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Property profile & analytics
OFF-MARKET
Showrooms
27 Merchants Ave Taftville, CT 06380-1009
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0469175
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1890
Construction
FRAME
Total area
4,120 SF
Lot
0.22 ac (9,583 SF)
Zoning code
NC/R20
APN
NORW M:46 B:2 L:83
UPID
US15-0469175
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
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
27 Merchant Ave Assoc LLC · 3 yrs held
27 Merchant Ave Assoc LLC
since 2022
Last sale
$338,236
5 recorded transactions
Zoning & alternative use
NC/R20 · Taftville, 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 Taftville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taftville 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
$5,800
Tax year 2023
Assessed value
$138,600
Assessed 2023
Previous assessed
$138,600
+0.0% YoY
Effective rate
4.18%
On assessed value
Assessed land
$42,600
Assessed improvement
$96,000
Applied tax rate
386.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
5
Rooms
20
Total area
4,120 SF
Lot
0.22 ac (9,583 SF)
Zoning code
NC/R20
APN
NORW M:46 B:2 L:83
UPID
US15-0469175
Jurisdiction
NORWICH
Zoning & alternative use
NC/R20 · Taftville, CT
Zoning NC/R20 · permitted uses
NC/R20 · Taftville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taftville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
5
Rooms
20
Lot
0.22 ac
Current owner
From public records · entity-resolved
27 Merchant Ave Assoc LLC
Entity
Mailing address
27 MERCHANTS AVE, TAFTVILLE, CT 06380-1009
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
—
27 Merchant Ave Assoc LLC
—
Deed
related
$280,000 · Li Sound Invs LLC
Aug 22, 2022
$338,236
27 Merchant Ave Assoc LLC
Onyx Investments LLC
Warranty Deed
$253,000 · Sachem Capital Corp
Mar 11, 2022
—
Onyx Investments LLC
—
Deed
related
$160,000 · Visokey Partners
Jan 3, 2022
$200,000
Onyx Investments LLC
Norwich Prop Realty LLC
Warranty Deed
$7,500,000 · Capital Funding
Dec 27, 2001
$102,500
Shri Mari LLC
Hall,aldona C
Warranty Deed
$90,000 · Zwi Kohorn
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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