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Property profile & analytics
OFF-MARKET
Showrooms
40 Tower Ln Avon, CT 06001-4222
Entity Owned
33-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US15-1029145
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1983
Construction
STEEL FRAME
Lot
2.79 ac (121,532 SF)
Zoning code
IP
APN
AVON M:7 L:4370040
UPID
US15-1029145
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
-
Ed Barry - Raymond James Financial Advisor
-
Lodestar Energy Production Facility
-
Biogas Energy Solutions LLC Electrical Service General Contractor
-
Media Only Federal Government Office
-
Pamela Lefever Foster Care Service Social Service Agency
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
Cmit Inv Group LP · 33 yrs held
Cmit Inv Group LP
since 1993
4 recorded transactions
Zoning & alternative use
IP · Avon, 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 Avon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Avon 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
$96,649
Tax year 2023
Assessed value
$2,730,981
Assessed 2023
Previous assessed
$2,730,981
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$195,300
Assessed improvement
$2,535,681
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1983
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Lot
2.79 ac (121,532 SF)
Zoning code
IP
APN
AVON M:7 L:4370040
UPID
US15-1029145
Jurisdiction
AVON
Zoning & alternative use
IP · Avon, CT
Zoning IP · permitted uses
IP · Avon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Avon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Lot
2.79 ac
Current owner
From public records · entity-resolved
Cmit Inv Group LP
Entity
Mailing address
30 TOWER LN, AVON, CT 06001-4278
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1993
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
Mar 22, 2011
—
Colbert Assoc
—
Deed Of Trust
related
$210,000 · Hill Colbert
Jun 30, 2008
—
40 Tower Lane Assoc LLC
—
Deed Of Trust
related
$4,000,000 · Bank Of Western Massachusetts
Jun 22, 2000
—
10 Tower Ln Corp
—
Deed Of Trust
related
$300,000 · Mechanics Savings Bank
May 5, 1993
$1,050,000
Cmit Inv Group LP
Aetna Life Ins Co
Warranty Deed
$1,050,000 · Aetna Life & Casualty
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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