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Property profile & analytics
FOR SALE
Industrial properties
295 Ella Grasso Tpke, Windsor Locks, CT 06096
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US15-0687594
For Sale
1 / 2
$20,860,000
295 Ella Grasso Tpke, Windsor Locks, CT 06096
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Property summary
AI-generated overview
This exceptional industrial property, located at 295 Ella Grasso Turnpike in Windsor Locks, CT 06096, offers a substantial 450,560 square feet of warehouse and manufacturing space within the Bradley Airport Development Zone. The single-story building, constructed in 1963, features a 16'6" ceiling height and is situated on a generous 25.93-acre lot. Flexible lease options are available, ranging from a minimum of 25,000 square feet to a maximum contiguous space of 317,620 square feet
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Construction
STEEL FRAME
Total area
456,237 SF
Lot
25.93 ac (1,129,511 SF)
Zoning code
IND3
APN
WINL M:17 B:38 L:49
UPID
US15-0687594
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
$24.74M
Blend (final)
Blend
$20.86M
Owner & transaction history
295 Ella Grasso Owner LLC · 2 yrs held
295 Ella Grasso Owner LLC
since 2023
2 recorded transactions
Zoning & alternative use
IND3 · Windsor Locks, 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 Windsor Locks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor Locks 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
$20.86M
Range $18.77M – $22.95M · ±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
$46 / 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
$240,108
Tax year 2023
Assessed value
$9,119,180
Assessed 2023
Previous assessed
$9,119,180
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$4,356,240
Assessed improvement
$4,762,940
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1963
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
456,237 SF
Lot
25.93 ac (1,129,511 SF)
Zoning code
IND3
APN
WINL M:17 B:38 L:49
UPID
US15-0687594
Jurisdiction
WINDSOR LOCKS
Zoning & alternative use
IND3 · Windsor Locks, CT
Zoning IND3 · permitted uses
IND3 · Windsor Locks, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Windsor Locks. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
25.93 ac
Current owner
From public records · entity-resolved
295 Ella Grasso Owner LLC
Entity
Mailing address
11601 WILSHIRE BLVD STE #1690, LOS ANGELES, CA 90025-1772
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2023
—
295 Ella Grasso Owner LLC
Summerstone Fund Vi LLC
Warranty Deed
$14,465,000 · Thorofare Asset Based
Sep 4, 2018
$8,450,000
Summerstone Fund 6 LLC
Winchester Partnership
Warranty Deed
$6,750,000 · Lakeland 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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