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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Industrial properties
2 Northgate Dr Windsor Locks, CT 06096-1205
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-1334576
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Construction
STEEL FRAME
Total area
17,380 SF
Lot
0.95 ac (41,382 SF)
Zoning code
IND2
APN
WINL M:10 B:2 L:36
UPID
US15-1334576
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
-
Heavy's Automotive Inc Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$905k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Northgate Corner LLC · 5 yrs held
Northgate Corner LLC
since 2021
Last sale
$840,000
7 recorded transactions
Zoning & alternative use
IND2 · Windsor Locks, 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 Windsor Locks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor Locks 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
$1,015,000
ML approach
$905,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $840k (Apr 30 2021)
Last sale anchor
$840k
Apr 30 2021
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
$52 / 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
$16,144
Tax year 2023
Assessed value
$613,130
Assessed 2023
Previous assessed
$613,130
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$73,150
Assessed improvement
$539,980
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
3
Total area
17,380 SF
Lot
0.95 ac (41,382 SF)
Zoning code
IND2
APN
WINL M:10 B:2 L:36
UPID
US15-1334576
Jurisdiction
WINDSOR LOCKS
Zoning & alternative use
IND2 · Windsor Locks, CT
Zoning IND2 · permitted uses
IND2 · Windsor Locks, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Windsor Locks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
3
Lot
0.95 ac
Current owner
From public records · entity-resolved
Northgate Corner LLC
Entity
Mailing address
2 NORTHGATE DR, WINDSOR LOCKS, CT 06096-1205
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
$840,000
Northgate Corner LLC
Northgate LLC
Warranty Deed
$346,000 · Bay Colony Development Corp
Aug 29, 2013
—
Northgate LLC
—
Deed Of Trust
related
$568,000 · First Niagara Bank
Aug 17, 2006
$680,000
Northgate LLC
Walcom Conn LLC
Warranty Deed
$544,000 · Td Banknorth Mtg Grp
Nov 17, 2004
$650,000
Walcon Connecticut LLC
Limberger,john
Warranty Deed
—
Jun 2, 1997
—
Eagle Enterprises
—
Deed Of Trust
related
$345,000 · Tolland Bank
Apr 28, 1993
$55,000
Charles Toohy
Northgale Prtnshp
Warranty Deed
—
Aug 20, 1991
—
John A Limberger JR.
—
Deed Of Trust
related
$62,500 · Tolland Bank
May 31, 1990
—
John A Limberger JR.
—
Deed Of Trust
related
$400,000 · Tolland Bank
Nov 3, 1988
$100,000
John Linburger
Northgate Prtnrshp
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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