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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Automotive properties
2191 Straits Tpke Middlebury, CT 06762-1811
Entity Owned
15-yr Hold
Free & Clear
Property ID
US15-0155285
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1971
Construction
STEEL FRAME
Total area
22,648 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CA40
APN
MIDD M:4-11 L:014
UPID
US15-0155285
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
-
Crabtree Nissan Car Dealership
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Nissan Charging Station Electric Vehicle Charging Station
-
Nissan Service Center Auto Repair Shop
-
Craig Thorne: Allstate Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$2.39M
Owner & transaction history
2191 Straits LLC · 15 yrs held
2191 Straits LLC
since 2011
6 recorded transactions
Zoning & alternative use
CA40 · Middlebury, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.3M
+61.2%
Apartment house (5+ units)
$2.2M
+8.7%
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 Middlebury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Middlebury 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
AUTO REPAIR, GARAGE
$2,055,000
Current use
RESTAURANT
$3,310,000
Change: +61% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,235,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$1,845,000
Change: -10% · Conversion: Difficult
RETAIL STORES
$1,835,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10%
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
$106 / 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
$57,423
Tax year 2023
Assessed value
$1,780,000
Assessed 2023
Previous assessed
$1,780,000
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$229,300
Assessed improvement
$1,550,700
Applied tax rate
332.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
22,648 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CA40
APN
MIDD M:4-11 L:014
UPID
US15-0155285
Jurisdiction
MIDDLEBURY
Zoning & alternative use
CA40 · Middlebury, CT
Zoning CA40 · permitted uses
CA40 · Middlebury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Middlebury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.1M
RESTAURANT
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.8M
AUTO REPAIR, GARAGE Current
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
1971
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
2191 Straits LLC
Entity
Free & Clear · 15 yrs held
Mailing address
PO BOX 111, MILFORD, CT 06460-0111
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Gold Coast North LLC
—
Deed
related
$7,281,000 · Toyota Motor Credit Corp
Mar 15, 2011
—
2191 Straits LLC
—
Deed Of Trust
related
$592,700 · Naugatuck Savings Bank
Mar 15, 2011
$1
2191 Straits LLC
2191 Straits LLC
Grant Deed
related
—
Jul 6, 2007
—
2191 Straits LLC
—
Deed Of Trust
related
$400,000 · Naugatuck Savings Bank
Nov 5, 2004
$2,874,330
2191 Straits LLC
Janazzo,maurice
Warranty Deed
$2,874,330 · Zenon Grzybowski
Feb 7, 2000
—
Maurice Janazzo
—
Deed Of Trust
related
$500,000 · Southington Savings Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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