Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$865,000
Office buildings
219 Main St Cheshire, CT 06410-6300
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0103691
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
FRAME
Total area
3,955 SF
Lot
1.2 ac (52,272 SF)
Zoning code
R-20A
APN
CHES M:64 B:240 L:
UPID
US15-0103691
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
-
CT Reverse Mortgage Loan Service Bank
-
Constitution Mortgage Co Inc Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$865k
Owner & transaction history
Bg 219 LLC · 1 yrs held
Bg 219 LLC
since 2024
Last sale
$865,000
7 recorded transactions
Zoning & alternative use
R-20A · Cheshire, 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 Cheshire submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheshire 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
$865,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$865k
Range $779k – $952k · ±10% · vs last sale $865k (Sep 20 2024)
Last sale anchor
$865k
Sep 20 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
$219 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,584
Tax year 2024
Assessed value
$385,420
Assessed 2024
Previous assessed
$385,420
+0.0% YoY
Effective rate
2.75%
On assessed value
Assessed land
$106,400
Assessed improvement
$279,020
Applied tax rate
322.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
2
Total area
3,955 SF
Lot
1.2 ac (52,272 SF)
Zoning code
R-20A
APN
CHES M:64 B:240 L:
UPID
US15-0103691
Jurisdiction
CHESHIRE
Zoning & alternative use
R-20A · Cheshire, CT
Zoning R-20A · permitted uses
R-20A · Cheshire, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheshire. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Bg 219 LLC
Entity
Mailing address
219 S MAIN ST, CHESHIRE, CT 06410-6300
Mailing matches property
Yes
Owner-occupied
Yes
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
Sep 20, 2024
$865,000
Bg 219 LLC
Sound FCU
Warranty Deed
—
Feb 1, 2024
—
Sound FCU
Sig Re Holdings LLC
Warranty Deed
—
Dec 22, 2020
—
Sig Re Hldgs LLC
219 Realty LLC
Quit Claim Deed
related
—
Oct 17, 2019
$825,000
219 Realty LLC
Gra Mar LLC
Warranty Deed
$434,211 · Live Oak Bkng Co
Dec 30, 2009
—
Gra Mar LLC
—
Deed Of Trust
related
$200,000 · Bci Financial Corp Ct
May 14, 2009
—
Gra-mar LLC
—
Deed Of Trust
related
$380,800 · Savings Bank Of Danbury
Nov 18, 2008
$326,000
Gra Mar LLC
First States Investors
Grant Deed
$326,000 · Bci Financial Corp Ct
Apr 7, 2008
$1
1st States Investors Fpc
1st States Investors 3628
Grant Deed
related
—
Dec 22, 2006
$747,500
First States Invest LLC
Wachovia Bk
Grant Deed
—
—
—
Gra Mar LLC
—
Deed Of Trust
related
$480,000 · Savings Bk/danbury
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 219 Main St?
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.
