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Property profile & analytics
FOR LEASE
Warehouses
385 Stamm Rd, Newington, CT 06111
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US15-0248336
For Lease
1 / 14
$10 SF/Yr
385 Stamm Rd, Newington, CT 06111
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1974
Construction
BRICK
Total area
64,603 SF
Lot
6.8 ac (296,208 SF)
Zoning code
I
APN
NEWI M:20 B:290 L:0
UPID
US15-0248336
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
-
EDRIVE Actuators, Inc. Industrial Manufacturer Production Facility
-
Meyer Enterprises Factory Production Facility
-
Pro Performance Network Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$990k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.53M
Owner & transaction history
Rpg Stamm LLC · 11 yrs held
Rpg Stamm LLC
since 2014
7 recorded transactions
Zoning & alternative use
I · Newington, 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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
$990,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$24 / 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
$45,802
Tax year 2023
Assessed value
$1,194,000
Assessed 2023
Previous assessed
$1,194,000
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$103,600
Assessed improvement
$1,090,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1974
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
64,603 SF
Lot
6.8 ac (296,208 SF)
Zoning code
I
APN
NEWI M:20 B:290 L:0
UPID
US15-0248336
Jurisdiction
NEWINGTON
Zoning & alternative use
I · Newington, CT
Zoning I · permitted uses
I · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
6.8 ac
Current owner
From public records · entity-resolved
Rpg Stamm LLC
Entity
Mailing address
170 PANE RD, NEWINGTON, CT 06111-5521
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2017
—
Rpg Stamm LLC
—
Deed
related
$2,500,000 · Thomaston Savings Bank
Dec 19, 2014
—
Rpg Stamm LLC
Rsd Real Estate INC
Warranty Deed
$1,440,000 · Thomaston Savings Bank
May 2, 2003
—
Rogers Sashi Door Co
—
Deed Of Trust
related
$1,075,000 · Webster Bank
Jul 5, 2001
—
Rogers Sashi Door Co
—
Deed Of Trust
related
$125,000 · First International Bank
Nov 27, 2000
—
Rogers Sashi&door Co
—
Deed Of Trust
related
$950,000 · First American Bank
Dec 5, 1997
$275,000
Mohawk Northeast INC
Rogers Sash & Door Co
Warranty Deed
$220,000 · First Natl Bk New Eng
Jan 31, 1997
—
Rogers Sashi Door Co
—
Deed Of Trust
related
$298,650 · First Natl Bk New Eng
Apr 8, 1987
—
Rogers Sash & Door Co
—
Deed Of Trust
related
$600,000 · Burritt Intrafinancial Banc
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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