New search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Retail space
504 Talcottville Rd Vernon, CT 06066-4019
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US15-0960121
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
STEEL FRAME
Total area
7,956 SF
Lot
1.52 ac (66,211 SF)
Zoning code
COMMER
APN
VERN M:09 B:015T L:0021A
UPID
US15-0960121
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
-
O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$750k
Owner & transaction history
Shivani Panchal Inv LLC · 15 yrs held
Shivani Panchal Inv LLC
since 2011
2 recorded transactions
Zoning & alternative use
COMMER · Vernon, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$980,000
+45.6%
Office building
$800,000
+18.9%
Commercial (general)
$710,000
+5.2%
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 Vernon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon 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
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$675,000
Current use
RESTAURANT
$980,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$800,000
Change: +19% · Conversion: Easy
COMMERCIAL (GENERAL)
$710,000
Change: +5% · Conversion: Easy
AUTO REPAIR, GARAGE
$685,000
Change: +2% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$630,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±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
$94 / 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
$45,461
Tax year 2023
Assessed value
$1,361,530
Assessed 2023
Previous assessed
$1,341,000
+1.5% YoY
Effective rate
3.34%
On assessed value
Assessed land
$170,240
Assessed improvement
$1,191,290
Applied tax rate
420.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2017
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
1
Stories
1
Rooms
1
Bathrooms
2
Total area
7,956 SF
Lot
1.52 ac (66,211 SF)
Zoning code
COMMER
APN
VERN M:09 B:015T L:0021A
UPID
US15-0960121
Jurisdiction
VERNON
Zoning & alternative use
COMMER · Vernon, CT
Zoning COMMER · permitted uses
COMMER · Vernon, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$675,000
RESTAURANT
Est. value
$980,000
OFFICE BUILDING
Est. value
$800,000
COMMERCIAL (GENERAL)
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$685,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$630,000
RETAIL STORES Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
1
Rooms
1
Bathrooms
2
Lot
1.52 ac
Current owner
From public records · entity-resolved
Shivani Panchal Inv LLC
Entity
Mailing address
PO BOX 9167, SPRINGFIELD, MO 65801-9167
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2011
$625,000
Shivani Panchal Inv LLC
Av Land & Building Ent
Warranty Deed
$475,000 · Monson Savings Bank
Dec 6, 1999
$250,000
Av Land & Bldg Ent LLC
Pizza Hut America
Warranty Deed
$451,828 · Worth Funding INC
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?”
You own 504 Talcottville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
