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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Manufacturing properties
5 Nwnw Dr Plainville, CT 06062-1341
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US15-0263514
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
FRAME
Total area
25,630 SF
Lot
3.33 ac (145,055 SF)
Zoning code
RI
APN
PLAI M:07 B:F L:03
UPID
US15-0263514
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
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$987k
Blend (final)
Blend
$815k
Owner & transaction history
Pen Re LLC · 16 yrs held
Pen Re LLC
since 2009
5 recorded transactions
Zoning & alternative use
RI · Plainville, 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 Plainville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plainville 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
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$32 / 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
$27,169
Tax year 2023
Assessed value
$864,710
Assessed 2023
Previous assessed
$864,710
+0.0% YoY
Effective rate
3.14%
On assessed value
Assessed land
$153,510
Assessed improvement
$711,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
1
Units
2
Total area
25,630 SF
Lot
3.33 ac (145,055 SF)
Zoning code
RI
APN
PLAI M:07 B:F L:03
UPID
US15-0263514
Jurisdiction
PLAINVILLE
Zoning & alternative use
RI · Plainville, CT
Zoning RI · permitted uses
RI · Plainville, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Plainville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
NONE
Cooling
Yes
Buildings
1
Units
2
Lot
3.33 ac
Current owner
From public records · entity-resolved
Pen Re LLC
Entity
Mailing address
5 NWNW DR, PLAINVILLE, CT 06062-1341
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2009
$1,225,000
Pen Re LLC
Kimberton LLC
Warranty Deed
$980,000 · New England Bank
Dec 28, 2000
—
Kimberton LLC
—
Deed Of Trust
related
$711,000 · Zions First National Bank
Mar 16, 1995
$650,000
Kimberton LLC
Lvd Corp
Warranty Deed
$550,000 · First Natl Bk New Eng
Mar 16, 1995
$11,000
Kimberton LLC
Lvd Corp
Warranty Deed
—
Mar 16, 1995
—
Kimberton LLC
—
Deed Of Trust
related
$550,000 · First National Bank New Englnd
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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