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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Industrial properties
66 Industrial Park W Rd Tolland, CT 06084-2806
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US15-0773295
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,854 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CIZ
APN
TOLL M:19 B:B L:13-00
UPID
US15-0773295
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
-
Shelby Supply Company Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$325k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$520k
Owner & transaction history
Briere Real Estate Hldg · 6 yrs held
Briere Real Estate Hldg
since 2019
7 recorded transactions
Zoning & alternative use
CIZ · Tolland, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$850,000
+31.6%
Auto repair, garage
$720,000
+11.8%
Retail stores
$705,000
+9.3%
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 Tolland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tolland 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
$325,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$645,000
Current use
COMMERCIAL (GENERAL)
$850,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +12% · Conversion: Easy
RETAIL STORES
$705,000
Change: +9% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$705,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$59 / 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
$12,987
Tax year 2023
Assessed value
$347,900
Assessed 2023
Previous assessed
$347,900
+0.0% YoY
Effective rate
3.73%
On assessed value
Assessed land
$100,400
Assessed improvement
$247,500
Applied tax rate
415.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Bathrooms
1
Total area
8,854 SF
Lot
2.25 ac (98,010 SF)
Zoning code
CIZ
APN
TOLL M:19 B:B L:13-00
UPID
US15-0773295
Jurisdiction
TOLLAND
Zoning & alternative use
CIZ · Tolland, CT
Zoning CIZ · permitted uses
CIZ · Tolland, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tolland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$645,000
COMMERCIAL (GENERAL)
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$705,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$705,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Bathrooms
1
Lot
2.25 ac
Current owner
From public records · entity-resolved
Briere Real Estate Hldg
Individual
Mailing address
66 INDUSTRIAL PARK RD W, TOLLAND, CT 06084-2806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Sep 24, 2019
$500,000
Briere Real Estate Hldg
3 Ninos Realty LLC
Warranty Deed
$400,000 · United Bank
Aug 26, 2014
$500,000
3 Ninos Realty LLC
North River Props LLC
Warranty Deed
$400,000 · United Bank
Sep 4, 2007
$480,000
North River Propertie LLC
66 Iprw Exchange LLC
Warranty Deed
$250,000 · Newalliance Bank
Jun 14, 2007
$1
66 Iprw Exchange LLC
Camm Realty LLC
Warranty Deed
related
—
Sep 14, 2004
—
Camm Realty LLC
—
Deed Of Trust
related
$30,000 · Banknorth NA
Dec 30, 1998
$275,000
Camm Realty
Marandino,joseph
Warranty Deed
$247,500 · Springfield Inst Svgs
Sep 18, 1987
—
Joseph Morandini
—
Deed Of Trust
related
$175,000 · Connecticut Bank & Trust
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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