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Property profile & analytics
OFF-MARKET
Retail space
64 Market Sq Newington, CT 06111-2911
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US15-0203204
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
FRAME
Total area
2,250 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B-TC
APN
NEWI M:10 B:671 L:0
UPID
US15-0203204
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
-
Connecticut Personal Training Gym & Fitness Center
-
Todd Cacopardo Physician
-
Christina Mogelnicki Physician
-
Kyle Wolf Physician
-
Kristin Gilbey Physician
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
Edge Lea Holdings LLC · 10 yrs held
Edge Lea Holdings LLC
since 2015
5 recorded transactions
Zoning & alternative use
B-TC · Newington, 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 Newington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newington 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
$10,765
Tax year 2023
Assessed value
$280,640
Assessed 2023
Previous assessed
$280,640
+0.0% YoY
Effective rate
3.84%
On assessed value
Assessed land
$63,000
Assessed improvement
$217,640
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,250 SF
Lot
0.1 ac (4,356 SF)
Zoning code
B-TC
APN
NEWI M:10 B:671 L:0
UPID
US15-0203204
Jurisdiction
NEWINGTON
Zoning & alternative use
B-TC · Newington, CT
Zoning B-TC · permitted uses
B-TC · Newington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Edge Lea Holdings LLC
Entity
Mailing address
47 N MAIN ST, WEST HARTFORD, CT 06107-1926
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2015
$350,000
Edge Lea Holdings LLC
Safd LLC
Warranty Deed
$250,000 · Webster Bank
Oct 12, 1993
$194,000
Forrest C Doyle
M&j Realty Co
Warranty Deed
$155,000 · Mechanics Svgs Bk
Oct 12, 1993
—
Forrest C Doyle
—
Deed Of Trust
related
$20,000 · Mechanics Svgs Bk
Jun 1, 1990
$203,800
M&j Realty Co
Eckhouse,steven Tr
Grant Deed
$195,000 · Mechanics Svgs Bk
Jun 18, 1987
—
Western Ct Dev Co
—
Deed Of Trust
related
$850,000 · Us Trust Co
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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