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Property profile & analytics
OFF-MARKET
Industrial properties
588 Pepper St Monroe, CT 06468-2672
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US15-0501765
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
STEEL FRAME
Total area
12,648 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I2
APN
MONR M:103 B:022 L:00
UPID
US15-0501765
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
-
a & b mechanical General Contractor
-
A&B Carting, LLC General Contractor Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
855 Pepper St LLC · 8 yrs held
855 Pepper St LLC
since 2017
7 recorded transactions
Zoning & alternative use
I2 · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$22,534
Tax year 2023
Assessed value
$600,100
Assessed 2023
Previous assessed
$600,100
+0.0% YoY
Effective rate
3.76%
On assessed value
Assessed land
$253,700
Assessed improvement
$346,400
Applied tax rate
126.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
12,648 SF
Lot
3.01 ac (131,116 SF)
Zoning code
I2
APN
MONR M:103 B:022 L:00
UPID
US15-0501765
Jurisdiction
MONROE
Zoning & alternative use
I2 · Monroe, CT
Zoning I2 · permitted uses
I2 · Monroe, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
3.01 ac
Current owner
From public records · entity-resolved
855 Pepper St LLC
Entity
Mailing address
588 PEPPER ST, MONROE, CT 06468-2672
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2017
$875,000
855 Pepper St LLC
Proudfoot Co INC
Warranty Deed
$437,500 · M&t Bank NA
Nov 6, 2017
—
588 Pepper St LLC
—
Deed
related
$361,000 · Community Inv
Nov 4, 2003
—
Proudfoot Co INC
—
Deed Of Trust
related
$121,081 · Dop Allen Proudfoot T
Feb 13, 2003
—
Proudfoot Co INC
—
Deed Of Trust
related
$450,000 · Newtown Savings Bank
Oct 6, 1993
$128,590
Proudfoot Co INC
Proudfoot,don JR
Grant Deed
related
$94,643 · Don Allen Proudfoot
Mar 18, 1991
$375,127
Proudfoot Co INC
D Allen Proudfoot Qual
Grant Deed
related
$375,126 · Zenon Grzybowski
—
—
588 Pepper St LLC
—
Deed Of Trust
related
$361,000 · Community Inv
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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