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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Showrooms
44 Lk St Coventry, CT 06238-3165
Individually Owned
Free & Clear
Property ID
US15-0147224
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1900
Construction
STEEL FRAME
Total area
11,088 SF
Lot
1.53 ac (66,647 SF)
Zoning code
VG
APN
COVE M:000L B:0035 L:0003
UPID
US15-0147224
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
-
Ingraham Auction Trade Show Venue (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$721k
Blend (final)
Blend
$670k
Owner & transaction history
University Of Ct
University Of Ct
since 2026
7 recorded transactions
Zoning & alternative use
VG · Coventry, 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 Coventry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coventry 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
Blend value · Realmo final
$670k
Range $603k – $737k · ±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
$60 / 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
$10,001
Tax year 2023
Assessed value
$315,100
Assessed 2023
Previous assessed
$315,100
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$135,000
Assessed improvement
$180,100
Applied tax rate
406.0000
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
1900
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
11,088 SF
Lot
1.53 ac (66,647 SF)
Zoning code
VG
APN
COVE M:000L B:0035 L:0003
UPID
US15-0147224
Jurisdiction
COVENTRY
Zoning & alternative use
VG · Coventry, CT
Zoning VG · permitted uses
VG · Coventry, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coventry. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
1.53 ac
Current owner
From public records · entity-resolved
University Of Ct
Individual
Free & Clear · 0 yrs held
Mailing address
585 RDG RD, WETHERSFIELD, CT 06109-2633
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2026
—
University Of Ct
Coventry Lake LLC
Warranty Deed
—
Jun 14, 2011
—
Coventry Lake LLC
—
Deed Of Trust
related
$300,000 · Peoples Bank
Apr 29, 2010
$400,000
Coventry Lake LLC
Cromie,blaine C
Warranty Deed
$300,000 · Zwi Kohorn
Apr 29, 2010
$208,000
Mariana Prop LLC
Cromie,blaine C
Warranty Deed
—
Jun 28, 2004
—
Blaine Cromie
—
Deed Of Trust
related
$185,000 · Jewett City Savings Bank
Aug 16, 2003
$9,230
Blaine Cromie
Bezzini,richard
Grant Deed
—
Jan 10, 2002
$198,000
Blaine Cromie
Joy,kathleen
Grant Deed
$50,000 · Jewett City Savings Bank
Aug 17, 1993
—
Kathleen Joy
—
Deed Of Trust
related
$100,000 · Jewett City Savings Bank
Feb 23, 1993
$200,000
Cromie,richard Tr
Welles,thomas JR
Warranty Deed
—
Nov 6, 1992
—
Thomas G Wells JR.
—
Deed Of Trust
related
$120,000 · Thomas G Wells SR
Jan 6, 1988
$205,000
Thomas Wells JR
Cromie,blaine
Grant Deed
$200,000 · Zenon Grzybowski
Oct 9, 1987
$123,000
Laura Slater
Dufresne,raymond JR
Grant Deed
—
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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