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Property profile & analytics
FOR SALE
Showrooms
344 N Main St, Marlborough, CT 06447
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-0734912
For Sale
1 / 17
$799,000
344 N Main St, Marlborough, CT 06447
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Construction
FRAME
Total area
7,728 SF
Lot
0.92 ac (40,075 SF)
Zoning code
GC
APN
MARL M:0005 B:017A L:6
UPID
US15-0734912
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
-
CLA (CliftonLarsonAllen) Accounting Firm Tax Preparation
-
Medical Aid To Haiti, Inc. (MATH) Charitable Organization Social Service Agency
-
Dream Developers Inc Construction Company General Contractor
-
CliftonLarsonAllen Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$543k
Blend (final)
Blend
$540k
Owner & transaction history
Marlborough Props LLC · 15 yrs held
Marlborough Props LLC
since 2011
6 recorded transactions
Zoning & alternative use
GC · Marlborough, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$890,000
+21.8%
Office building
$850,000
+16.6%
Auto repair, garage
$775,000
+6.1%
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 Marlborough submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marlborough 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$730,000
Current use
RETAIL STORES
$890,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$850,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$775,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$710,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$70 / 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
$15,459
Tax year 2023
Assessed value
$445,120
Assessed 2023
Previous assessed
$445,120
+0.0% YoY
Effective rate
3.47%
On assessed value
Assessed land
$65,860
Assessed improvement
$379,260
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
For Sale
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
4
Rooms
7
Bathrooms
3
Total area
7,728 SF
Lot
0.92 ac (40,075 SF)
Zoning code
GC
APN
MARL M:0005 B:017A L:6
UPID
US15-0734912
Jurisdiction
MARLBOROUGH
Zoning & alternative use
GC · Marlborough, CT
Zoning GC · permitted uses
GC · Marlborough, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marlborough. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$730,000
RETAIL STORES
Est. value
$890,000
OFFICE BUILDING
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$775,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$710,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
4
Rooms
7
Bathrooms
3
Lot
0.92 ac
Current owner
From public records · entity-resolved
Marlborough Props LLC
Entity
Mailing address
PO BOX 1171, GLASTONBURY, CT 06033-6171
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2021
—
Marlborough Prop LLC
—
Deed
related
$395,411 · Peoples United Bank
Jun 28, 2011
$570,000
Marlborough Props LLC
Warfield Ridge LLC
Warranty Deed
—
Jun 21, 2010
—
Warfield Ridge LLC
—
Deed Of Trust
related
$480,000 · Rockville Bank
Oct 16, 2006
—
Warfield Ridge LLC
—
Deed Of Trust
related
$150,000 · Connecticut Mortgage Co
Mar 7, 2005
$1,120,000
Warfield Ridge LLC
Mark Taylor
Warranty Deed
$450,000 · First Tennessee Bk NA
Oct 9, 1996
$425,000
Mark Taylor
Arista Enterprises
Grant Deed
$400,000 · Zenon Grzybowski
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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