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Property profile & analytics
OFF-MARKET
Estimated value
$6,665,000
Showrooms
211 Main St Middletown, CT 06457-3714
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0947327
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2019
Construction
FRAME
Total area
17,305 SF
Lot
1.95 ac (84,942 SF)
Zoning code
MXC
APN
MTWN M:26 L:0355
UPID
US15-0947327
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
-
Neils Donuts Bakery Discount Store
-
Mr. Andrew Mcnamee Physician
-
Garrett Wadsworth Physician
-
Ryan A. Naujoks, MD Physician
-
Dr. Terry Reardon Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.67M
Owner & transaction history
Vetoria Realty INC · 3 yrs held
Vetoria Realty INC
since 2022
Last sale
$7.0M
3 recorded transactions
Zoning & alternative use
MXC · Middletown, 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 Middletown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middletown 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
$6,295,000
ML approach
$6,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.67M
Range $6.00M – $7.33M · ±10% · vs last sale $7.00M (Dec 8 2022)
Last sale anchor
$7.00M
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
$385 / 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
$112,653
Tax year 2023
Assessed value
$3,209,500
Assessed 2023
Previous assessed
$3,209,500
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$706,390
Assessed improvement
$2,503,110
Applied tax rate
250.0000
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
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
7
Total area
17,305 SF
Lot
1.95 ac (84,942 SF)
Zoning code
MXC
APN
MTWN M:26 L:0355
UPID
US15-0947327
Jurisdiction
MIDDLETOWN
Zoning & alternative use
MXC · Middletown, CT
Zoning MXC · permitted uses
MXC · Middletown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middletown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
7
Lot
1.95 ac
Current owner
From public records · entity-resolved
Vetoria Realty INC
Entity
Mailing address
211 S MAIN ST, MIDDLETOWN, CT 06457-3714
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2022
$7,000,000
Vetoria Realty INC
211 South Main Street LLC
Warranty Deed
$2,000,000 · 211 South Main St LLC
Jun 26, 2018
$700,000
211 S Main Street LLC
City Sb Of Middletown
Quit Claim Deed
—
—
—
211 S Main Street LLC
—
Deed Of Trust
related
$3,082,500 · 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.
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