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Property profile & analytics
OFF-MARKET
Car washes
312 Queen St Southington, CT 06489-1900
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US15-0581626
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,904 SF
Lot
2.01 ac (87,556 SF)
Zoning code
B
APN
SOUT M:157 L:002
UPID
US15-0581626
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
-
Russell Speeders Car Wash Of Southington Car Wash
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
Savings Institute · 13 yrs held
Savings Institute
since 2012
7 recorded transactions
Zoning & alternative use
B · Southington, 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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$14,438
Tax year 2023
Assessed value
$475,570
Assessed 2023
Previous assessed
$475,570
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$307,360
Assessed improvement
$168,210
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
3,904 SF
Lot
2.01 ac (87,556 SF)
Zoning code
B
APN
SOUT M:157 L:002
UPID
US15-0581626
Jurisdiction
SOUTHINGTON
Zoning & alternative use
B · Southington, CT
Zoning B · permitted uses
B · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
2.01 ac
Current owner
From public records · entity-resolved
Savings Institute
Individual
Mailing address
321 MAIN ST, FARMINGTON, CT 06032-2976
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2013
—
Water Works Car Wash
—
Deed Of Trust
related
$416,000 · United Bank
Oct 4, 2012
—
Savings Institute
Scheps,adam T
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 17, 2007
—
Queen Street Partners LLC
—
Deed Of Trust
related
$405,000 · Ct Development Auth
Oct 11, 2006
—
West Queen Developers LLC
—
Deed Of Trust
related
$1,800,000 · Newalliance Bank
Jul 28, 2006
—
Queen Street Ptnrs LLC
—
Deed Of Trust
related
$391,800 · Savings Institute
Jun 20, 2003
—
David Mongillo
—
Deed Of Trust
related
$100,000 · Farmington Savings Bank
Oct 21, 1997
—
Adorno Consulting LLC
—
Deed Of Trust
related
$435,000 · Lafayette American Bank
Aug 25, 1994
$181,393
Bristol Finc Svc INC
Mongillo,david G
Grant Deed
—
Nov 6, 1992
$50,000
Queen Ter Condo INC
Green Valley Dev
Warranty Deed
—
Mar 14, 1989
—
David Mongillo
—
Deed Of Trust
related
$180,000 · Bristol Savings 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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