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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Commercial real estate
71 Albany Tpke Canton, CT 06019-2507
Entity Owned
4-yr Hold
Free & Clear
Property ID
US15-0884280
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1976
Construction
STEEL FRAME
Total area
13,530 SF
Lot
4.83 ac (210,395 SF)
Zoning code
EGDVD
APN
CANT M:32 B:101 L:0071
UPID
US15-0884280
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
-
Subaru Service Auto Repair Shop
-
Subaru Parts Auto Parts Store
-
Mitchell Chrysler Dodge Jeep Ram Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.42M
Owner & transaction history
M&s Mitchell Realty · 4 yrs held
M&s Mitchell Realty
since 2022
5 recorded transactions
Zoning & alternative use
EGDVD · Canton, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+80.9%
Retail stores
$1.6M
+21.8%
Office building
$1.5M
+16.6%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,280,000
Current use
RESTAURANT
$2,315,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,555,000
Change: +22% · Conversion: Easy
OFFICE BUILDING
$1,490,000
Change: +17% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,355,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,245,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±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
$105 / 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
$113,594
Tax year 2023
Assessed value
$3,211,580
Assessed 2023
Previous assessed
$3,211,580
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$1,352,400
Assessed improvement
$1,859,180
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
13,530 SF
Lot
4.83 ac (210,395 SF)
Zoning code
EGDVD
APN
CANT M:32 B:101 L:0071
UPID
US15-0884280
Jurisdiction
CANTON
Zoning & alternative use
EGDVD · Canton, CT
Zoning EGDVD · permitted uses
EGDVD · Canton, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$2.3M
RETAIL STORES
Est. value
$1.6M
OFFICE BUILDING
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1976
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
4.83 ac
Current owner
From public records · entity-resolved
M&s Mitchell Realty
Entity
Free & Clear · 4 yrs held
Mailing address
384 HOPMEADOW ST, SIMSBURY, CT 06070
Ownership since
2022
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
Dec 1, 2022
—
M&s Mitchell Realty
—
Deed
related
$5,100,000 · Bmo Harris Bank NA
Feb 17, 2022
—
M&s Mitchell Realty
M&s Mitchell Realty
Quit Claim Deed
related
—
Dec 28, 2018
—
M&s Mitchell Realty
Mark A Mitchell
Quit Claim Deed
related
$10,260,000 · Bmo Harris Bank NA
May 23, 2011
—
Mark A Mitchell
—
Deed Of Trust
related
$650,000 · Sovereign Bank
Jan 16, 1996
—
Mark Mitchell
—
Deed Of Trust
related
$240,000 · Fleet Mortgage Corp
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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