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Property profile & analytics
OFF-MARKET
Turn key restaurants
4 Railroad St, Simsbury, CT 06070-2218
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US15-0261088
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1875
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,388 SF
Lot
0.19 ac (8,276 SF)
Zoning code
SCZ
APN
SIMS M:H10 B:226 L:2A-31315500
UPID
US15-0261088
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
-
Plan B Burger Bar - Simsbury Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
B Fare Property LLC · 12 yrs held
B Fare Property LLC
since 2014
6 recorded transactions
Zoning & alternative use
SCZ · Simsbury, 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 Simsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simsbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,839
Tax year 2023
Assessed value
$403,480
Assessed 2023
Previous assessed
$403,480
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$199,500
Assessed improvement
$203,980
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1875
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
1,388 SF
Lot
0.19 ac (8,276 SF)
Zoning code
SCZ
APN
SIMS M:H10 B:226 L:2A-31315500
UPID
US15-0261088
Jurisdiction
SIMSBURY
Zoning & alternative use
SCZ · Simsbury, CT
Zoning SCZ · permitted uses
SCZ · Simsbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1875
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
B Fare Property LLC
Entity
Mailing address
4 RAILROAD ST, SIMSBURY, CT 06070-2218
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2025
—
B Fare Property LLC
—
Deed
related
$1,150,000 · Liberty Bank
Feb 7, 2019
—
B Fare Prop LLC
—
Deed
related
$4,200,000 · Newtek Small Busn Fin
Mar 4, 2014
$800,000
B Fare Property LLC
Albemarle 1 Way LLC
Warranty Deed
$480,000 · Santander Bank NA
Jul 26, 2007
—
Albemarle One Way LLC
—
Deed Of Trust
related
$400,000 · Sovereign Bank
May 15, 1997
—
Walter Mccarthy
—
Deed Of Trust
related
$172,000 · Simsbury Bank & Trust Co
—
—
B Fare Prop LLC
—
Deed Of Trust
related
$4,200,000 · Newtek Small Busn Fin
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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