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Property profile & analytics
OFF-MARKET
Auto shops
63 Black Rock Tpke Redding, CT 06896-3009
Individually Owned
35-yr Hold
~
Est. High Equity
Property ID
US15-0574762
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,208 SF
Lot
0.64 ac (27,878 SF)
Zoning code
R-2
APN
REDD M:31 L:87
UPID
US15-0574762
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
-
Pine Tree Garage Auto Repair Shop
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
John P Richardson JR. · 35 yrs held
John P Richardson JR.
since 1991
1 recorded transaction
Zoning & alternative use
R-2 · Redding, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-2 Rural Residential Zone Intent of zone: To provide a rural residential environment in which desirable living qualities, safe water supply and sewage disposal, flood control, emergency services and other public needs are carefully balanced with conservation of natural resources and protection of public water supply watershed.
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
20,157.31 ac
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 Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding 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
$8,656
Tax year 2023
Assessed value
$312,600
Assessed 2023
Previous assessed
$305,000
+2.5% YoY
Effective rate
2.77%
On assessed value
Assessed land
$186,500
Assessed improvement
$126,100
Applied tax rate
130.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
2,208 SF
Lot
0.64 ac (27,878 SF)
Zoning code
R-2
APN
REDD M:31 L:87
UPID
US15-0574762
Jurisdiction
REDDING
Zoning & alternative use
R-2 · Redding, CTZoning R-2 · permitted uses
R-2 · Redding, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-2 Rural Residential Zone Intent of zone: To provide a rural residential environment in which desirable living qualities, safe water supply and sewage disposal, flood control, emergency services and other public needs are carefully balanced with conservation of natural resources and protection of public water supply watershed.
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
20,157.31 ac
Building & site characteristics
From public records
Year built
1922
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
John P Richardson JR.
Individual
Mailing address
63 BLACK ROCK TPKE, WEST REDDING, CT 06896-3009
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 1991
—
John P Richardson JR.
—
Deed Of Trust
related
$150,000 · Peoples 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.
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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