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Property profile & analytics
OFF-MARKET
Estimated value
$5,880,000
Assisted living facilities
261 Smt St Plantsville, CT 06479-1124
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0512093
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1975
Total area
64,773 SF
Lot
5.52 ac (240,451 SF)
Zoning code
R-12
APN
SOUT M:086 L:116
UPID
US15-0512093
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 Summit at Plantsville Nursing Home
-
Consulate Management Co Medical Clinic
-
Summit At Plantsville: Ciardella Anthony D MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.88M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.88M
Owner & transaction history
Smt At Plantsville Acqu R · 1 yrs held
Smt At Plantsville Acqu R
since 2024
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
R-12 · Plantsville, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$9.0M
+529.4%
Restaurant
$7.6M
+429.5%
Commercial (general)
$5.7M
+298.7%
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 Plantsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plantsville 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
$5,880,000
ML approach
$5,880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,985,000
Change: +529% · Conversion: Difficult
RESTAURANT
$7,560,000
Change: +430% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,690,000
Change: +299% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,455,000
Change: +282% · Conversion: Difficult
RETAIL STORES
$5,365,000
Change: +276% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,320,000
Change: +273% · Conversion: Difficult
MEDICAL BUILDING
$3,550,000
Change: +149% · Conversion: Difficult
Blend value · Realmo final
$5.88M
Range $5.29M – $6.47M · ±10% · vs last sale $5.88M (Oct 16 2024)
Last sale anchor
$5.88M
Oct 16 2024
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
$91 / 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
$102,010
Tax year 2023
Assessed value
$3,360,000
Assessed 2023
Previous assessed
$3,360,000
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$426,390
Assessed improvement
$2,933,610
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Total area
64,773 SF
Lot
5.52 ac (240,451 SF)
Zoning code
R-12
APN
SOUT M:086 L:116
UPID
US15-0512093
Jurisdiction
SOUTHINGTON
Zoning & alternative use
R-12 · Plantsville, CTZoning R-12 · permitted uses
R-12 · Plantsville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$9.0M
RESTAURANT
Est. value
$7.6M
COMMERCIAL (GENERAL)
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.5M
RETAIL STORES
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
MEDICAL BUILDING
Est. value
$3.6M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
MEDICAL BUILDING
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Lot
5.52 ac
Current owner
From public records · entity-resolved
Smt At Plantsville Acqu R
Individual
Mailing address
11501 OUTLOOK ST STE #300, OVERLAND PARK, KS 66211-1807
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$5,878,422
Smt At Plantsville Acqu R
Summit Landlord LLC
Warranty Deed
—
Mar 16, 2012
$1
Summit Landlord LLC
Southington Snf LLC
Grant Deed
related
—
Jul 2, 2007
—
Southington Snf LLC
—
Deed Of Trust
related
$122,973 · Key Bank NA
Aug 2, 2002
$5,706,000
Southington Snf LLC
Tandem Health Care INC
Warranty Deed
$9,200,000 · Fleet National Bank
Aug 2, 2002
—
Southington Snf LLC
—
Deed Of Trust
related
$300,000 · Fleet National Bank
Nov 17, 1999
$9,000,000
Tamdem Health Care
Health Care Reit INC
Warranty Deed
related
$8,800,000 · Gmac Mortgage Corp Pa
Jun 30, 1993
$11,576,709
Health Care Reit INC
New England Finc Corp
Warranty Deed
—
Apr 23, 1993
$11,099,809
New England Finance Co
New Woodmere Nursing
Grant Deed
related
—
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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