessed 2023
Previous assessed
$298,990
+13.6% YoY
Effective rate
2.30%
On assessed value
Assessed land
$120,120
Assessed improvement
$219,390
Applied tax rate
354.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1950
Heating
NONE
Buildings
2
Lot
2.3 ac (100,188 SF)
Zoning code
C-2
APN
FRAN M:42 B:5
UPID
US15-0796745
Jurisdiction
FRANKLIN
Zoning & alternative use
C-2 · North Franklin, CT
Zoning C-2 · permitted uses
C-2 · North Franklin, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Franklin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Buildings
2
Lot
2.3 ac
Current owner
From public records · entity-resolved
Berklevy LLC
Entity
Free & Clear · 5 yrs held
Mailing address
248 SCOTLAND RD, NORWICH, CT 06360-1654
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
$266,400
Berklevy LLC
Knowles Harry F JR Est
Commissioners Deed
related
—
Dec 8, 2008
—
Susan Knowles
—
Deed Of Trust
related
$375,000 · Dime Savings Bank Norwich
Sep 6, 2001
$240,000
Susan Knowles
Vinkels,conrad
Warranty Deed
—
Jan 20, 2000
$108,590
Conrad S Vinkels
Massey,j Scott
Warranty Deed
—
Jan 20, 2000
—
Conrad S Vinkels
—
Deed Of Trust
related
$180,000 · Flagstar Bank Fsb
Aug 25, 1994
$212,000
J Scott Massey
Mcmanus,anne D
Warranty Deed
$172,500 · Zenon Grzybowski
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 192 Rte 32?
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.
