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Property profile & analytics
OFF-MARKET Estimated value $265,000
Retail space

324 Somers Rd Ellington, CT 06029-2627

3,626 SF 0.92 ac lot Built 1820
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US15-0341504
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1820
Construction FRAME
Total area 3,626 SF
Lot 0.92 ac (40,075 SF)
Zoning code C
APN ELLI M:092 B:002 L:0000
UPID US15-0341504
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
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k
Owner & transaction history
Mjs Leasing LLC · 10 yrs held
Mjs Leasing LLC
since 2015
4 recorded transactions
2021
Price N/A
2015
Price N/A
2006
Price N/A
2005
Price N/A
Zoning & alternative use
C · Ellington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial Zone C Planned Commercial Zone PC Industrial Districts Industrial Zone I Industrial Park Zone IP Flood Plain Flood Plain District FP 1.3.2 Zoning Map and Boundaries A. The boundaries of these zones are established as shown on the Zoning Map, Ellington, Connecticut, effective on August 2, 1968, as it may be AMENDED from time to time, and filed in t…

Zone name Commercial
General category COMMERCIAL
Zone area 63.38 ac
Source CHAPTER 1
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