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Property profile & analytics
OFF-MARKET
Estimated value
$1,915,000
Gas stations
283 Washington St, Plainville, CT 06062
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US15-0356620
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1972
Construction
FRAME
Total area
15,460 SF
Lot
1.34 ac (58,370 SF)
Zoning code
GC
APN
PLAI M:13 B:H L:09
UPID
US15-0356620
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
$1.88M
Blend (final)
Blend
$1.92M
Owner & transaction history
62 West Main LLC · 13 yrs held
62 West Main LLC
since 2013
5 recorded transactions
Zoning & alternative use
GC · Plainville, 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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
Blend value · Realmo final
$1.92M
Range $1.72M – $2.11M · ±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
$124 / 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
$25,612
Tax year 2023
Assessed value
$815,150
Assessed 2023
Previous assessed
$815,150
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$395,500
Assessed improvement
$419,650
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Units
2
Total area
15,460 SF
Lot
1.34 ac (58,370 SF)
Zoning code
GC
APN
PLAI M:13 B:H L:09
UPID
US15-0356620
Jurisdiction
PLAINVILLE
Zoning & alternative use
GC · Plainville, CT
Zoning GC · permitted uses
GC · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Units
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
62 West Main LLC
Entity
Mailing address
17 COBBLESTONE DR, PLANTSVILLE, CT 06479-1375
Ownership since
2013
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
May 17, 2013
$1,744,000
62 West Main LLC
Axis Realty LLC
Warranty Deed
$1,344,000 · Axis Realty LLC
Jan 21, 2009
$1
Axis Realty LLC
Axis Rlty
Grant Deed
related
—
Feb 10, 1993
$400,000
Axis Realty
Bristol Sb
Grant Deed
$350,000 · Bristol Savings Bank
Dec 28, 1992
$390,000
Bristol Sb
Trd Realty
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Sep 21, 1989
$700,000
Trd Realty
Folcik,helen
Grant Deed
$450,000 · Bristol Savings 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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