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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Car washes
4 Wannowmassa Rd Farmington, CT 06032-1119
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US15-0404936
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1970
Total area
5,916 SF
Lot
1.28 ac (55,757 SF)
Zoning code
B2
APN
FARM M:0048 B:1B-20650004
UPID
US15-0404936
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
$786k
Blend (final)
Blend
$745k
Owner & transaction history
Wannowmassa Assoc LLC · 17 yrs held
Wannowmassa Assoc LLC
since 2008
6 recorded transactions
Zoning & alternative use
B2 · Farmington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+70.5%
Retail stores
$680,000
+14.8%
Office building
$665,000
+11.9%
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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
AUTO REPAIR, GARAGE
$595,000
Current use
RESTAURANT
$1,010,000
Change: +71% · Conversion: Difficult
RETAIL STORES
$680,000
Change: +15% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +12% · Conversion: Difficult
COMMERCIAL (GENERAL)
$560,000
Change: -6% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$545,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$126 / 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
$20,001
Tax year 2023
Assessed value
$826,140
Assessed 2023
Previous assessed
$826,140
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$532,350
Assessed improvement
$293,790
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1970
Heating
NONE
Buildings
1
Stories
1
Total area
5,916 SF
Lot
1.28 ac (55,757 SF)
Zoning code
B2
APN
FARM M:0048 B:1B-20650004
UPID
US15-0404936
Jurisdiction
FARMINGTON
Zoning & alternative use
B2 · Farmington, CT
Zoning B2 · permitted uses
B2 · Farmington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$595,000
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$680,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$560,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$545,000
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1970
Heating
NONE
Stories
1
Buildings
1
Lot
1.28 ac
Current owner
From public records · entity-resolved
Wannowmassa Assoc LLC
Entity
Mailing address
PO BOX 1096, FARMINGTON, CT 06034-1096
Ownership since
2008
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
Aug 29, 2008
—
Wannowmassa Assoc LLC
—
Deed Of Trust
related
$1,000,000 · Farmington Savings Bank
May 29, 2008
—
Wannowmassa Assoc LLC
—
Deed Of Trust
related
$125,000 · Farmington Savings Bank
Sep 2, 2005
—
Wannowmassa Assoc LLC
—
Deed Of Trust
related
$682,000 · Farmington Savings Bank
Apr 18, 1997
—
William A Cromack
—
Deed Of Trust
related
$289,000 · Farmington Savings Bank
Nov 4, 1992
—
William C Cromack
—
Deed Of Trust
related
$170,000 · Bristol Savings Bank
Sep 26, 1990
—
William Cromach
—
Deed Of Trust
related
$344,000 · Bristol 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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