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Property profile & analytics
OFF-MARKET
Showrooms
440 Pleasant St Willimantic, CT 06226-3226
Individually Owned
39-yr Hold
~
Est. High Equity
Property ID
US15-0552821
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1890
Construction
FRAME
Total area
3,722 SF
Lot
0.49 ac (21,344 SF)
Zoning code
NPR2
APN
WNDH M:12-05 B:154 L:27
UPID
US15-0552821
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Douglas Pierce · 39 yrs held
Douglas Pierce
since 1987
Last sale
$79,000
4 recorded transactions
Zoning & alternative use
NPR2 · Willimantic, 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 Willimantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willimantic 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
$6,292
Tax year 2023
Assessed value
$132,750
Assessed 2023
Previous assessed
$132,750
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$25,170
Assessed improvement
$107,580
Applied tax rate
514.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1890
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
4
Total area
3,722 SF
Lot
0.49 ac (21,344 SF)
Zoning code
NPR2
APN
WNDH M:12-05 B:154 L:27
UPID
US15-0552821
Jurisdiction
WINDHAM
Zoning & alternative use
NPR2 · Willimantic, CT
Zoning NPR2 · permitted uses
NPR2 · Willimantic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willimantic. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
4
Lot
0.49 ac
Current owner
From public records · entity-resolved
Douglas Pierce
Individual
Mailing address
146 HIGHLAND RD, MANSFIELD CENTER, CT 06250-1546
Ownership since
1987
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
Jun 14, 2000
—
Richard Gosselin
—
Deed Of Trust
related
$108,000 · Equicredit Corp
Nov 30, 1993
—
Douglas Pierce
—
Deed Of Trust
related
$76,500 · Fleet Real Estate Funding Corp
Oct 8, 1992
—
Donald Gaudreau
—
Deed Of Trust
related
$300,000 · Savings Bank Of Manchester
Feb 17, 1987
$79,000
Douglas Pierce
Flaherty,thomas
Grant Deed
$79,790 · Independence One Mortgage Corp
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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