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Property profile & analytics
OFF-MARKET
Estimated value
$10,295,000
Retail properties & Spaces
55 Graham Pl Southington, CT 06489-1512
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US15-0856989
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1975
Total area
161,117 SF
Lot
10.7 ac (466,092 SF)
Zoning code
I-1
APN
SOUT M:169 L:011
UPID
US15-0856989
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
-
Pilgrim Furniture & Mattress City Southington Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.42M
Blend (final)
Blend
$10.30M
Owner & transaction history
We 55 Graham Place LLC · 4 yrs held
We 55 Graham Place LLC
since 2021
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
I-1 · Southington, 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 Southington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southington 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
$12,070,000
ML approach
$10,755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$16,160,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$15,225,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$10.30M
Range $9.27M – $11.32M · ±10% · vs last sale $10.00M (Dec 16 2021)
Last sale anchor
$10.00M
Dec 16 2021
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
$64 / 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
$145,826
Tax year 2023
Assessed value
$4,803,230
Assessed 2023
Previous assessed
$4,803,230
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$400,080
Assessed improvement
$4,403,150
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1975
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
161,117 SF
Lot
10.7 ac (466,092 SF)
Zoning code
I-1
APN
SOUT M:169 L:011
UPID
US15-0856989
Jurisdiction
SOUTHINGTON
Zoning & alternative use
I-1 · Southington, CT
Zoning I-1 · permitted uses
I-1 · Southington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$16.2M
COMMERCIAL (GENERAL)
Est. value
$15.2M
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1975
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
10.7 ac
Current owner
From public records · entity-resolved
We 55 Graham Place LLC
Entity
Mailing address
55 GRAHAM PL STE #303, SOUTHINGTON, CT 06489-1512
Ownership since
2021
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 16, 2021
$10,000,000
We 55 Graham Place LLC
55 Graham Place LLC
Warranty Deed
$6,300,000 · Webster Bank
Nov 23, 2016
—
55 Graham Place LLC
—
Deed
related
$4,000,000 · Thomaston Savings Bank
Apr 13, 2012
—
55 Graham Place LLC
—
Deed Of Trust
related
$4,193,000 · Farmington Savings Bank
Dec 26, 2007
—
55 Graham Place LLC
—
Deed Of Trust
related
$2,000,000 · Farmington Savings Bank
Dec 23, 2005
—
55 Graham Pl LLC
—
Deed Of Trust
related
$4,900,000 · Farmington Savings Bank
Oct 28, 2003
—
55 Graham Pl LLC
—
Deed Of Trust
related
$915,000 · Farmington Savings Bank
Jun 26, 2002
—
55 Graham Pl INC
—
Deed Of Trust
related
$500,000 · Farmington Savings Bank
Apr 6, 2001
$5,100,000
Graham Pl LLC
Levitz S L Hartford
Warranty Deed
$4,100,000 · Farmington Savings Bank
Jun 11, 1999
—
Levitz St Htfd LLC
—
Deed Of Trust
related
$71,505 · 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.
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