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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Turn key restaurants
4 Park Pl Granby, CT 06035-2300
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0606692
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1931
Construction
FRAME
Total area
4,604 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CO
APN
GRAN M:G-51 B:0073 L:0015
UPID
US15-0606692
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
-
Deep Roots Street Food Restaurant
-
Grassroots Ice Cream Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Granbyparkplace Nlh LLC · 4 yrs held
Granbyparkplace Nlh LLC
since 2022
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
CO · Granby, CT
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 Granby submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Granby 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
$855,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $850k (Jul 27 2022)
Last sale anchor
$850k
Jul 27 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
$187 / 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
$13,200
Tax year 2023
Assessed value
$413,910
Assessed 2023
Previous assessed
$413,910
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$94,710
Assessed improvement
$319,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1931
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
11
Bathrooms
2
Total area
4,604 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CO
APN
GRAN M:G-51 B:0073 L:0015
UPID
US15-0606692
Jurisdiction
GRANBY
Zoning & alternative use
CO · Granby, CTZoning CO · permitted uses
CO · Granby, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
ZONING REGULATIONS
Building & site characteristics
From public records
Year built
1931
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
11
Bathrooms
2
Lot
0.65 ac
Current owner
From public records · entity-resolved
Granbyparkplace Nlh LLC
Entity
Mailing address
4 PARK PL, GRANBY, CT 06035-2300
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2022
$850,000
Granbyparkplace Nlh LLC
J Seth Associates LLC
Warranty Deed
$1,981,800 · First Bank
Apr 4, 2017
$190,000
J Seth Associates LLC
4 Park Pl Trust
Trustees Deed
related
—
Apr 1, 1987
—
Welch Avery
—
Deed Of Trust
related
$60,000 · Simsbury Bank & Trust Co
—
—
J Seth Assoc LLC
—
Deed Of Trust
related
$330,000 · Windsor Fsla
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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