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Property profile & analytics
OFF-MARKET
Banks
304 Main St Killingly, CT 06239-2825
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-1201460
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1967
Construction
FRAME
Total area
7,036 SF
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
KILL M:181 B:164
UPID
US15-1201460
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
-
Bank of America ATM (Drive-thru) Atm
-
Bank of America (with Drive-thru ATM) Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Willington Hill LLC · 1 yrs held
Willington Hill LLC
since 2025
1 recorded transaction
Zoning & alternative use
GC · Killingly, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Commercial establishments generate large amounts of traffic or require large sites and frontage on major highways are not suited ti location in residential areas
Zone name
General Commercial
General category
COMMERCIAL
Zone area
853.36 ac
Source
Realmo
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 Killingly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Killingly 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$17,064
Tax year 2023
Assessed value
$531,790
Assessed 2023
Previous assessed
$531,790
+0.0% YoY
Effective rate
3.21%
On assessed value
Assessed land
$128,800
Assessed improvement
$402,990
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
7,036 SF
Lot
2.3 ac (100,188 SF)
Zoning code
GC
APN
KILL M:181 B:164
UPID
US15-1201460
Jurisdiction
KILLINGLY
Zoning & alternative use
GC · Killingly, CTZoning GC · permitted uses
GC · Killingly, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Commercial establishments generate large amounts of traffic or require large sites and frontage on major highways are not suited ti location in residential areas
Zone name
General Commercial
General category
COMMERCIAL
Zone area
853.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1967
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Willington Hill LLC
Entity
Mailing address
101 N TRYON ST, CHARLOTTE, NC 28246-0100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Willington Hill LLC
Bank Of America NA
Warranty Deed
$400,000 · Roland J Toutant
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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