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Property profile & analytics
OFF-MARKET
Estimated value
$2,645,000
Office buildings
230 Mtn Rd Suffield, CT 06078
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-0323811
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,104 SF
Lot
2.21 ac (96,268 SF)
Zoning code
TCV
APN
SUFF M:0024H B:00030 L:00132
UPID
US15-0323811
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
-
Jennifer Fritts Physician
-
Julie Oakes Auletta Alternative Medicine Practice
-
Melissa Morin Physician
-
General Medical Practice Medical Clinic
-
Adam Majka Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.65M
Owner & transaction history
230 Mountain Road LLC · 17 yrs held
230 Mountain Road LLC
since 2008
4 recorded transactions
Zoning & alternative use
TCV · Suffield, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.8M
+55.2%
Retail stores
$2.5M
+4.4%
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 Suffield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Suffield 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
OFFICE BUILDING
$2,435,000
Current use
RESTAURANT
$3,780,000
Change: +55% · Conversion: Moderate
RETAIL STORES
$2,545,000
Change: +4% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,215,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,090,000
Change: -14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,030,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.65M
Range $2.38M – $2.91M · ±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
$120 / 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
$41,220
Tax year 2023
Assessed value
$1,440,740
Assessed 2023
Previous assessed
$1,440,740
+0.0% YoY
Effective rate
2.86%
On assessed value
Assessed land
$172,060
Assessed improvement
$1,268,680
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
16
Total area
22,104 SF
Lot
2.21 ac (96,268 SF)
Zoning code
TCV
APN
SUFF M:0024H B:00030 L:00132
UPID
US15-0323811
Jurisdiction
SUFFIELD
Zoning & alternative use
TCV · Suffield, CT
Zoning TCV · permitted uses
TCV · Suffield, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Suffield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.4M
RESTAURANT
Est. value
$3.8M
RETAIL STORES
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
16
Lot
2.21 ac
Current owner
From public records · entity-resolved
230 Mountain Road LLC
Entity
Mailing address
729 PO BOX 627TH RD, SUFFIELD, CT 06078-0627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2023
—
230 Mountain Road LLC
—
Deed
related
$1,000,000 · Windsor Federal Bank
Dec 5, 2008
$1
230 Mountain Road LLC
222 Mountain Road LLC
Grant Deed
related
—
Mar 26, 2007
$265,500
222 Mountain Road LLC
Palmer,kenneth
Warranty Deed
—
Aug 31, 2005
—
222 Mountain Road LLC
—
Deed Of Trust
related
$3,700,000 · Rockville 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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