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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Industrial properties
38 Ident Rd South Windsor, CT 06074-2404
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0145373
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,400 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I
APN
SWIN M:84 B:43
UPID
US15-0145373
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
$860k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$913k
Blend (final)
Blend
$815k
Owner & transaction history
35-38 Ident Road LLC · 6 yrs held
35-38 Ident Road LLC
since 2020
Last sale
$790,000
6 recorded transactions
Zoning & alternative use
I · South Windsor, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+50.8%
Apartment house (5+ units)
$1.2M
+38.2%
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 South Windsor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Windsor 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
$815,000
ML approach
$860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$890,000
Current use
AUTO REPAIR, GARAGE
$1,345,000
Change: +51% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,230,000
Change: +38% · Conversion: Difficult
WAREHOUSE, STORAGE
$750,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $790k (Mar 3 2020)
Last sale anchor
$790k
Mar 3 2020
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
$61 / 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
$18,476
Tax year 2023
Assessed value
$557,500
Assessed 2023
Previous assessed
$557,500
+0.0% YoY
Effective rate
3.31%
On assessed value
Assessed land
$89,700
Assessed improvement
$467,800
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
YES
Buildings
1
Stories
1
Units
3
Rooms
7
Bathrooms
1
Total area
13,400 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I
APN
SWIN M:84 B:43
UPID
US15-0145373
Jurisdiction
SOUTH WINDSOR
Zoning & alternative use
I · South Windsor, CT
Zoning I · permitted uses
I · South Windsor, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Windsor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$750,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
1
Units
3
Rooms
7
Bathrooms
1
Lot
3.01 ac
Current owner
From public records · entity-resolved
35-38 Ident Road LLC
Entity
Mailing address
336 S SERVICE RD, MELVILLE, NY 11747-3232
Ownership since
2020
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
Jan 31, 2023
—
38 Ident LLC
—
Deed
related
$1,500,000 · Td Bank NA
Mar 3, 2020
$790,000
35-38 Ident Road LLC
Mitchell Property Group
Warranty Deed
$700,000 · Country Bank
Apr 27, 2010
$100,000
Mitchell Re LLC
Lavalle,robert
Warranty Deed
—
Feb 28, 2006
—
Mitchell Property Grp
—
Deed Of Trust
related
$635,000 · Rockville Bank
Dec 21, 2005
—
Mitchell Prop Grp LLC
—
Deed Of Trust
related
$200,000 · Carmine Esposito
May 5, 2004
$233,650
Mitchell Property Grp LLC
Esposito,carmine
Warranty Deed
$200,000 · 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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