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Property profile & analytics
OFF-MARKET
Estimated value
$6,475,000
Showrooms
297 Boston Post Rd, Orange, CT 06477-3537
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0637873
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1999
Construction
CONCRETE
Total area
25,440 SF
Lot
2.59 ac (112,820 SF)
Zoning code
LSC
APN
ORAN M:22 B:3 L:6D
UPID
US15-0637873
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
-
Hokkaido Ramen (Bike/Boat/Book/etc) Store
-
Advanced Radiology-297 BP.Road,Orange,CT,06477 Physician
-
Dr. Joshua M. Sapire, MD Physician
-
Advanced Radiology Consultants - Orange Medical Clinic
-
Wells Fargo Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.15M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.48M
Owner & transaction history
Parkway Plaza INC · 4 yrs held
Parkway Plaza INC
since 2022
Last sale
$6.8M
5 recorded transactions
Zoning & alternative use
LSC · Orange, 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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$6,150,000
ML approach
$6,145,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.48M
Range $5.83M – $7.12M · ±10% · vs last sale $6.80M (May 3 2022)
Last sale anchor
$6.80M
May 3 2022
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
$255 / 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
$67,017
Tax year 2023
Assessed value
$2,074,200
Assessed 2023
Previous assessed
$2,074,200
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$675,200
Assessed improvement
$1,399,000
Applied tax rate
336.0000
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
1999
Construction
CONCRETE
Heating
FORCED AIR
Buildings
1
Stories
1
Units
10
Total area
25,440 SF
Lot
2.59 ac (112,820 SF)
Zoning code
LSC
APN
ORAN M:22 B:3 L:6D
UPID
US15-0637873
Jurisdiction
ORANGE
Zoning & alternative use
LSC · Orange, CT
Zoning LSC · permitted uses
LSC · Orange, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orange. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Construction
CONCRETE
Heating
FORCED AIR
Stories
1
Buildings
1
Units
10
Lot
2.59 ac
Current owner
From public records · entity-resolved
Parkway Plaza INC
Entity
Mailing address
297 BOSTON POST RD, ORANGE, CT 06477-3537
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
May 3, 2022
$6,800,000
Parkway Plaza INC
Prime Realty LLC
Warranty Deed
$5,100,000 · Union Savings Bank
Jul 20, 2006
—
Prime Rlty
—
Deed Of Trust
related
$3,500,000 · Rockville Bank
Dec 11, 2003
—
Prime Realty LLC
—
Deed Of Trust
related
$5,000,000 · Chase Home Mortgage
Dec 6, 2001
—
Prime Realty LLC
—
Deed Of Trust
related
$3,600,000 · First Union National Bank
Oct 28, 1993
$10,000
Prime Prop Of Ct
Woodbridge RT
Warranty 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.
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