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Property profile & analytics
OFF-MARKET
Estimated value
$3,630,000
Industrial properties
200 Main St Monroe, CT 06468-1174
Entity Owned
~
Est. High Equity
Property ID
US15-0420586
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2006
Construction
STEEL FRAME
Total area
28,000 SF
Lot
8.69 ac (378,536 SF)
Zoning code
I1
APN
MONR M:019 B:009 L:0A
UPID
US15-0420586
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
-
A D Lines Euro Group Renovation Specialist
-
Mikron Corporation Monroe Industrial Manufacturer
-
Lice Treatment Center Monroe Hair Salon
-
Orkin Garden Center
-
Blue Water Pools of Connecticut Renovation Specialist General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$3.63M
Owner & transaction history
200 Main St Monroe LLC
200 Main St Monroe LLC
since 2025
Last sale
$3.9M
2 recorded transactions
Zoning & alternative use
I1 · Monroe, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.2M
+91.4%
Office building
$4.9M
+79.7%
Apartment house (5+ units)
$4.4M
+63.2%
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,720,000
Current use
RETAIL STORES
$5,205,000
Change: +91% · Conversion: Moderate
OFFICE BUILDING
$4,885,000
Change: +80% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,435,000
Change: +63% · Conversion: Difficult
Blend value · Realmo final
$3.63M
Range $3.27M – $3.99M · ±10% · vs last sale $3.90M (Dec 12 2025)
Last sale anchor
$3.90M
Dec 12 2025
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
$130 / 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
$59,198
Tax year 2023
Assessed value
$1,576,500
Assessed 2023
Previous assessed
$1,576,500
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$364,700
Assessed improvement
$1,211,800
Applied tax rate
126.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
13
Total area
28,000 SF
Lot
8.69 ac (378,536 SF)
Zoning code
I1
APN
MONR M:019 B:009 L:0A
UPID
US15-0420586
Jurisdiction
MONROE
Zoning & alternative use
I1 · Monroe, CT
Zoning I1 · permitted uses
I1 · Monroe, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
RETAIL STORES
Est. value
$5.2M
OFFICE BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
2006
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
13
Lot
8.69 ac
Current owner
From public records · entity-resolved
200 Main St Monroe LLC
Entity
Mailing address
234 MAIN ST, MONROE, CT 06468-1172
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$3,900,000
200 Main St Monroe LLC
200 Commercial LLC
Warranty Deed
$2,925,000 · Newtown Savings Bank
Oct 25, 1995
$200,000
Mark Sippin
Bridgeport Hydraulic
Warranty 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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