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Property profile & analytics
OFF-MARKET
Estimated value
$2,435,000
Industrial properties
38 Lancaster Dr Beacon Falls, CT 06403-1050
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US15-0424990
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Construction
STEEL FRAME
Total area
34,900 SF
Lot
2 ac (87,120 SF)
Zoning code
IPD
APN
BEAC M:003 B:004 L:0014
UPID
US15-0424990
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.54M
Blend (final)
Blend
$2.44M
Owner & transaction history
Dimaio Holdings LLC · 13 yrs held
Dimaio Holdings LLC
since 2013
5 recorded transactions
Zoning & alternative use
IPD · Beacon Falls, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.9M
+59.3%
Office building
$3.9M
+58.2%
Retail stores
$3.8M
+53.4%
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 Beacon Falls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beacon Falls 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
INDUSTRIAL (GENERAL)
$2,470,000
Current use
COMMERCIAL (GENERAL)
$3,935,000
Change: +59% · Conversion: Difficult
OFFICE BUILDING
$3,905,000
Change: +58% · Conversion: Difficult
RETAIL STORES
$3,785,000
Change: +53% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$3,655,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,165,000
Change: +28% · Conversion: Easy
WAREHOUSE, STORAGE
$2,055,000
Change: -17% · Conversion: Easy
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±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
$47,403
Tax year 2023
Assessed value
$1,604,710
Assessed 2023
Previous assessed
$1,604,710
+0.0% YoY
Effective rate
2.95%
On assessed value
Assessed land
$109,200
Assessed improvement
$1,495,510
Applied tax rate
318.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
2
Rooms
1
Bathrooms
2
Total area
34,900 SF
Lot
2 ac (87,120 SF)
Zoning code
IPD
APN
BEAC M:003 B:004 L:0014
UPID
US15-0424990
Jurisdiction
BEACON FALLS
Zoning & alternative use
IPD · Beacon Falls, CT
Zoning IPD · permitted uses
IPD · Beacon Falls, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beacon Falls. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2001
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
1
Rooms
1
Bathrooms
2
Lot
2 ac
Current owner
From public records · entity-resolved
Dimaio Holdings LLC
Entity
Mailing address
127 12TH ST, BROOKLYN, NY 11215-3818
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2026
—
Dimaio Holdings LLC
—
Deed
related
$4,750,000 · Hm Lfc Two LLC
Apr 16, 2014
—
Dimaio Holdings LLC
—
Deed Of Trust
related
$393,500 · State Of Ct Dept Of Economic&c
Jan 23, 2013
$1,600,000
Dimaio Holdings LLC
Sck Props LLC
Warranty Deed
$1,400,000 · Jpmorgan Chase Bank NA
Dec 8, 2006
—
Sck Properties
—
Deed Of Trust
related
$713,000 · Ct Comunity Inv
Nov 3, 2005
$1,132,500
Sck Properties
Jfm Machine Co
Warranty Deed
$863,901 · Naugatuck 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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