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Property profile & analytics
OFF-MARKET
Retail space
240 Main St Vernon, CT 06066-3442
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US15-1035192
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Construction
FRAME
Total area
1,747 SF
Lot
0.18 ac (7,841 SF)
Zoning code
RC
APN
VERN M:22 B:0051 L:00012
UPID
US15-1035192
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
-
Drive In Package Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
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
Shuvarna Re Acquisitions · 22 yrs held
Shuvarna Re Acquisitions
since 2004
4 recorded transactions
Zoning & alternative use
RC · 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
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
$5,486
Tax year 2023
Assessed value
$164,310
Assessed 2023
Previous assessed
$164,310
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$40,190
Assessed improvement
$124,120
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
NONE
Buildings
1
Stories
1
Total area
1,747 SF
Lot
0.18 ac (7,841 SF)
Zoning code
RC
APN
VERN M:22 B:0051 L:00012
UPID
US15-1035192
Jurisdiction
VERNON
Zoning & alternative use
RC · Vernon, CT
Zoning RC · permitted uses
RC · 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.
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
NONE
Stories
1
Buildings
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Shuvarna Re Acquisitions
Individual
Mailing address
240 W MAIN ST, VERNON, CT 06066-3442
Ownership since
2004
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
May 13, 2004
$175,000
Shuvarna Re Acquisitions
Morris Re Acquisition LLC
Warranty Deed
$517,000 · Enfield Fsla
Oct 15, 2001
$200,000
Morris Re Acquisit LLC
Hattan,douglas
Warranty Deed
$666,500 · Enfield Fsla
Dec 1, 2000
—
Douglas Hattan
—
Deed Of Trust
related
$192,000 · Webster Bank
Jun 3, 1993
—
Douglas Hattan
—
Deed Of Trust
related
$80,000 · Lillian Scheer
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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