Entity Owned Property summary
AI-generated overview
This exceptional commercial property, located at 44 S Turnpike Rd, Wallingford, CT 06492, presents a compelling investment or owner-user opportunity. The 9,750 square foot building, constructed in 2004, sits on a 1.16-acre lot and boasts a prime location with approximately 284 feet of road frontage. The property features ample parking (40 spaces) in a level, paved, and lined lot, ensuring convenient access for customers and employees. Its excellent visibility and curb appeal, along with prominent signage, contribute to its high commercial viability. The building is zoned for commercial use and offers easy access to major roadways, including close proximity to the Wilbur Cross Parkway. The asking price is $1,299,000, translating to $133.23 per square foot. This single-building property is ideal for a variety of commercial uses. Showings are by appointment only. All inquiries must maintain confidentiality and refrain from contacting the property owners or employees.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2004
Construction
STEEL FRAME
Total area
9,750 SF
Lot
1.16 ac (50,530 SF)
APN
WALL M:132 L:007
UPID
US15-1316720
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Barber Shop
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$801k
Blend (final)
Blend
$940k
Owner & transaction history
since 2023
Last sale
$960,000
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Restaurant
$1.4M
+48.1%
Retail stores
$1.1M
+9.9%
Apartment house (5+ units)
$1.0M
+6.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$940k
Value range
$846k – $1.03M
±10% around blend
Estimated value / SF
$96 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
$846k
blend $940k
$1.03M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,750 SF
Lot area
1.16 ac
Year built
2004
Stories
1
APN
WALL M:132 L:007
Assessed value
$509,600
Annual tax
$14,952
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.17M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.2 mi away · 7,930 SF
13.6 mi away · 10,948 SF
14.8 mi away · 11,200 SF
16.4 mi away · 12,044 SF
19.7 mi away · 8,912 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$940k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 58 sales
$99
-2%
Submarket 58 sales
$99
-2%
County 975 sales
$113
-14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $96/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+48%
vs current-use indication
Retail Stores
Apartment House (5+ Units)
Commercial (general) · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$960k
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$60k
$1.21M
$864k
$672k
$67k
$1.34M
$960k
$747k
$74k
$1.48M
$1.06M
$821k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.50M
12.1 mi · Dec 2025 · $160/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,952
Tax year 2023
Assessed value
$509,600
Assessed 2023
Previous assessed
$509,600
+0.0% YoY
Effective rate
2.93%
On assessed value
Assessed land
$104,900
Assessed improvement
$404,700
Applied tax rate
310.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Rooms
6
Bathrooms
1
Total area
9,750 SF
Lot
1.16 ac (50,530 SF)
APN
WALL M:132 L:007
UPID
US15-1316720
Jurisdiction
WALLINGFORD
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Rooms
6
Bathrooms
1
Lot
1.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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