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Property profile & analytics
OFF-MARKET
Estimated value
$5,825,000
Super regional malls
378 Kelly Rd, Vernon, CT 06066-3900
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US15-0094513
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1967
Construction
STEEL FRAME
Total area
25,631 SF
Lot
1.77 ac (77,101 SF)
Zoning code
COMMER
APN
VERN M:02 B:0009 L:0001B
UPID
US15-0094513
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
-
Asymmetry Salon and Barber Hair Salon
-
Yang Zi Jiang Restaurant
-
Tommy's Tanning Tanning Salon
-
Rita's Italian Ice & Frozen Custard Grocery & Convenience Store Specialty Food Shop
-
Goodyear Auto Service (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.83M
Owner & transaction history
Mb Select Group LLC · 3 yrs held
Mb Select Group LLC
since 2022
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
COMMER · Vernon, 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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$5,695,000
ML approach
$5,955,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.83M
Range $5.24M – $6.41M · ±10% · vs last sale $5.83M (Oct 11 2022)
Last sale anchor
$5.83M
Oct 11 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
$227 / 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
$71,104
Tax year 2023
Assessed value
$2,129,490
Assessed 2023
Previous assessed
$2,129,490
+0.0% YoY
Effective rate
3.34%
On assessed value
Assessed land
$247,800
Assessed improvement
$1,881,690
Applied tax rate
420.0000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Total area
25,631 SF
Lot
1.77 ac (77,101 SF)
Zoning code
COMMER
APN
VERN M:02 B:0009 L:0001B
UPID
US15-0094513
Jurisdiction
VERNON
Zoning & alternative use
COMMER · Vernon, CT
Zoning COMMER · permitted uses
COMMER · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Lot
1.77 ac
Current owner
From public records · entity-resolved
Mb Select Group LLC
Entity
Mailing address
378 KELLY RD, VERNON, CT 06066-3900
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2022
$5,825,000
Mb Select Group LLC
Centercorp Capital LLC
Warranty Deed
$4,000,000 · Centreville Bank
Dec 30, 2010
$2,500,000
Centercorp Capital LLC
Rockville Bank Commerical
Warranty Deed
—
Jul 21, 2010
—
Rockville Bk
Arnold,malcolm
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
—
Sep 8, 2008
—
Ma Arnold 3 LLC
—
Deed Of Trust
related
$78,687 · Citizens Bank Of Ct
Mar 7, 2007
—
M A Arnold 3 LLC
—
Deed Of Trust
related
$3,700,000 · Rockville Bank
Feb 22, 2006
—
M A Arnold 3 LLC
—
Deed Of Trust
related
$650,000 · Rockville Bank
Oct 12, 2005
$2,000,000
M A Arnold 3 LLC
Granite Rlty Assoc LP
Warranty Deed
$1,850,000 · 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.
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