Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$17,035,000
Industrial properties
29 Research Pkwy Wallingford, CT 06492-1927
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US15-0707748
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Construction
STEEL FRAME
Total area
187,914 SF
Lot
16.13 ac (702,623 SF)
APN
WALL M:042 L:002
UPID
US15-0707748
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
-
Amazon.com Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.39M
Blend (final)
Blend
$17.04M
Owner & transaction history
Bam Wallingford LLC · 5 yrs held
Bam Wallingford LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$27.5M
+106.8%
Retail stores
$20.4M
+53.4%
Apartment house (5+ units)
$19.7M
+48.0%
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 Wallingford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wallingford 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,290,000
Current use
RESTAURANT
$27,480,000
Change: +107% · Conversion: Difficult
RETAIL STORES
$20,385,000
Change: +53% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$19,675,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$18,560,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,045,000
Change: +28% · Conversion: Easy
WAREHOUSE, STORAGE
$11,060,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$17.04M
Range $15.33M – $18.74M · ±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
$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
$343,803
Tax year 2023
Assessed value
$11,717,900
Assessed 2023
Previous assessed
$11,717,900
+0.0% YoY
Effective rate
2.93%
On assessed value
Assessed land
$1,086,200
Assessed improvement
$10,631,700
Applied tax rate
310.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
187,914 SF
Lot
16.13 ac (702,623 SF)
APN
WALL M:042 L:002
UPID
US15-0707748
Jurisdiction
WALLINGFORD
Zoning & alternative use
Zoning · permitted uses
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
INDUSTRIAL (GENERAL) Current
Est. value
$13.3M
RESTAURANT
Est. value
$27.5M
RETAIL STORES
Est. value
$20.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$19.7M
COMMERCIAL (GENERAL)
Est. value
$18.6M
AUTO REPAIR, GARAGE
Est. value
$17.0M
WAREHOUSE, STORAGE
Est. value
$11.1M
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
2002
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
16.13 ac
Current owner
From public records · entity-resolved
Bam Wallingford LLC
Entity
Mailing address
401 EDGEWATER PL STE #265, WAKEFIELD, MA 01880-6241
Ownership since
2021
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
Mar 2, 2021
—
Bam Wallingford LLC
Nbpii Wallingford LLC
Warranty Deed
$235,600,000 · Wells Fargo Bank NA
Feb 26, 2021
—
Bam Wallingford LLC
Nbpii Wallingford LLC
Warranty Deed
—
Dec 4, 2020
—
Nbph Wallingford LLC
29 Fremont Research
Warranty Deed
$16,300,000 · Banknewport
Sep 20, 2013
$8,126,530
29 Fremont Research
Fr Nif 1 LLC
Warranty Deed
$4,200,000 · Webster Bank
Feb 3, 2004
$13,650,000
Fr Nlf I LLC
Harward Rlty
Warranty Deed
$9,200,000 · Zuckerman Family Nomi
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 29 Research Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
