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Property profile & analytics
FOR SALE
Showrooms
48 Kingsbury Ave, Tolland, CT 06084
Entity Owned
~
Est. High Equity
Property ID
US15-0846725
For Sale
1 / 2
$550,000
48 Kingsbury Ave, Tolland, CT 06084
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,080 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CIZ
APN
TOLL M:12 B:C L:15-00
UPID
US15-0846725
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
Carmens Banquet LLC
Carmens Banquet LLC
since 2025
6 recorded transactions
Zoning & alternative use
CIZ · Tolland, 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 Tolland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolland 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
$11,541
Tax year 2023
Assessed value
$309,150
Assessed 2023
Previous assessed
$309,150
+0.0% YoY
Effective rate
3.73%
On assessed value
Assessed land
$50,500
Assessed improvement
$258,650
Applied tax rate
415.0000
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
For Sale
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
10,080 SF
Lot
0.88 ac (38,333 SF)
Zoning code
CIZ
APN
TOLL M:12 B:C L:15-00
UPID
US15-0846725
Jurisdiction
TOLLAND
Zoning & alternative use
CIZ · Tolland, CT
Zoning CIZ · permitted uses
CIZ · Tolland, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
0.88 ac
Current owner
From public records · entity-resolved
Carmens Banquet LLC
Entity
Mailing address
48 KINGSBURY AVE, TOLLAND, CT 06084-2803
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2025
—
Carmens Banquet LLC
Isaac Dejesus
Warranty Deed
$290,000 · Nextlevel Cap Grp LLC
Oct 3, 2023
—
Isaac Dejesus
—
Deed
related
$222,000 · Cl Equity Mgmt LLC
Nov 23, 2022
—
Isaac Dejesus
—
Deed
related
$100,000 · Shara LLC
Mar 14, 2022
$250,000
Issac Dejesus
Kingsbury LLC
Warranty Deed
—
Dec 16, 2021
$135,000
Kingsbury LLC
Italian Amer Friendship
Warranty Deed
—
Oct 7, 2010
—
Italian American Frndshp
—
Deed Of Trust
related
$54,000 · Rockville Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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