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Property profile & analytics
OFF-MARKET
Estimated value
$22,680,000
Retail space
44 Prospect Hl Rd East Windsor, CT 06088-9501
Entity Owned
14-yr Hold
Free & Clear
Property ID
US15-0967535
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
185,293 SF
Lot
18.47 ac (804,553 SF)
Zoning code
M-1
APN
EWIN M:92 B:17 L:30
UPID
US15-0967535
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
-
Western Union Bank Credit Union
-
Walmart Bakery Bakery Specialty Food Shop
-
Walmart Pet Services Kennel & Boarding Facility
-
Walmart House Cleaning Services Hardware & Home Improvement
-
MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$26.93M
Blend (final)
Blend
$22.68M
Owner & transaction history
Wal Mart Stores East LP · 14 yrs held
Wal Mart Stores East LP
since 2012
5 recorded transactions
Zoning & alternative use
M-1 · East Windsor, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$31.7M
+48.6%
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 East Windsor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Windsor 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
RETAIL STORES
$21,325,000
Current use
RESTAURANT
$31,685,000
Change: +49% · Conversion: Easy
OFFICE BUILDING
$20,420,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$18,585,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,510,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$22.68M
Range $20.41M – $24.95M · ±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
$122 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$572,198
Tax year 2022
Assessed value
$15,750,000
Assessed 2022
Previous assessed
$15,750,000
+0.0% YoY
Effective rate
3.63%
On assessed value
Assessed land
$5,742,420
Assessed improvement
$10,007,580
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
185,293 SF
Lot
18.47 ac (804,553 SF)
Zoning code
M-1
APN
EWIN M:92 B:17 L:30
UPID
US15-0967535
Jurisdiction
EAST WINDSOR
Zoning & alternative use
M-1 · East Windsor, CT
Zoning M-1 · permitted uses
M-1 · East Windsor, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Windsor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$21.3M
RESTAURANT
Est. value
$31.7M
OFFICE BUILDING
Est. value
$20.4M
AUTO REPAIR, GARAGE
Est. value
$18.6M
COMMERCIAL (GENERAL)
Est. value
$17.5M
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2013
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
18.47 ac
Current owner
From public records · entity-resolved
Wal Mart Stores East LP
Entity
Free & Clear · 14 yrs held
Mailing address
702 SW 8TH ST, BENTONVILLE, AR 72716-6209
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2012
$7,300,000
Wal Mart Stores East LP
Kros East Windsor LLC
Warranty Deed
—
Dec 21, 2011
$1,825,000
Kros East Windsor LLC
1010 Broadway LLC
Warranty Deed
$3,800,000 · Peoples Bank Holyoke
Sep 25, 2002
$2,075,000
The 1010 Broadway LLC
Ginsberg Taunton LLC
Grant Deed
$2,875,000 · Sovereign Bank
Aug 4, 1997
$1,400,000
Prospect Hill LLC
Ginsberg,manuel
Grant Deed
$1,042,000 · Bankboston Development Co LLC
Nov 3, 1993
—
Manuel Ginsberg
—
Deed Of Trust
related
$1,318,596 · Shawmut Mortgage
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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