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Property profile & analytics
OFF-MARKET
Estimated value
$7,130,000
Showrooms
560 Main St Willimantic, CT 06226-2755
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US15-0525464
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
104,500 SF
Lot
2.1 ac (91,476 SF)
Zoning code
PDD4
APN
WNDH M:13-05 B:139 L:2-1
UPID
US15-0525464
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
-
560 On Main Real Estate Agency Student Housing Center
-
Main Street Design Build LLC Architect
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.50M
Blend (final)
Blend
$7.13M
Owner & transaction history
Frog Bridge Dev Co LLC · 16 yrs held
Frog Bridge Dev Co LLC
since 2009
7 recorded transactions
Zoning & alternative use
PDD4 · Willimantic, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$10.6M
+13.7%
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 Willimantic submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willimantic 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,300,000
Current use
RETAIL STORES
$10,570,000
Change: +14% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,125,000
Change: -2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$7,480,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$7.13M
Range $6.42M – $7.84M · ±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
$68 / 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
$170,632
Tax year 2023
Assessed value
$3,599,840
Assessed 2023
Previous assessed
$3,599,840
+0.0% YoY
Effective rate
4.74%
On assessed value
Assessed land
$363,840
Assessed improvement
$3,236,000
Applied tax rate
514.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Buildings
1
Stories
5
Units
84
Total area
104,500 SF
Lot
2.1 ac (91,476 SF)
Zoning code
PDD4
APN
WNDH M:13-05 B:139 L:2-1
UPID
US15-0525464
Jurisdiction
WINDHAM
Zoning & alternative use
PDD4 · Willimantic, CT
Zoning PDD4 · permitted uses
PDD4 · Willimantic, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willimantic. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$9.3M
RETAIL STORES
Est. value
$10.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.1M
INDUSTRIAL (GENERAL)
Est. value
$7.5M
COMMERCIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (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
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
ELECTRIC
Stories
5
Buildings
1
Units
84
Lot
2.1 ac
Current owner
From public records · entity-resolved
Frog Bridge Dev Co LLC
Entity
Mailing address
5314 16TH AVE #218, BROOKLYN, NY 11204-1425
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
—
Frog Bridge Dev Co LLC
—
Deed
related
$6,000,000 · Sabal Capital 2 LLC
Oct 5, 2017
—
Frog Bridge Dev Co LLC
—
Deed
related
$4,488,000 · Cbre Cap Markets
Dec 8, 2009
$1,300,000
Frog Bridge Dev Co LLC
Riq LLC
Warranty Deed
$9,466,800 · Zuckerman Family Nomi
Nov 10, 2003
$5,000
Plaza Caribe LLC
Riq LLC
Warranty Deed
—
Oct 29, 1997
—
Riq LLC
—
Deed Of Trust
related
$675,000 · First New England FCU
Jul 30, 1997
$650,000
Riq LLC
Lilley,robert
Warranty Deed
$675,000 · First Natl Bk New Eng
Nov 22, 1994
—
Robert F Lilley
—
Deed Of Trust
related
$350,000 · Savings Institute
May 6, 1987
—
Robert F Lelley
—
Deed Of Trust
related
$240,000 · Ct Natl Bk
—
—
Frog Bridge Dev Co LLC
—
Deed Of Trust
related
$4,488,000 · Cbre Cap Markets
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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