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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Individual retail properties
234 Talcottville Rd, Vernon, CT 06066-4617
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0359673
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1982
Construction
STEEL FRAME
Total area
12,414 SF
Lot
0.99 ac (43,124 SF)
Zoning code
COMMER
APN
VERN M:10 B:015R L:0040G
UPID
US15-0359673
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
-
The Botanist Gym & Fitness Center Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Pritam LLC · 4 yrs held
Pritam LLC
since 2022
Last sale
$1.1M
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
$1,075,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,530,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,250,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,105,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,070,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$1,050,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$985,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (May 10 2022)
Last sale anchor
$1.10M
May 10 2022
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
$89 / 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
$17,071
Tax year 2023
Assessed value
$511,270
Assessed 2023
Previous assessed
$511,270
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$249,480
Assessed improvement
$261,790
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Rooms
1
Bathrooms
2
Total area
12,414 SF
Lot
0.99 ac (43,124 SF)
Zoning code
COMMER
APN
VERN M:10 B:015R L:0040G
UPID
US15-0359673
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
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$985,000
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1982
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
2
Lot
0.99 ac
Current owner
From public records · entity-resolved
Pritam LLC
Entity
Mailing address
234 TALCOTTVILLE RD, VERNON, CT 06066-4617
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2023
—
Pritam LLC
—
Deed
related
$2,250,000 · Webster Bank
May 10, 2022
$1,100,000
Pritam LLC
234 Talcottville Road LLC
Warranty Deed
$800,000 · 234 Talcottville Road
Mar 14, 2012
—
234 Talcottville Road LLC
—
Deed Of Trust
related
$3,075,000 · Savings Institute
Jun 1, 2006
$1
234 Talcottville Road LLC
Rusconi,peter
Grant Deed
related
—
Aug 18, 2004
—
Peter Rusconi
—
Deed Of Trust
related
$175,000 · Robert Fishman Trust
Nov 26, 2003
—
Peter Rusconi
—
Deed Of Trust
related
$115,000 · Robert Fishman Tr
May 1, 2003
—
Peter Rusconi
—
Deed Of Trust
related
$100,000 · Robert Fishman
Apr 24, 2002
—
Peter Rusconi
—
Deed Of Trust
related
$360,000 · Enterprise Capital Corp
Jul 22, 1999
—
Peter Rusconi
—
Deed Of Trust
related
$50,000 · Enterprise Capital Corp
Oct 20, 1998
—
Peter Rusconi
—
Deed Of Trust
related
$60,000 · Enterprise Capital Corp
Jul 11, 1996
$365,000
Peter Rusconi
Center Conn Health
Warranty Deed
$345,000 · Bank Of South Windsor
—
—
234 Talcottville Rd LLC
—
Deed Of Trust
related
$270,000 · Rcn Cap
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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