Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Showrooms
294 New London Tpke Glastonbury, CT 06033-2294
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0078825
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1924
Construction
FRAME
Total area
2,818 SF
Lot
0.39 ac (16,988 SF)
Zoning code
PBD
APN
GLAS M:D6 B:4760 L:S0010
UPID
US15-0078825
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
-
Stifel Marcin - The B2B Marketing Agency Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$509k
Blend (final)
Blend
$615k
Owner & transaction history
294 Nlt Associates LLC · 4 yrs held
294 Nlt Associates LLC
since 2021
Last sale
$635,000
7 recorded transactions
Zoning & alternative use
PBD · Glastonbury, 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 Glastonbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glastonbury 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
$620,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$615k
Range $554k – $677k · ±10% · vs last sale $635k (Aug 17 2021)
Last sale anchor
$635k
Aug 17 2021
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
$218 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,704
Tax year 2024
Assessed value
$429,200
Assessed 2024
Previous assessed
$429,200
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$219,300
Assessed improvement
$209,900
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
1924
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
2,818 SF
Lot
0.39 ac (16,988 SF)
Zoning code
PBD
APN
GLAS M:D6 B:4760 L:S0010
UPID
US15-0078825
Jurisdiction
GLASTONBURY
Zoning & alternative use
PBD · Glastonbury, CT
Zoning PBD · permitted uses
PBD · Glastonbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glastonbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1924
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
294 Nlt Associates LLC
Entity
Mailing address
51 TIMROD TRL, GLASTONBURY, CT 06033-1936
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
294 Nlt Associates LLC
—
Deed
related
$297,000 · Community Investment Corp
Aug 17, 2021
$635,000
294 Nlt Associates LLC
Lexsam LLC
Warranty Deed
—
Apr 11, 2012
—
Lexsam LLC
—
Deed Of Trust
related
$350,000 · Td Bank NA
Apr 11, 2012
$1
Lexsam LLC
Als LLC
Grant Deed
related
—
Jan 12, 1999
$285,000
Als LLC
Bruce,william C
Warranty Deed
$220,000 · Glastonbury Bk & Tr
Aug 3, 1994
$151,800
William C Bruce
Scoville,homer G
Warranty Deed
$221,000 · Zenon Grzybowski
Aug 3, 1994
$108,150
William C Bruce
Katz,harvey A
Warranty Deed
—
Apr 7, 1989
$245,000
Homer G Scoville
Adamcek,ernest M
Grant Deed
—
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 294 New London Tpke?
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.
