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Property profile & analytics
OFF-MARKET
Estimated value
$1,695,000
Showrooms
68 National Dr Glastonbury, CT 06033-4352
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US15-0761598
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,458 SF
Lot
3.5 ac (152,460 SF)
Zoning code
PI
APN
GLAS M:E5 B:4680 L:S0003
UPID
US15-0761598
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
-
Smith Brothers Insurance LLC. Insurance Agency
-
Smith Brothers Insurance Insurance Agency
-
Smith Brothers Financial, LLC Financial Advisor
-
Camilleri & Clarke Associates Inc Insurance Agency
-
Mr. Richard Ross Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.76M
Blend (final)
Blend
$1.70M
Owner & transaction history
Siebar Glastonbury 20 LLC · 7 yrs held
Siebar Glastonbury 20 LLC
since 2019
7 recorded transactions
Zoning & alternative use
PI · Glastonbury, 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 Glastonbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glastonbury 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.86M · ±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
$79 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$69,914
Tax year 2024
Assessed value
$2,189,600
Assessed 2024
Previous assessed
$2,189,600
+0.0% YoY
Effective rate
3.19%
On assessed value
Assessed land
$830,800
Assessed improvement
$1,358,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Total area
21,458 SF
Lot
3.5 ac (152,460 SF)
Zoning code
PI
APN
GLAS M:E5 B:4680 L:S0003
UPID
US15-0761598
Jurisdiction
GLASTONBURY
Zoning & alternative use
PI · Glastonbury, CT
Zoning PI · permitted uses
PI · Glastonbury, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glastonbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Lot
3.5 ac
Current owner
From public records · entity-resolved
Siebar Glastonbury 20 LLC
Entity
Mailing address
360 BLOOMFIELD AVE STE #401, WINDSOR, CT 06095-2700
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
Jun 4, 2019
$2,634,800
Siebar Glastonbury 20 LLC
Smith Brothers Real Est
Warranty Deed
$2,475,000 · Peoples United Bank
Jun 4, 2019
—
Dzs LLC
Smith Brothers Real
Quit Claim Deed
related
—
Mar 1, 2011
—
Smith Brothers Re LLC
—
Deed Of Trust
related
$1,825,000 · Insurbanc
Apr 23, 2002
—
Smith Brothers Re LLC
—
Deed Of Trust
related
$16,800,000 · Tolland Bank
Jan 16, 2001
—
Dis LLC
—
Deed Of Trust
related
$300,000 · Tolland Bank
Apr 5, 2000
$1,300,000
Smith Bros Re LLC
68 National Dr LLC
Warranty Deed
$1,060,000 · Tolland Bank
Oct 16, 1996
$743,500
68 National Drive LLC
Leverage Group INC
Warranty Deed
—
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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