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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Industrial properties
448 Pepper St Monroe, CT 06468-2610
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0551141
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2000
Construction
STEEL FRAME
Total area
85,649 SF
Lot
16.15 ac (703,494 SF)
Zoning code
I2
APN
MONR M:094 B:020 L:00
UPID
US15-0551141
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
-
Nehds monroe ct Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.00M
Blend (final)
Blend
$1.53M
Owner & transaction history
448 Pepper St LLC · 7 yrs held
448 Pepper St LLC
since 2018
7 recorded transactions
Zoning & alternative use
I2 · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
$1,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$18 / 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
$115,136
Tax year 2023
Assessed value
$3,066,200
Assessed 2023
Previous assessed
$3,066,200
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$672,500
Assessed improvement
$2,393,700
Applied tax rate
126.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
SOLAR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
85,649 SF
Lot
16.15 ac (703,494 SF)
Zoning code
I2
APN
MONR M:094 B:020 L:00
UPID
US15-0551141
Jurisdiction
MONROE
Zoning & alternative use
I2 · Monroe, CT
Zoning I2 · permitted uses
I2 · Monroe, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
STEEL FRAME
Heating
SOLAR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
16.15 ac
Current owner
From public records · entity-resolved
448 Pepper St LLC
Entity
Mailing address
84 OLD ORCH PARK, FAIRFIELD, CT 06824-6606
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2018
$4,000,000
448 Pepper St LLC
Rgs Property LLC
Warranty Deed
$3,500,000 · Milford Bank
May 4, 2018
—
Rgs Prop LLC
—
Deed
related
$340,000 · Ares Capital Corp
Apr 27, 2016
—
State Of Connecticut
P & M Realty INC
Warranty Deed
—
Jan 22, 2016
$7,000,000
Rgs Property LLC
S B Real Estate LLC
Warranty Deed
—
Oct 20, 2003
—
Sb Real Est LLC
—
Deed Of Trust
related
$900,000 · Wachovia Bank NA
Feb 15, 2002
—
Sb Real Est LLC
—
Deed Of Trust
related
$1,000,000 · Hudson United Bank
Dec 1, 1999
$375,000
Sb Re LLC
Sockol,richard E
Warranty Deed
—
—
—
Rgs Property LLC
—
Deed Of Trust
related
$275,000 · General Electric Co
—
—
Rgs Prop LLC
—
Deed Of Trust
related
$340,000 · Ares Capital 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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