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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
22 Church Hl Rd Newtown, CT 06470-1625
Individually Owned
32-yr Hold
Free & Clear
Property ID
US15-0975323
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1817
Construction
FRAME
Total area
2,970 SF
Lot
0.62 ac (27,007 SF)
Zoning code
B-1/2
APN
NEWT M:27 B:2 L:13
UPID
US15-0975323
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
-
Newtown Convenience Grocery & Convenience Store
-
FedEx Drop Box Postal Service Courier Service
-
Lucia's Salumeria Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Angelo Laforte · 32 yrs held
Angelo Laforte
since 1994
3 recorded transactions
Zoning & alternative use
B-1/2 · Newtown, 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 Newtown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newtown 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,741
Tax year 2023
Assessed value
$256,880
Assessed 2023
Previous assessed
$272,720
-5.8% YoY
Effective rate
2.62%
On assessed value
Assessed land
$157,700
Assessed improvement
$99,180
Applied tax rate
106.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1817
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
12
Bathrooms
4
Total area
2,970 SF
Lot
0.62 ac (27,007 SF)
Zoning code
B-1/2
APN
NEWT M:27 B:2 L:13
UPID
US15-0975323
Jurisdiction
NEWTOWN
Zoning & alternative use
B-1/2 · Newtown, CT
Zoning B-1/2 · permitted uses
B-1/2 · Newtown, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newtown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1817
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
12
Bathrooms
4
Lot
0.62 ac
Current owner
From public records · entity-resolved
Angelo Laforte
Individual
Free & Clear · 32 yrs held
Mailing address
6 BELDEN HL RD, BROOKFIELD, CT 06804-2550
Ownership since
1994
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
Jun 24, 1994
$151,700
Angelo Laforte
Thomas,lyndon
Warranty Deed
—
Jun 28, 1989
$480,000
Paul Payne
Cavaliere & Sons
Grant Deed
—
Jun 28, 1989
—
Lynton Thomas
—
Deed Of Trust
related
$100,000 · Peoples 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.
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