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Property profile & analytics
OFF-MARKET
Estimated value
$14,960,000
Industrial properties
550 Marshall Phelps Rd, Windsor, CT 06095-1701
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0826354
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1982
Construction
STEEL FRAME
Total area
217,496 SF
Lot
29.75 ac (1,295,910 SF)
APN
WSOR M:00029 B:00130 L:000001
UPID
US15-0826354
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
-
GXO Logistics Company Freight Service
-
Xpo Logistic Coworking & Hybrid Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.96M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.91M
Blend (final)
Blend
$14.96M
Owner & transaction history
Bodum USA INC · 1 yrs held
Bodum USA INC
since 2024
Last sale
$15.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$24.0M
+59.0%
Auto repair, garage
$21.8M
+44.7%
Apartment house (5+ units)
$20.0M
+32.6%
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 Windsor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Windsor 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
$14,960,000
ML approach
$14,960,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$15,070,000
Current use
OFFICE BUILDING
$23,970,000
Change: +59% · Conversion: Difficult
AUTO REPAIR, GARAGE
$21,815,000
Change: +45% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$19,990,000
Change: +33% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,115,000
Change: +14% · Conversion: Difficult
WAREHOUSE, STORAGE
$12,135,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$14.96M
Range $13.46M – $16.46M · ±10% · vs last sale $14.96M (Sep 12 2024)
Last sale anchor
$14.96M
Sep 12 2024
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
$69 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$161,324
Tax year 2024
Assessed value
$5,320,700
Assessed 2024
Previous assessed
$5,320,700
+0.0% YoY
Effective rate
3.03%
On assessed value
Assessed land
$1,627,850
Assessed improvement
$3,692,850
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Bathrooms
3
Total area
217,496 SF
Lot
29.75 ac (1,295,910 SF)
APN
WSOR M:00029 B:00130 L:000001
UPID
US15-0826354
Jurisdiction
WINDSOR
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$15.1M
OFFICE BUILDING
Est. value
$24.0M
AUTO REPAIR, GARAGE
Est. value
$21.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$20.0M
COMMERCIAL (GENERAL)
Est. value
$17.1M
WAREHOUSE, STORAGE
Est. value
$12.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Bathrooms
3
Lot
29.75 ac
Current owner
From public records · entity-resolved
Bodum USA INC
Entity
Mailing address
550 E MARSHALL PHELPS RD FL #8, WINDSOR, CT 06095-1701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2024
$14,960,000
Bodum USA INC
Marshall Phelps Grp LLC
Warranty Deed
$10,000,000 · Berkshire Bank
Dec 8, 2021
—
Marshall Phelps Group LLC
—
Deed
related
$10,300,000 · Liberty Bank
Oct 3, 2019
$9,500,000
Marshall Phelps Group LLC
Fremont 550 Marshall Phel
Warranty Deed
—
Jun 15, 2015
—
550 Marshall Phelps LLC
550k Marshall Phelps LLC
Warranty Deed
—
Aug 26, 2008
$9,600,000
Marshall Phelps Rd 550k
Diamond Leases USA INC
Grant Deed
$7,000,000 · Conn General LLC
Dec 6, 1995
$14,000,000
Lease USA Diamond
Advent Rlty LP
Warranty Deed
—
Jul 19, 1994
—
Advest Rlty LP
—
Deed Of Trust
related
$5,450,000 · Principal Mutual Life Ins
Jun 25, 1991
$12,200,000
Advent Realty LP
Ire Real Estate Fund
Warranty Deed
$610,000 · 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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