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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Industrial properties
59 Phelps Ln, Simsbury, CT 06070
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US15-0529907
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.26 ac (11,326 SF)
Zoning code
SCZ
APN
SIMS M:H10 B:205 L:6
UPID
US15-0529907
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$825k
Owner & transaction history
Phelpswood LLC · 1 yrs held
Phelpswood LLC
since 2025
Last sale
$825,000
4 recorded transactions
Zoning & alternative use
SCZ · Simsbury, 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 Simsbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simsbury 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
$6,188
Tax year 2023
Assessed value
$194,460
Assessed 2023
Previous assessed
$194,460
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$50,050
Assessed improvement
$144,410
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Heating
NONE
Buildings
2
Units
1
Lot
0.26 ac (11,326 SF)
Zoning code
SCZ
APN
SIMS M:H10 B:205 L:6
UPID
US15-0529907
Jurisdiction
SIMSBURY
Zoning & alternative use
SCZ · Simsbury, CT
Zoning SCZ · permitted uses
SCZ · Simsbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Simsbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Buildings
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Phelpswood LLC
Entity
Mailing address
PO BOX 658, SIMSBURY, CT 06070-0658
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 6, 2025
$825,000
Phelpswood LLC
Phelps Lane LLC
Warranty Deed
$825,000 · Marlene Jung
Jul 9, 2018
—
Phelps Lane LLC
—
Deed
related
$85,000 · Farmington National Bank
Jul 25, 2014
—
Phelps Lane LLC
—
Grant Deed
related
$128,340 · Farmington Svgs Bk
Jul 29, 2004
$240,000
Phelphs Lane LLC
Messenger,joan P
Warranty Deed
$192,000 · Rockville Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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