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Property profile & analytics
OFF-MARKET
Industrial properties
5 Main St Redding, CT 06896
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0648097
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1900
Construction
FRAME
Total area
4,973 SF
Lot
0.18 ac (7,841 SF)
Zoning code
BC
APN
REDD M:46 L:83
UPID
US15-0648097
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
-
The Granite Church Hotel & Motel Resort
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
Georgetown Arts & Cultural · 10 yrs held
Georgetown Arts & Cultural
since 2016
7 recorded transactions
Zoning & alternative use
BC · Redding, 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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$10,065
Tax year 2023
Assessed value
$363,500
Assessed 2023
Previous assessed
$320,700
+13.3% YoY
Effective rate
2.77%
On assessed value
Assessed land
$176,200
Assessed improvement
$187,300
Applied tax rate
130.0000
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
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
5
Total area
4,973 SF
Lot
0.18 ac (7,841 SF)
Zoning code
BC
APN
REDD M:46 L:83
UPID
US15-0648097
Jurisdiction
REDDING
Zoning & alternative use
BC · Redding, CT
Zoning BC · permitted uses
BC · Redding, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Redding. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
5
Lot
0.18 ac
Current owner
From public records · entity-resolved
Georgetown Arts & Cultural
Individual
Mailing address
49 WAYSIDE LN, REDDING, CT 06896-2804
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2016
$365,000
Georgetown Arts & Cultural
Peoples United Bank NA
Quit Claim Deed
—
Apr 6, 2015
—
Peoples United Bank
Peoples United Bank|5 Main St Associates LLC
Foreclosure
related
—
Apr 8, 2013
—
5 Main Street Assoc LLC
—
Deed Of Trust
related
$437,000 · Peoples Bank
Apr 8, 2013
$1
5 Main Street Assoc LLC
Paris,richard W
Grant Deed
related
—
Jan 9, 2013
$1
Richard W Paris
Paris,barbara J
Grant Deed
related
—
Dec 30, 2010
—
Richard W Paris
—
Deed Of Trust
related
$50,000 · Ffld County Bank Corp
Feb 9, 2007
—
Richard W Paris
—
Deed Of Trust
related
$270,000 · Ffld County Bank Corp
Jan 24, 2006
—
Richard W Paris
—
Deed Of Trust
related
$200,000 · Ffld County Bank Corp
Dec 29, 2000
$250,000
Robert W Paris
Main St Flacl LLC
Warranty Deed
—
Sep 24, 1999
$175,000
Main St Flac LLC
Pagano,dominick A Tr
Warranty Deed
$150,000 · Zuckerman Family Nomi
Jun 17, 1994
$155,000
Dominick Pagano Trust
Ark Lodge Corp
Warranty Deed
$150,000 · Zenon Grzybowski
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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