New search
Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Turn key restaurants
218 Talcottville Rd, Vernon, CT 06066-4617
Individually Owned
1-yr Hold
Free & Clear
Property ID
US15-0667987
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1980
Construction
FRAME
Total area
2,898 SF
Lot
1.3 ac (56,628 SF)
Zoning code
COMMER
APN
VERN M:10 B:015R L:00039
UPID
US15-0667987
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
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
212 Talcotteville Road Ll · 1 yrs held
212 Talcotteville Road Ll
since 2024
Last sale
$550,000
7 recorded transactions
Zoning & alternative use
COMMER · Vernon, 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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$550,000
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$355,000
Current use
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $550k (Oct 21 2024)
Last sale anchor
$550k
Oct 21 2024
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
$190 / 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
$9,243
Tax year 2023
Assessed value
$276,830
Assessed 2023
Previous assessed
$276,830
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$159,710
Assessed improvement
$117,120
Applied tax rate
420.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Rooms
1
Bathrooms
3
Total area
2,898 SF
Lot
1.3 ac (56,628 SF)
Zoning code
COMMER
APN
VERN M:10 B:015R L:00039
UPID
US15-0667987
Jurisdiction
VERNON
Zoning & alternative use
COMMER · Vernon, CT
Zoning COMMER · permitted uses
COMMER · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$355,000
RESTAURANT Current
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
1980
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
3
Lot
1.3 ac
Current owner
From public records · entity-resolved
212 Talcotteville Road Ll
Individual
Free & Clear · 1 yrs held
Mailing address
218 TALCOTTVILLE RD, VERNON, CT 06066-4617
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2024
—
212 Talcotteville Road Ll
212 Talcottville Road LLC
Quitclaim Deed
related
—
Apr 3, 2023
$550,000
212 Talcottville Road LLC
218 Talcott LLC
Warranty Deed
$500,000 · 218 Talcott LLC
Jun 29, 2011
$600,000
218 Talcott LLC
Cillo,gerardo
Warranty Deed
—
Nov 22, 2005
$600,000
218 Talcott LLC
Cillo,gerard
Warranty Deed
$525,000 · Zenon Grzybowski
Dec 16, 1996
—
Gerado Cillo
—
Deed Of Trust
related
$225,000 · Bank Of South Windsor
Jun 17, 1994
—
Gerardo Cillo
—
Deed Of Trust
related
$200,000 · Bank Of South Windsor
Sep 15, 1992
$115,000
Mario Iannucci
Benacquista,victor
Warranty Deed
—
Sep 14, 1992
$345,000
Gerardo Cillo
Benaquista,victor
Warranty Deed
$225,000 · Zenon Grzybowski
Apr 6, 1990
$109,000
Victor Benacquista
Degennaro,gennaro
Grant Deed
—
Mar 17, 1987
$410,000
Victor Benacquista
Troy,james
Grant Deed
$390,000 · United Bank & Trust Co
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 218 Talcottville Rd?
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.
